Qatar Fertilizer Company
Qatar Fertilizer Company QSCC (QAFCO) was founded in 1969 as a joint venture with the Government of Qatar and a number of foreign shareholders, and has evolved steadily over the past five decades as a world-class fertilizer producer. As the country’s first large-scale venture in the petrochemical sector, QAFCO was established to diversify the economy and utilize the nation’s enormous gas reserve. QAFCO is 100% owned by Industries Qatar (IQ).
QAFCO currently has six world-class plants producing a sizable annual capacity of 3.8 million MT of ammonia and 5.6 million MT of urea. QAFCO is the world’s largest single-site exporter of urea with up to 14% share of the world supply. QAFCO is strongly committed to operating its assets safely, efficiently and in an environmentally responsible manner to produce high quality Ammonia and Urea. QAFCO aims to be the largest producer of urea in the world by 2030, driving towards a greener earth. As of 2020, Qatar Fertilizer Company has entered into a new gas sales and purchase agreement with Qatar Petroleum (QP) in effect from August 1 until December 31, 2035, covering the gas requirements of its units. The deal provides QP with cash to pursue investments, increase production, and expand operations. Qatar Fertilizer is dedicated to expanding its relationships with other organizations within the country and the United States.