Industries Qatar Q.S.C.(Arabic:صناعات قطر;IQ) is aQatariconglomeratewith subsidiaries and investments in thepetrochemicals,fertilisersandsteel industries.IQ is a 51-percent subsidiary ofQatarEnergy.Its shares are traded on theQatar Exchangeand is one of the largest publicly traded companies in Qatar bymarket capitalisation.[3]
| Company type | Public |
|---|---|
| QE:IQCD | |
| Industry | |
| Founded | 3 August 2003 |
| Headquarters | , Qatar |
Key people |
|
| Revenue |  QR5,970 million (2014)[1] |
 QR6,342 million (2014)[1] | |
| Total assets | QR36,556 million (2014)[1] |
| Total equity | QR33,585 million (2014)[1] |
| Parent |
|
| Subsidiaries |
|
| Website | www |
The company's principal investments are Qatar Petrochemical Company (QAPCO) (an 80:20joint venturewithTotalEnergies), Qatar Fuel Additives Company (QAFAC) (50 percent owned, with the remaining shares held byOPIC,International Octane and Taiwan-based LCY Group), Qatar Fertiliser Company (QAFCO) (a 75:25 joint venture withYara), andQatar Steel.[4]
QAFCO was established in 1969 as a joint venture between the government of Qatar,Norsk Hydro,Davy Power and Hambros Bank to produceammoniaandureain Qatar.[5]QAPCO and QAFAC were founded in 1974 and 1991 respectively.[6][7]By 2003, these three companies were held by Qatar Petroleum (QP) while Qatar Steel remained directly owned by the state. In that year, Qatar Steel was transferred to QP. QP subsequently transferred Qatar Steel, along with QAFCO, QAPCO and QAFAC into Industries Qatar, which was thenlistedon the Qatar Exchange.[8]
References
edit- ^abcdAnnual Report 2014(PDF),Industries Qatar Q.S.C., 2014-12-31, archived fromthe original(PDF)on 2016-03-05,retrieved2015-08-30
- ^"Industries Qatar Co. - IQCD".GulfBase.Retrieved2015-08-30.
- ^"Industries Qatar".Arabian Business.Retrieved2015-08-30.
- ^"The IQ Group Companies".Industries Qatar Q.S.C. Archived fromthe originalon 2015-09-24.Retrieved2015-08-30.
- ^"QAFCO – the world's largest ammonia and urea producer".BCInsight Ltd.Retrieved2015-08-30.
- ^"Qapco shares history as it marks 40th year by honouring employees".The Peninsula.2014-11-09. Archived fromthe originalon 2016-03-04.Retrieved2015-08-30.
- ^"Qafac to launch world's largest CO2 capture facility on Feb 9".Gulf Times.2015-01-27.Retrieved2015-08-30.
- ^"Industries Qatar".MarketsToday. Archived fromthe originalon 2016-03-04.Retrieved2015-08-30.
External links
edit
- Official website(in English)
- Official website(in Arabic)