Qafco Qatar Fertiliser Company Saq

QAFCO was founded in 1969 as a joint venture between the State of Qatar, Norsk Hydro Norway, Davy Power gas , and Hambros Bank, to produce Ammonia & Urea by utilizing Qatar's abundant gas resources. The company is now owned by Industries Qatar (IQ) as 75% shareholder and Yara International as 25% shareholder.

QAFCO’s inception in 1969 as a joint venture company to produce chemical fertilisers was the first and a significant step in Qatar’s industrial diversification program to utilize its abundant natural gas resources. Since then QAFCO has steered its way successfully, responding adequately to the world market demand for fertiliser and living up to the expectations of its shareholders, IQ and Yara.