Industries Qatar Q.S.C. ( ar, صناعات قطر; IQ) is a

Qatar Qatar (, ; ar, قطر, Qaṭar ; local vernacular pronunciation: ), officially the State of Qatar,) is a country in Western Asia. It occupies the Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it ...

i conglomerate with subsidiaries and investments in the

petrochemical Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable so ...

fertiliser A fertilizer (American English) or fertiliser (British English; see spelling differences) is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrients. Fertilizers may be distinct from ...

s and steel industries. IQ is a 51-percent subsidiary of

QatarEnergy QatarEnergy ( ar, قطر للطاقة), formerly Qatar Petroleum (QP), is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. The ...

. Its shares are traded on the

Qatar Exchange The Qatar Stock Exchange is the principal stock market of Qatar. QSE is a full member of the World Federation of Exchanges and was recently upgraded by the MSCI and the S&P Dow Jones Indices. History Established in 1995, the Doha Securities Mar ...

and is one of the largest publicly traded companies in Qatar by

market capitalisation Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by t ...

. The company's principal investments are Qatar Petrochemical Company (QAPCO) (an 80:20

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...

with

TotalEnergies TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and ...

), Qatar Fuel Additives Company (QAFAC) (50 percent owned, with the remaining shares held by OPIC, International Octane and Taiwan-based LCY Group), Qatar Fertiliser Company (QAFCO) (a 75:25 joint venture with Yara), and

Qatar Steel Qatar Steel (formerly QASCO) was formed in 1974 as the first integrated steel plant in the Eastern Arabia region. Commercial production commenced in 1978 with the company becoming wholly owned by Industries Qatar in 2003. Business organization ...

. QAFCO was established in 1969 as a joint venture between the government of Qatar,

Norsk Hydro Norsk Hydro ASA (often referred to as just ''Hydro'') is a Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world a ...

, Davy Power and Hambros Bank to produce

ammonia Ammonia is an inorganic compound of nitrogen and hydrogen with the formula . A stable binary hydride, and the simplest pnictogen hydride, ammonia is a colourless gas with a distinct pungent smell. Biologically, it is a common nitrogenous wa ...

and

urea Urea, also known as carbamide, is an organic compound with chemical formula . This amide has two amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest amide of carbamic acid. Urea serves an important ...

in Qatar. QAPCO and QAFAC were founded in 1974 and 1991 respectively. 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 then

listed Listed may refer to: * Listed, Bornholm, a fishing village on the Danish island of Bornholm * Listed (MMM program), a television show on MuchMoreMusic * Endangered species in biology * Listed building, in architecture, designation of a historicall ...

on the Qatar Exchange.

References

External links

* * {{in lang, ar Oil and gas companies of Qatar Conglomerate companies of Qatar Holding companies of Qatar Conglomerate companies established in 2003 Energy companies established in 2003 Holding companies established in 2003 Non-renewable resource companies established in 2003 Companies based in Doha Qatari companies established in 2003 Companies listed on the Qatar Stock Exchange