Industries Qatar takes full ownership of QAFCO in $1bn deal with QP
Industries Qatar has taken full ownership of Qatar Fertiliser Company (QAFCO), a fertilizer producer, by acquiring the remaining 25% from its joint venture partner Qatar Petroleum (QP) for $1 billion. Established in 1969, QAFCO produces 5.7 to 5.8 million metric tons per year of urea and around 3.8 million metric tons ammonia. Currently, the fertilizer […]