CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qafco-6 project to be launched next Tuesday

Published: 05 Dec 2012 - 08:34 am | Last Updated: 05 Feb 2022 - 10:44 am

Doha: Qatar Fertilizers Company  (Qafco) has announced that it will launch next Tuesday the QR2.2m Qafco-6 expansion project in Mesaieed Industrial City.

Qafco Board Chairman Abdul Aziz bin Ahmed Al Malki said in remarks contained in a press release issued by the company today that  Qafco 6 which is the sixth plant  for the production of urea at Qafco took 35 months to  build by a  consortium of Italian Sabiam and  South Korean Hyundai companies.   

He added that Qafco 6 will play a significant role in pushing forward the economic development in the State of Qatar, stressing that the new project comes in the context of the national income diversification for benefiting from the country’s huge natural gas reserves and as part of Qafco’s ambitious plan of development and modernisation.

It is worth mentioning  that the initiative idea of Qafco-6 project was based on Qafco’s successful business experience in the course of the last four decades, and the encouraging national vast reserve of natural gas. Having these potentials, Qafco has taken upon itself the task of drawing up an ambitious future vision to ensure further development of the company. In this context the idea of initiating Qafco-6 project, has come up.

QNA