Industries Qatar

Industries Qatar (IQ) is a holding company with interests in the petrochemicals, basic metals, fertilizers, steel, and fuel additives industries.

IQ manufactures and distributes steel products through Qatar Steel and manufactures petrochemicals through three of its subsidiaries: Qatar Fuel Additives Company (QAFAC)Qatar Fuel Additives Company (QAFAC), the Qatar Petrochemical Company (QAPCO)Qatar Petrochemical Company (QAPCO) and through the Qatar Fertilizer Company (QAFCO)Qatar Fertilizer Company (QAFCO), which also produces agricultural chemicals and fertilizers. The Fereej Real Estate Company operates IQ’s property investment, development and management activities.

The publicly listed IQ derived its total 2009 revenues as such: 41.29% was earned from Qatar Steel, 25.68% from QAFCOQAFCO, 22.41% from QAPCOQAPCO, 10.59% from QAFACQAFAC and 0.03% from FEREEJ. Total annual revenues decreased by 34.50% to QAR9.5 billion (USD2.6 billion); profits decreased by 32.98% to QAR4.8 billion (USD1.3 billion).