Industries Qatar - Company Profile
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Industries Qatar (IQ), a subsidiary of Qatar Petroleum, is an industrial group that produces petrochemical, fertilizer, and steel products. Its product offerings include polyolefins, vinyl chloride monomer, caustic soda, low density polyethylene, polyethylene, and chlor-alkali; intermediary and final steel products; and ammonia, urea, melamine, and formaldehyde condensates. IQ markets, distributes, and sells its petrochemicals and fertilizer products through Qatar Chemical and Petrochemical Marketing and Distribution Company Q.J.S.C. The company sells its products in Middle East, South Asia, and the Far East. IQ is headquartered in Doha, Qatar.
Products and Services
Products |
---|
Petrochemicals: |
Ethylene |
Low Density Polyethylene (LDPE) |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Regulatory Approval | In June, the company secured Board of Directors principal approval for the acquisition of 100% shares in Al Qataria. |
2022 | Regulatory Approval | In April, the company's Board of Directors approved the award of an EPC contract for a new Polyvinyl Chloride (PVC) plant by its Qatar Vinyl Company. |
2020 | Acquisitions/Mergers/Takeovers | In August, the company announced Qatar Petroleum’s acquisition of 25% stake in Qatar Fertiliser Company. |
Competitor Comparison
Key Parameters | Industries Qatar | Saudi Basic Industries Corp | Sumitomo Chemical Co Ltd | K+S AG | SABIC Agri-Nutrients Co |
---|---|---|---|---|---|
Headquarters | Qatar | Saudi Arabia | Japan | Germany | Saudi Arabia |
City | Doha | Riyadh | Chuo-Ku | Kassel | Jubail |
State/Province | - | - | Tokyo | Hessen | - |
No. of Employees | 3,764 | 33,000 | 33,572 | 11,393 | 990 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Saad Sherida Al-Kaabi | Managing Director; Chairman | Executive Board | - | - |
Abdulaziz Mohammed Al-Mannai | Vice Chairman | Executive Board | - | - |
Abdulla Ahmad Al-Hussaini | Director | Non Executive Board | - | - |
Ahmed Abdulqader Ahmed Al-Ahmed | Director | Non Executive Board | 2020 | - |
Mohammed Yousef Al-Mulla | Director | Non Executive Board | 2015 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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