Takreer Opportunity!!!

Aiming at becoming a leader in the oil refining business, Takreer is now working on expanding its activities in the downstream sector. It is also exerting all possible efforts to face the challenges of the 21st century in a rapidly-changing market.

Besides meeting growing demand for enhanced products and services, the company is playing a positive role in advancing the local economy and boosting the national income. The company's objectives for the new millennium include the task of fulfilling national aspirations for quality assurance and environmental protection. It is also keen on implementing national policies aimed at providing employment opportunities for the national workforce.

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QAFCO was founded in 1969 as a joint venture between the Government of Qatar and a number of foreign shareholders. The country's first large-scale venture in the petrochemical sector, QAFCO was established with a view to diversify the economy and utilize the nation's enormous gas reserve. After successfully implementing several expansion projects over the past three decades, the Company has evolved into a world-class fertiliser producer. QAFCO is now owned 75% by Industries Qatar (IQ) and 25% by Yara Netherland.

With a sizable annual production capacity of 3.8 million MT of ammonia and 5.6 million MT of urea from, QAFCO is now the world's largest single-site producer of ammonia & urea and thereby made Qatar the world's fourth largest urea producer. This enabled Qatar to be a key player in the global fertilizer market and the largest exporter of urea in the world with about 15% share of the world urea supply.

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