Doha — Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat) has assumed exclusive responsibility for the marketing, sales, and distribution activities of Qatar Fertiliser Co. (Qafco), completing the second phase of a comprehensive marketing consolidation of Qatar’s chemical and petrochemical industry. Qafco has transitioned to Muntajat, created in December 2012, for the marketing of urea, ammonia, melamine, and urea formaldehyde condensate (UFC-85) produced by Qafco, Qatar Melamine Co. (QMC), and Gulf Formaldehyde Co. (GFC). Qafco became the world’s fourth largest urea producer in December 2012, when its QAR 2.2-billion QAFCO-6 plant came online and boosted the company’s annual production to 5.6 million mt. Yara International ASA owns 25 percent of Qafco, and to date has marketed 50 percent of its product, with Qafco marketing the other 50 percent. Sources tell Green Markets the only change is that now Yara will take 50 percent via Muntajat, the new marketing arm, and not Qafco. Yara/Qafco product coming to the U.S. is not expected to be impacted. The migration of marketing, sales, and distribution activities for Qafco’s entire product range to Muntajat was completed on March 1. Muntajat plans to complete the proposed consolidation of all nine operating entities by mid-2013, resulting in a single focal point for the marketing and distribution of the country’s chemical and petrochemical products.
Transparency Across the Fertilizer Value-Chain