Middle East Economic Survey

VOL. XLVII

No 35

30-August-2004

QATAR

QAFCO Posts Record Production/Sales/Profit Figures In 2003

Qatar Fertilizer Company (QAFCO) posted record production and sales figures in 2003, according to the firms chairman, Abd Allah Salatt, in a statement introducing the 2003 Annual Report. QAFCO, he continued, again achieved its highest exports ever of urea and ammonia. This rise in exports coincided with buoyant product prices, which reached their peak levels since 1996. This...