About IQ
About Industries Qatar Q.P.S.C
Industries Qatar Q.P.S.C. was incorporated as a Qatari joint stock company on April 19, 2003. The registered office is located at P.O. Box 3212, Doha, State of Qatar. Through the group companies, IQ operates in 3 distinct segments: petrochemicals, fertiliser and steel.
The IQ group currently consists of 4 major companies. When first established in 2003, the group did not have any major ownership interests in any other subsidiaries and joint ventures other than the four direct investments. Now, many of these companies have themselves invested in subsidiaries and joint ventures thereby significantly expanding the size of the group.
With effect from November 4, 2012 a wholly owned company of the government of the State of Qatar, Qatar Chemical and Petrochemical Marketing and Distribution Company Q.J.S.C. (trading as “Muntajat”), assumed the exclusive rights to purchase, market, distribute and sell the State of Qatar’s production of chemical and petrochemical regulated products to the global market. Accordingly, Industries Qatar’s activities related to the marketing, distribution and selling of all of the group’s products, with the exception of the group’s steel products, were migrated to Muntajat.
Head Office Functions & Management Structure
QatarEnergy, the largest shareholder, provides all of the head office functions for IQ through a comprehensive services agreement. The operations of the subsidiary and joint ventures remain independently managed by their respective Boards of Directors and senior management teams.