- United Development Company (10%)
- Qatar Fertilizer Company (70%)
- Qatar Industrial Manufacturing Company (15%)
- Amwal (5%)
Incorporation date: July 2003
Sector: Industrial Manufacturing
Gulf Formaldehyde Company was incorporated in 2003 with a paid up capital of QR 40 million. It is a joint venture between United Development Company, Qatar Fertilizer Company (QAFCO), Qatar Industrial Manufacturing Company and Amwal. Operations started in 2004 with a plant located at the QAFCO complex in Mesaieed as part of the Qatar Fertilizer Company’s various production plants.
The plant is integrated with the various units and production facilities of QAFCO, which is handling both the operational and administrative aspects of GFC.
GFC produces 82 tons of Urea Formaldehyde (UFC-85) per day, a viscous liquid with 60 percent formaldehyde, 25 percent urea and 15 percent water. Eighty percent of the UFC-85 produced is consumed by QAFCO and is used as an anti-caking agent in the production of urea, a solid fertilizer and one of QAFCO’s primary products. The remainder is exported internationally.
Production at the GFC plant has been progressing steadily, and as a result of QAFCO’s continued expansion in the production of fertilizers, GFC’s 2012 expansion plans include the commissioning of another manufacturing plant of similar capacity to meet increasing demands for the product by QAFCO and exporting the balance.
For more information about Gulf Formaldehyde Company, please visit www.qafco.com.qa