About Yara

2008: Foundation stone paves way for Yara's joint venture Qafco-5

A ceremony attended by royalty and government ministers marked the latest milestone in Yara's joint venture Qafco-5.

Qatar's heir apparent, HH Sheikh Tamim Bin Hamad Al-Thani, laid the foundation stone for the latest Qafco expansion in May 2008. When complete, the project will make Qafco the largest single site producer of urea and ammonia in the world.

The event, which involved Qatar's Deputy Prime Minister and Minister of Energy and Industry, and industrial executives including Yara CEO Thorleif Enger, also marked the launch of the Qatar Melamine Company. This new venture will use urea from Qafco-1, which will be revamped to increase productivity as part of the Qafco-5 expansion.

"This was an important milestone in a very important project,” Enger said. “We are now ready to embark on the construction of the plant and to make Qafco the largest urea and ammonia producer in the world.” Enger noted that “it is also another milestone in the long history of our good relationship with the government of Qatar.”

Upon completion of the Qafco-5 project, Qafco’s total annual production capacity will increase to around 3.8 million tons of ammonia and 4.3 million tons of urea. 

A consortium led by Snamprogetti of Italy and Hyundai of South Korea will carry out the EPC (engineering, procurement and construction) for the Qafco-5 project. The construction work is scheduled to take approximately 40 months, with Qafco-5 expected to go on-stream in 2011.

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