This agreement highlights QatarEnergy’s strategy in establishing longstanding relationships with reliable leaders of the fertilizer industry and its commitment to supporting the global agricultural sector.
Qatar is the world’s second-largest exporter of urea, with QatarEnergy’s affiliate, Qatar Fertilizer Company (Qafco) being the world’s largest integrated single-site producer of urea and ammonia.
Saad bin Sherida al-Kaabi, Qatar Minister of State for Energy Affairs and the President and CEO of QatarEnergy, said that, “We are delighted to announce the signing of this long-term sales agreement with one of our valued partners, solidifying our longstanding relationship with Koch Fertilizer. This agreement marks a significant step in advancing synergy and cooperation and fostering mutual growth and value for both sides.”
On his part, Mark Luetters, senior vice-president of Koch Industries and president of Koch Fertilizer, stated that, “QatarEnergy has been a cherished partner of Koch Fertilizer for more than a decade and we are thrilled to cement our mutually beneficial relationship for years to come. The agreement aligns with Koch Fertilizer’s long-term vision and presents an exciting opportunity to better serve our customers.”
Koch Fertiliser is a subsidiary of Koch Industries with fertilizer plants in North America, Trinidad and Tobago, and Morocco; with distribution facilities and terminals located in the US, Canada, Mexico, Brazil, Australia, and other international markets.
