Qatar Fuel Additives Company Limited

Find out more about QAFAC in relation to:

1. Shareholders
2. Products
3. Environment and Safety
4. Marketing
5. Qatarization

Industries Qatar (IQ) is a limited liability company registered and incorporated in the State of Qatar as a Qatari Shareholding Company (Q.S.C.). IQ was formed with Qatar Petroleum (QP) as its sole funding shareholder. During 2003, QP transferred its entire shareholding in QAFAC to IQ. QP is a state-owned corporation responsible for developing and distributing the country's oil and gas reservoirs and promoting downstream industries in the State.

OPIC Middle East Corporation (OMEC) is a wholly-owned subsidiary of Overseas Petroleum and Investment Corporation, which in turn is beneficially owned by Chinese Petroleum Corporation (CPC) of Taiwan. CPC is the state-owned supplier of oil and refined petroleum products in the Taiwanese market and is involved in the areas of exploration, refining, storage and distribution of oil and natural gas, as well as the manufacture of petrochemical raw materials. CPC is Taiwan's largest manufacturing enterprise.

International Octane Limited (IOL) is part of the DUTCO Group of Companies who have interests in civil engineering, manufacturing, hotels, real estate and other fields both in the UAE and globally. IOL was established to develope business opportunities in the rapidly growing MTBE and Methanol markets worldwide.

LCY Investments Corp. (LCY) is the 100% owned subsidiary of the Lee Chang Yung Group of Taiwan, one of the major suppliers of petrochemical products including Methanol, Formaldehyde, Ethyl Acetate, Isopropyl Alcohol and Acetone. During the last decade, LCY diversified into production of high-value-added products such as synthetic rubber, copper foil and electronic grade fine chemicals to serve global markets.