Qatar Fertiliser Company (Qafco) signed a new agreement to supply ammonia to OmniaGroup (Pty) of South Africa, the company said.
Under the new agreement, Qafco will supply more than 200,000 tonnes annually of ammonia for five years firm and five years optional.
The agreement was signed at Grand Hyatt Dubai by Qafco CEO, Khalifa Abdulla Al Sowaidi and Adriaan de Lange, director, production and procurement.
The signing ceremony was attended by Yousef Jeham Al Kuwari, marketing manager and Ali Ahmad Al Sanadi, ammonia sales manager from Qafco side and from Omnia, Casper le Roux, general manager-ammonia.
Speaking on the occasion, Al Sowaidi said that the South African market was one of the most important and strategic market for Qafco, and by signing the agreement Qafco has further strengthened its presence in the country.
He further added that Qafco had already made its presence in the South African market through Foskor and Sasol in the last couple of years. With this agreement, Qafco now covers 100% of the South African market.
With regard to Qafco's marketing strategies, Al Sowaidi said that Qafco's marketing strategies are based on its ongoing expansion projects like Qafco 5 & 6, which will hike the Qafco's ammonia production to 3.8 million MT and urea production to 5.6 million MT annually to make it the largest single site producer of ammonia and urea. These expansions and future plans are the impetus to expand the company's market reach, he said.