Al Khalij Cement Company, a subsidiary of Qatari Investors Group, signed a three-year agreement with Qatar Petroleum for the supply of oil well cement at the launch of OP’s ‘Tawteen’ initiative event held last month.
The agreement was signed by Qatari Investors’ Group CEO Raja Assili and QP Projects, Engineering & Procurement Services executive vice president Mohamed al-Marri.
The Tawteen is an initiative designed to improve the supply chain of the energy sector. By refocusing the supply chain on products and services made in Qatar, the initiative aims to add at least QR8bn of import substitutes annually and create over 5,000 new white collar jobs.
Al Khalij Cement was awarded the prestigious American Petroleum Institute (API) certification in November 2018, allowing it to produce oil well cement Class “G” at Grade (s) HSR at its Umm Bab factory.
It is the first and only cement producer in Qatar able to deliver this high specification grade of cement. The certification was attained by the company’s production plant following the API’s comprehensive audit.
Qatari Investors Group chairman Abdulla bin Nasser al-Misnad said, “We are delighted to have been selected by Qatar Petroleum for the supply of oil well cement. This represents an endorsement of the high quality standards of our production facility.
“This special type of cement is a true Qatari product as the production process begins with limestone, which is the main ingredient for cement, extracted from Qatari soil. Having fulfilled Qatar Petroleum’s stringent standards, we are confident about turning this home grown success story into an export opportunity.”
Assili added, “The signing of this agreement is significant for Al Khalij Cement Company as a commercial milestone of national importance. For the company’s workforce, it represents the culmination of efforts and dedication to deliver outstanding products to our customers. We are grateful to Qatar Petroleum for placing their trust in Al Khalij Cement Company.”
Al Khalij Cement is listed on the Qatar Stock Exchange and regulated by the Qatar Financial Markets Authority. Qatari Investors Group operates as a holding company with diverse interests in industry, technology, real estate, and marine and logistics.
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