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Qatari companies suspend operations at their plants

These are Mesaieed Petrochemical, Qatar Aluminum, Gulf International Services and Industries Qatar

Снимка: ЕРА/БГНЕС

Mesaieed Petrochemical, a petrochemical holding company, has notified the stock exchange that its companies will stop production of certain products. Qatar Aluminum, which holds a 50% stake in the joint venture Qatalum, made a similar announcement. Qatalum's management is planning an "organized shutdown" of aluminum production.

Gulf International Services also announced the suspension of certain operations and services related to the energy sector. Industries Qatar, a large industrial conglomerate with investments in the petrochemical, fertilizer and steel industries, announced that its subsidiaries will begin to reduce and stop production of certain products.