Business

Under the patronage of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, EQUATE Petrochemical Company, Kuwaits first international joint-venture in this industry, sponsored Kuwait Industries Expo 2015, which is organized by Kuwait Industries Union (KIU).

During the expo, His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah visited EQUATEs exhibition stand. Throughout the years, EQUATE has been an active participant in several events and activities launched by KIU, including previous Kuwait Industries Expos.

EQUATE President & CEO Mohammad Husain said, Our partnership with the Kuwaiti industrial sector has truly been a manifestation of our Partners in Success slogan. For example, EQUATEs partnership with local plastic manufacturers has resulted in increasing their production in Kuwait by over 400% since 1998. EQUATE also established a solid base to launch exports of made-in-Kuwait finished plastic products. For that, EQUATE continuously supports the efforts of Kuwaiti plastic manufacturers in supplying the local markets demands with reliability, as well as growing their exports and presence in other countries.

Husain added, The growth and development of Kuwaits industrial sector depends on a number of elements, including cooperation between all relevant government bodies and private entities, establishing integrated industrial areas and complexes, securing state-of-the-art technology, and as well as building the capabilities of qualified human resources as they are the main element to ensure sustainability-based industrial innovation. In conclusion, I would like to take this opportunity to express appreciation and thanks to KIU represented by its Board Chairman Hussain Al-Kharafi for organizing Kuwait Industries Expo and other relevant efforts to develop Kuwaits industrial sector.

Kuwait Industries Expo 2015, held during October 18-20, gathers several Kuwaiti public and private industrial, academic and scientific companies and organizations in various fields.

Established in 1995 as Kuwaits first international joint-venture in this industry, EQUATE Petrochemical Company (EQUATE) embodies its Partners in Success slogan through the partnership between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). Commencing production in 1997, EQUATE is currently the owner and single-operator of several fully integrated world-class petrochemical units, within the Greater EQUATE joint-venture, that annually produce over 5 million tons of the highest quality grades of Ethylene, Polyethylene (PE), Ethylene Glycol (EG), Polypropylene (PP), Styrene Monomer (SM), Paraxylene (PX), Heavy Aromatics (HA) and Benzene (BZ). The products are marketed throughout the Middle East, Asia, Africa and Europe. Alongside with being a leading industrial organization, EQUATE dedicates its utmost commitment and care to overall sustainability wherever it operates in cooperation with public and private bodies, including employees, the society and customers, in all relevant fields, such as human development, environment, education, health and public awareness. www.equate.com.

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