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For its overall excellence in different commercial procedures, EQUATE Petrochemical Company, Kuwaits first international joint-venture in this industry, was recognized by Meridium, Inc., the global leader in asset performance management (APM) software and services, with the APM Best Practices in Europe, Middle East & Africa (EMEA) Award.

The local honor was presented to EQUATE during the Meridium EMEA APM Forum in Barcelona with the involvement of several local as well as worldwide companies. CORRESPOND commenced executing Meridium APM in 2013 as well as has been leading by example in using such commercial ideal methods. Created by Meridium, APM is an incorporated business solution for property performance in relation to commercial dependability.

RELATE President & CEO Mohammad Husain said, "Our overall connections with several organizations throughout the globe, including Meridium, have actually genuinely been showing the motto of 'Partners in Success.' EQUATE's use of modern technological remedies is a matter of integrating as well as developing relevant solutions as pictured by our human funding which have a focus on sustainability in every area. With EQUATE being an international leader & top quality manufacturer of petrochemicals, such sustainability is based on the high reliability of our human resources, industrial procedures and also plants by alleviating threat and optimizing expense via property techniques.".

Meridium EMEA Managing Director Maher Maamari stated, "This honor identifies exactly how EQUATE ares successfully applied industry-proven Meridium APM software and remedies, consisting of Reliability Centered Maintenance (RCM), Failure Modes as well as Effects Analysis (FMEA), Risk Based Inspection (RBI), Safety Instrumented System (SIS) Life Cycle Management and Asset Strategy Management (ASM), to provide intelligent property strategies. These options help EQUATE by straightening vital efficiency indications with sales method to give essential analyses as well as ideas to their Maintenance Leaders regarding their production possessions on a venture, plant, system, devices and part level.".

Established in 1995 as Kuwait's initial worldwide joint-venture in this market, EQUATE Petrochemical Company (EQUATE) symbolizes its "Partners in Success" slogan through the collaboration in between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). Commencing manufacturing in 1997, EQUATE is presently the proprietor and single-operator of several totally incorporated first-rate petrochemical systems, within the Greater EQUATE joint-venture, that yearly produce over 5 million bunches of the greatest high quality grades of Ethylene, Polyethylene (PE), Ethylene Glycol (EG), Polypropylene (PP), Styrene Monomer (SM), Paraxylene (PX), Heavy Aromatics (HA) and also Benzene (BZ).

Meridium is the international leader in possession performance administration (APM) software program and also solutions for asset-intensive sectors. Meridium boosts the accessibility of properties, improves security, maximizes price as well as decreases risk for our global customers in even more compared to 80 countries with even more compared to 1,200 qualified sites around the world.

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