Feb 09 2011 |
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Al-Munifi: Sustaining strong partnerships with KPC & Subsidiaries is a priority for EQUATE
Kuwait, February 9, 2011 -- EQUATE Petrochemical Company said sustaining strong partnerships with Kuwait Petroleum Corporation and its Subsidiaries (K-Companies) and investing into core business foundations is a major priority.
During a visit to EQUATE by a number of Kuwait National Petroleum Company ( KNPC ) technical staff, EQUATE Senior Executive for Corporate Communications & Client Affairs Adel Al-Munifi said, "Kuwait's growth in the petrochemical industry relies heavily on the continuous support and cooperation of KNPC and other K-Companies being the feedstock suppliers to EQUATE ."
Al-Munifi noted, "While EQUATE 's products form over 80% of Kuwait's non-oil exports, the petrochemical industry in Kuwait still remains relatively small compared to the Gulf petrochemical industry."
"Hosting the KNPC delegation and other similar industry participants is part of EQUATE 's ongoing strategy and efforts to add value to the petrochemical industry in Kuwait," stressed Al-Munifi
Established in 1995,
EQUATE
is an international joint venture 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 the single operator of a fully integrated world-scale manufacturing facility producing over 5 million tons annually of high-quality petrochemical products which are marketed throughout the Middle East, Asia, Africa and Europe.
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© Press Release 2011
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