Al Benali: Integration of Gulf industrial sectors part of EQUATE's strategy
Kuwait, March 12, 2011 -- EQUATE Petrochemical Company hosted the Director-General of Saudi Arabia's Saudi Industrial Property Authority (MODON) Dr. Tawfiq Alrabiah and Director-General of Kuwait's Public Authority for Industry Dr. Ali Al-Mudhaf.
During the event, EQUATE VP Technical Services Mohammad Al Benali said, "Overall integration and collaboration between public and private Gulf industrial bodies is an integral part of EQUATE's strategy to ensure the development of the petrochemical sector which plays a significant role in diversifying income sources and supporting sustainability."
Al Benali added, "Along those lines, EQUATE is the single operator of state-of-the-art manufacturing facilities producing 5 millions tons annually of Ethylene, Polyethylene, Ethylene Glycol, Styrene Monomer, Paraxylene and Benzene which are marketed throughout the Middle East, Africa, Asia and Europe."
Al Benali noted, "Due to the continuous support of Kuwaiti leadership and various government entities, especially PAI, EQUATE is a major contributor in national sustainability efforts, especially in the industrial sector. That has qualified EQUATE to earn His Highness the Amir Award for the Best Plant in the State of Kuwait."
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
