EQUATE Petrochemical Company
HQ address
P.O. Box 4733,
Safat 13048,
Kuwait
Tel: +9651 898 888
www.equate.com
Key contact name:
Ali Al-Hamad
alhamaay@equate.com
Number of subsidiaries affiliates
1
Annual turnover for 2016
US$679 million (net profit)
Employee numbers
Total employed: over 1,500
Key production facilities location
Kuwait (existing)
Canada (existing)
US (under construction)
Brief company profile
The EQUATE Group* is a global producer of petrochemicals and the world’s second largest producer of Ethylene Glycol (EG).
The Group has industrial complexes in Kuwait, North America and Europe that annually produce over 5 million tons of Ethylene, EG, Polyethylene (PE) and Polyethylene Terephthalate (PET). The products are marketed throughout Asia, the Americas, Europe, the Middle East and Africa.
The EQUATE Group’s shareholders include Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC).
The Group is a leading enterprise that pursues sustainability wherever it operates through partnerships in fields that include the environment, economy and society. www.equate.com
* The EQUATE Group includes EQUATE Petrochemical Company (EQUATE), its subsidiaries and The Kuwait Olefins Company (TKOC).
Main products manufactured
- Polyethylene (PE)
- Ethylene glycol (EG)