Tag Archives: EQUATE

EQUATE earns Kuwait’s 1st LEED Silver certification

New company headquarters recognized for its design and construction KUWAIT CITY, May 20: EQUATE’s new headquarters, a refl ection of the company’s efforts to implement its sustainability strategy by 2025, recently earned Kuwait’s first LEED-Silver Building Design & Construction (BD+C) certification for its compliance with the US Green Building Council …

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EQUATE Q1 net profit rises 41% to $435mn

EBITDA up 22% to $577mn uateKUWAIT CITY, May 9: The EQUATE Group, a global petrochemical producer, today reported its Q1, 2018 financial results (unaudited), with EBITDA of $577 million, up by 22 percent from Q1, 2017, net profit of $435 million, up 41 percent from Q1, 2017 and NIAT of …

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EQUATE participates in Annual Career Fair at Kuwait University

KUWAIT CITY, April 4: In its endeavor to attract the best human capital for the continued growth of the industry and economy, EQUATE Petrochemical Company, a global producer of petrochemicals, continues supporting the professional development of students by participating in the 18th Annual Career Fair at Kuwait’s University’s (KU) College …

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EQUATE posts $1.13b net profit, up 66% y/y – EBITDA up 47% to $1.73bn in 2017

KUWAIT CITY, Feb 5: EQUATE Group, a global petrochemical producer, reported its 2017 financial results. The Group reported an EBITDA of $1.73 billion, up 47 percent from last year, and a net profit of $1.13 billion for 2017, up by 66 percent from the previous year. The EQUATE Group combines …

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EQUATE highlights Gulf’s role as vital contributor to global petchem industry – ‘Petrochemical producers contribute over 142 mln tons annually’: CEO

DUBAI, Nov 28: EQUATE Group, a global producer of petrochemicals, sponsored the 12th annual Gulf Petrochemicals & Chemicals Association (GPCA) Forum to support the pioneering role of the Arabian Gulf’s industrial sector. The forum includes the participation of industrial leaders and professionals from across the globe. EQUATE’s President & CEO, …

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EQUATE celebrates 20th anniversary and inaugurates its new HQ – New headquarters qualifies to be certified in LEED program

KUWAIT CITY, Nov 13: Continuing its achievement-filled “Journey of Success”, the EQUATE Group, a global producer of petrochemicals, hosted a ceremony to celebrate its 20-year anniversary and the official inauguration of its new headquarters, which is located in Ahmadi, Kuwait. With the attendance of several dignitaries, the celebration was held …

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Dow has the right to choose the new president of EQUATE – ‘Our MPs should refrain from interfering’

It is shocking to read in our daily newspapers about the noise people in Kuwait are making concerning the next president of EQUATE, which is a joint venture of Petrochemical Industries Company (PIC) and Dow Chemical. It is an internal matter of the private company, so why are our MPs …

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EQUATE continues global sustainability initiatives by planting 300 trees in China – Move to preserve environment

KUWAIT CITY, June 19: EQUATE Petrochemical Company, a global producer of petrochemicals, continued its global sustainability initiatives by planting trees in China as part of ongoing efforts to preserve the environment and giving back to the society in partnership with one of its leading Chinese customers. Representing the Ambassador of …

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EQUATE receives recognition from UN, Kuwait’s SCPD – Company honored for supporting Public Authority for Manpower

KUWAIT CITY, May 16: EQUATE Petrochemical Company, a global producer of petrochemicals, was recognized by the United Nations (UN) and Kuwait’s Secretariat General of the Supreme Council for Planning & Development (SCPD) in appreciation of the company’s support for the Public Authority for Manpower (PAM). EQUATE played a critical role …

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EQUATE supports GPCA Supply Chain Conference – Focus on innovation and efficiency in changing global needs

KUWAIT CITY, May 11: EQUATE Petrochemical Company, a global producer of petrochemicals, sponsored the Gulf Petrochemicals & Chemicals Association (GPCA) Supply Chain Conference for the ninth year in-a-row as part of the company’s commitment to create a platform of knowledge exchange with manufacturing bodies, service providers, academic institutions and other …

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