This is EQUATE
Partners in Success
Established in 1995 as Kuwait’s first international joint-venture in this industry, EQUATE Petrochemical Company (EQUATE) embodies its “Partners in Success” slogan through the partnership between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC).
EQUATE embodies a successful partnership by setting a leading example for best business practices and pioneering international achievements, as well as benefitting from the advantages of combining innovation and industrial expertise with competent human resources, technological breakthroughs, rich feedstock, and valuable infrastructure.
Commencing production in 1997, EQUATE is currently the owner and single-operator of several fully integrated world-class petrochemical units, within the Greater EQUATE joint-venture, that annually produce over 5 million tons of the highest quality grades of Ethylene, Polyethylene (PE), Ethylene Glycol (EG), Polypropylene (PP), Styrene Monomer (SM), Paraxylene (PX), Heavy Aromatics (HA) and Benzene (BZ). The products are marketed throughout the Middle East, Asia, Africa and Europe.
Greater EQUATE includes EQUATE, The Kuwait Styrene Company (TKSC), Kuwait Paraxylene Production Company (KPPC) and The Kuwait Olefins Company (TKOC) under one fully integrated operational umbrella at Kuwait’s Shuaiba Industrial Area.
EQUATE is ideally positioned to meet increasing intercontinental demand for the highest quality and competitively priced petrochemicals. Its professional customer service organization utilizes comprehensive integrated systems, enabling clients to experience a smooth and seamless ordering process.
EQUATE produces a wide range of PE from linear low-density (LLDPE) to high molecular weight high-density (HDPE), which are marketed by EQUATE Marketing Company (EMC), a partnership between PIC and Dow. In addition, EMC handles the sales of SM from Greater EQUATE facilities. EQUATE also manufactures premium quality Monoethylene Glycol (MEG) and Diethylene Glycol (DEG) that are marketed by MEGlobal, which is another joint venture between PIC and Dow. Furthermore, EQUATE is the single operator of facilities producing PP, HA and PX which are marketed by PIC, while BZ is used in manufacturing SM.
EQUATE’s marketing strategy revolves around its distinguished customer service, reflecting a back-to-back product value chain. The marketing strategy’s approach is to manifest a “create, share, and sustain value” philosophy with all customers. Strategically positioned offices in the Middle East and Asia enable customers to receive all the necessary information and support they need for purchased products.
Environmental & Safety Excellence
EQUATE is Kuwait’s first Responsible Care (RC) accredited and certified organization, which reflects its belief that safety and the environment are main priorities. EQUATE, by all standards, operates one of the safest manufacturing complexes in the world.
The first of their kind in Kuwait seawater-cooling towers were established by EQUATE to protect the marine life and water recycling on-site. In addition, EQUATE has launched many major initiatives, such as the Middle East’s first plant water recycle project and Kuwait’s first CO2 recovery project, as well as Energy Conservation and EQUATE Green programs.
In accordance with the requirements of RC, as well as ISO 9001 and ISO 14001, EQUATE upholds the highest standards of environmental, health, and safety practices in its operations. Safety for employees, suppliers, customers, and the community always comes first.
Alongside with being a leading industrial organization, EQUATE dedicates its utmost commitment and care to overall sustainability wherever it operates. In cooperation with public and private bodies, including employees, the society and customers, EQUATE continues launching initiatives in all relevant fields, such as human development, environment, education, health and public awareness. Such a focus on sustainability has made EQUATE an inspiring role model within and outside Kuwait.
EQUATE is also making a significant economic contribution to the Kuwaiti economy and the global petrochemical industry. Ethylene-based products from EQUATE now account for over 60% of Kuwait’s export value from non-oil sources. By contributing over 1 Billion USD annually in several fields, EQUATE also plays a positive role in local and global business sectors.
In recognition of its sustainability milestones, EQUATE has earned several prestigious national and international honors for industrial distinction; sustainability achievements; corporate leadership; Environment, Health & Safety (EH&S) excellence; Corporate Social Responsibility (CSR) initiatives; world-class partnerships; strategies for developing national human resources; and other relevant awards.
Philosophy of Success
Success alone has never been EQUATE’s only objective. Partnership and Teamwork are main pillars. Ensuring the overall sustainability of its workforce, shareholder, customers, suppliers, and surrounding communities is a main element of EQUATE’s identity aspiring to provide a promising future for itself and all stakeholders. To meet such an end, EQUATE will continue implementing its Mission, Vision, and Values as cornerstones for the winning combination for sustainability through innovation, business growth, social responsibility, ethical conduct and overall excellence.