Thursday 23 October 2014
 
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GCC major player in $3.8 trillion petchem market

More than 10 per cent of the global petrochemical and chemical production worth over $3.8 trillion came from Gulf nations, said a top industry expert. "During 2012, the Gulf’s production capacity of petrochemicals and c

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Equate wins ‘transform award’

Equate Petrochemical Company, Kuwait’s first private sector petrochemical company, has won the Gold Award at the ‘Transform Awards Mena 2014’ for the best internal communication category. ‘Transform Awards Mena&r

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Kuwait Styrene posts $180m net profit

The Kuwait Styrene Company (TKSC) has announced a net profit of $180 million for the fiscal year ending December 31, 2013. As Kuwait’s first and only producer of Styrene Monomer, TKSC was established in 2004 as an internatio

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Equate wins top Middle East CSR award

Equate Petrochemical Company won the ‘Environmental Program of the Year’ award during the annual Oil and Gas Middle East Awards 2013 ceremony, held in Abu Dhabi recently. Mohammad Al Benali, VP technical services, said

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Equate backs process engineering event

Kuwait-based Equate Petrochemical Company has announced its sponsorship of the second Middle East Process Engineering Conference and Exhibition (Mepec 2013), which opens in Bahrain today. More than 3,000 members of the oil, gas an

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Equate wins CSR award

Kuwait-based Equate Petrochemical Company said it has won "the Best Contribution for Corporate Social Responsibility (CSR)" award, at a ceremony held in Dubai. The honour was presented at the Chartered Institute of Purch

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GCC exports over 80pc of petchem production

The Gulf countries export more than 80 per cent of their petrochemical production including ethylene glycol, styrene monomer and paraxylene to overseas markets, said a senior industry expert. “These exports have included ove

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Equate sees Kuwait sales soar to $45m

Equate Petrochemical Company, a major player in the petrochemical sector based in Kuwait, said its annual sales to local Kuwaiti plastic manufacturers for 2012 increased by over 300 per cent thus netting orders worth $45 million.

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Gulf petchem investments to top $250bn

The total investments in the petrochemical sector in the Gulf region will balloon to more than $250 billion by 2015, said an expert while speaking at a major industry event in Dubai. The 4th International Conference for Plastics C

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Kuwait Aromatics names new directors

Kuwait Aromatics Company (Karo), a major joint venture company owning aromatics and styrene facilities in Kuwait, has named Ahmad Al-Jemaz as its new chairman of the board of directors. Karo is a joint venture grouping Petrochemic

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