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Latest
News
 | EQUATE holds seminar for new recruits
16 April 2008
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EQUATE Petrochemical Company held, during April 8-10, a seminar entitled “Induction Training for New Recruits” that included the participation of over 20 new EQUATERS.
Addressing participants, EQUATE President and CEO Hamad Al-Terkait stressed maintaining overall world-class quality in all the company’s operations, procedures and business practices.
Al-Terkait said “Any deviation from overall quality, EQUATE’s world class status will be jeopardized.”
“Because it is a unique form of joint ventures, EQUATE has a distinguished vision which drives our own plans and performance,” noted Al-Terkait.
“There are two core things in EQUATE: safety and people as all work has to be safe and performed by qualified people who are viewed as the company’s owners,” said Al-Terkait.
While outlining the company’s overall history, achievements, structure and future plans, Al-Terakit explained EQUATE Management Team (EMT) vision and values for Environment, Health and Safety (EH&S), people excellence and corporate development, as well as business efficiency and finance.
Other speakers at the seminar included EQUATE Vice President for Operation Nick Vossenberg, Vice President for Technical Services Mahmoud Al-Qattan, Chief Financial Officer (CFO) Abdulkarim Mubarak, Polyethylene Business Director and EQUATE Marketing Company (EMC) President Adel Al-Munifi, Human Resources (HR) Client Focus Leader Abeer Al-Omar, Dr. Sajid Al-Mutairi from EQUATE Medical Center, Organizational Effectiveness Department (OED) Work Process Expert Sultan Al-Majroub, EH&S Department Leader Yousef Al-Gharabally, Human Resources Specialist Bhanu Murty, HR Administrator Khalid Al-Ghareeb, HR Development (HRD) Specialist Mohammad Al-Sharhan, as well as a number of the company’s training coordinators.
The speakers addressed matters relevant to EQUATE’s operations, technical standards, organization, administrative guidelines, HR, organizational effectiveness, EH&S, in addition to a number of other issues.
These orientation programs are a core element of EQUATE’s vision to present new recruits with overall information regarding the company and its strategic plans. While rarely used by major corporations, such events have proven to be quite a successful administrative initiative.
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 | EQUATE sponsors engineering faculty’s job fair
9 April 2008
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EQUATE Petrochemical Company co-sponsored the 11th Job Fair of Kuwait University’s College of Engineering and Petroleum which kicked off under the patronage of Minister of Commerce and Industry who was represented by Commerce and Industry Undersecretary Rasheed Al-Tabtabae.
EQUATE President and CEO Hamad Al-Terkait said the company’s participation in this event stemmed from its firm belief in people as the greatest asset and a crucial factor in boosting and developing Kuwait’s industrial sector through attracting distinguished students to work for EQUATE after graduation.
During last March, EQUATE and the College of Engineering and Petroleum signed a Memorandum of Cooperation to strengthen and boost ties in academic and industrial fields, noted Al-Terkait.
EQUATE Corporate Social Responsibility (CSR) program is based on being a “Valued Neighbor to the communities in which we operate” through positive interaction, launching community-based programs and establishing training programs for graduate students, said Al-Terkait.
In 2007, EQUATE won His Highness the Amir’s Award for the Best Plant in Kuwait, as well as Kuwait’s first Corporate Social Responsibility Award for the Industrial and Energy Sector, said Al-Terkait who added that the company had also won the Gulf’s award for the best private company in terms of hiring nationals who comprised 59 percent of the company’s manpower in 2007.
Considered one of the world’s leading companies in producing polyethylene and ethylene glycol, EQUATE was established in 1995 as a joint venture between Petrochemical Industries Company (PIC) and The Dow Chemical Company with each having a 42.5% share in EQUATE, as well as Boubyan Petrochemicals Company and Qurain Petrochemical Industries Company which have a 9% and 6% stakes respectively in EQUATE.
It commenced production in 1997 and currently provides markets in the Middle East, Asia, Africa and Europe with high quality petrochemical products at competitive rates.
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 | EQUATE inaugurates new building
3 April 2008
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EQUATE Petrochemical Company inaugurated its new Environment, Health and Safety (EH&S) Department building with the attendance of the Director-General of the Public Authority for Industry (PAI) Dr. Ali Al-Mudhaf and EQUATE President and CEO Hamad Al-Terkait.
Other attendees included the Chairman and Managing-Director of Petrochemical Industries Company Maha Mulla Hussain, EQUATE Board of Directors Members, Colonel Khaled Al-Saqobi from Ministry of Interior’s Civil Defense Department, Colonel Sami Al-Duwaikh from Interior Ministry’s Vital Security Departtment, as well as Lieutenant Colonel Musaed Al-Sarheed from the Fire Brigade.
During the new building’s celebration, EQUATE President and CEO Hamad Al-Terkait said this event was aimed at recognizing the support extended to EQUATE by PAI, the Fire Brigade, as well as Ministry of Interior’s Civil Defense Department and Vital Security Department.
He noted that such support and the efforts of EQUATE’s employees had led to achieving the highest standards in EH&S.
Al-Terkait added that the second half of 2008 and the beginning of 2009 will witness an increase in EQUATE’s production capacity through future expansion projects.
He noted that EQUATE has received various awards, such as His Highness the Amir’s Award for the Best Plant in the State of Kuwait and Kuwait Corporate Social Responsibility Award in the Industrial and Energy Sector for the year 2007, hoping more awards were coming in the future.
On his part, EQUATE EH&S Department Leader Yousef Al-Gharabally noted the accumulative efforts of PAI, the Fire brigade and Ministry of Interior’s Civil Defense Department and Vital Security Department in supporting EQUATE.
The event included screening two films covering EQUATE EH&S achievements, procedures and guidelines.
The celebration concluded honoring relevant bodies and presenting commemorative plaques to PAI, representatives of Interior Ministry and the Fire Brigade, as well as Fluor Kuwait and Naser Al-Baddah and Partner Company (NBTC).
Other honorees were EQUATE Central Maintenance Department (CMD) Leader Ahmad Al-Shuwaib, EH&S Senior Industrial Hygiene Expert Ayman El-Husari, Maintenance Facility Team 3 DO-Electrical Kesavan Krishnan and Maintenance Facility Team 3 DO-Electrical Nabeel Al-Kandari.
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