Date(s) - 06 July 2011
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Kuwait, July 6, 2011 — EQUATE Petrochemical Company said that in a year it has hired over 100 highly qualified Kuwaitis among 173 employees at different sectors throughout the company.
Addressing new employees during a gathering with senior management, EQUATE President & CEO Hamad Al-Terkait said, “As human resources are the company’s most valuable assets, Kuwaitis are viewed as our main cornerstone for success through their distinguished achievements and exemplary professionalism as major elements of overall sustainability in Kuwait and beyond.”
Al-Terkait added, “Being an employee at EQUATE requires continuous development which is facilitated through various tactics, such as international assignments and training courses.”
Al-Terkait noted, “Kuwaitization has grown from 34% to 55% over our short age which proves our unwavering commitment to national resources. At EQUATE we attract and foster highly competent employees who are continuously developed to contribute to the company’s overall objectives and success, without any regard to race, nationality and other factors.”
Al-Terkait said, “We do have an intensive training and development strategy supported by a sizable budget to foster our human resources for better and greater quality skills to meet overall corporate objectives.”
The event was attended by senior EQUATE management members as part of ongoing interaction between all company employees.
Established in 1995, EQUATE is an international joint venture between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). Commencing production in 1997, EQUATE is the single operator of a fully integrated world-scale manufacturing facility producing over 5 million tons annually of high-quality petrochemical products which are marketed throughout the Middle East, Asia, Africa and Europe.