Date(s) - 11 June 2011
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Kuwait – June 11 – 2011 — EQUATE Petrochemical Company emerged as the winner of Arabian Business Best CSR Company Award 2011 in Kuwait.
On This occasion, EQUATE President & CEO Hamad Al-Terkait said, “Being more than a petrochemical producer, EQUATE pays great attention to overall sustainability within and outside Kuwait in all relevant fields, especially educational, medical and environmental matters.”
Al-Terkait added, “Since establishing EQUATE CSR Program in 2005, EQUATE has launched several world class initiatives, such as the Middle East’s first plant water recycle project, Kuwait’s first CO2 recovery project and Kuwait’s first seawater cooling towers.”
Al-Terkait explained, “In addition, EQUATE has established solid partnerships with several bodies within and outside Kuwait which has resulted in various CSR initiatives, including health awareness campaigns, accords with scientific organizations, relief efforts and other relevant matters.”
“EQUATE is the first Kuwaiti company to receive Responsible Care certification and accreditation which is living proof of our commitment to ensure the wellbeing of all our surroundings” noted Al-Terkait.
In recognition of its sustainability achievements, EQUATE has earned several prestigious honors, including His Highness the Amir Award for the Best Plant in Kuwait; the Oil and Gas Middle East Magazine’s CSR Award; the Gold Award in Health, Safety and Environment (HSE) for Gulf private sector companies; the Award for Best Gulf Company in Recruiting Nationals; as well as Kuwait’s CSR Award in the Industrial and Oil Sector. In addition, EQUATE has received the Highly Commended Best Community Program Award during the First Middle East CSR Award Summit.
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.