Annual economic contribution across various business sectors
Net Profit in 2018
1,500 employees from over 25 countries
MT per annum. PE Production Capacity
The world’s second largest producer of EG.
The world’s first petrochemical company with a joint venture model that combines government-owned, international investor and privately-owned companies.
Kuwait’s first international petrochemical joint-venture (JV).
Kuwait’s first manufacturer of ethylene, EG and PE
The first Middle East-based company to benefit from US-based shale gas sources.
In August of 2016, EQUATE Group became the first Kuwait-based petrochemical corporation to establish an industrial investment in the USA through constructing an EG plant on the US Gulf Coast in Freeport, Texas. The date of completion is set to be during 2019.
In 2016, the Group became the first Kuwait-based organization to issue 144A bonds tradable in international stock exchanges.
Contributes to more than 60% of Kuwait’s export value from non-oil sources
Supports the growth of Kuwait’s plastics industry with over 450% increase since 1998
Launched the Middle East’s first Plant Water Recycle Project
Established Kuwait’s first CO2 Recovery Projects
Kuwait’s first company to implement Six Sigma principles
Kuwait’s first organization to apply Highly Reliable Organization (HRO) standards
Kuwait’s first Responsible Care® (RC) accredited and certified organization
Founding member of the Gulf Petrochemicals and Chemicals Association (GPCA)
Strong investment grade credit rating profile: Moody’s: Baa2 and Standard & Poor’s: BBB+