EQUATE Group Clinches His Highness the Amir’s Award for Distinguished Factories.

Kuwait, March 4, 2024 – EQUATE Group proudly announces its remarkable achievement of winning first place in the prestigious His Highness the Amir’s Award for Distinguished Factories. This accolade was secured in the sixth session, specifically in the first category, dedicated to large industrial facilities.

Naser Aldousari, President and CEO of EQUATE Group, expressed his appreciation and highlighted the significance of this award, stating: “This recognition is a demonstration of the government’s initiatives aimed at elevating the industrial sector and fostering economic growth in alignment with the country’s overarching development vision.

“This award plays a key role in promoting excellence in institutional performance, creating a culture of healthy competition among establishments, and driving adoption of the latest administrative and technical advancements.”

Aldousari added, “The award also serves as a catalyst for industrial establishments to assess and enhance their performance by benchmarking against global best practices. The core values and objectives of the award closely mirror those of EQUATE Group, which are rooted in driving continuous improvement and striving for operational excellence.”

This achievement marks a significant milestone for EQUATE Group and reinforces its position as a leader in the industrial sector. The company looks forward to building on this success and continuing to drive innovation, sustainability, and growth within the industry.



The EQUATE Group is a global producer of petrochemicals and the world’s leading supplier of ethylene glycol (EG). The EQUATE Group owns and operates industrial complexes in Kuwait, North America and Europe that annually produce over 6 million tons of ethylene glycol (EG), polyethylene (PE), polyethylene terephthalate (PET), styrene monomer (SM), paraxylene (PX), heavy aromatics (HA) and benzene (BZ). The EQUATE Group includes EQUATE Petrochemical Company (EQUATE), The Kuwait Olefins Company (TKOC), as well as a number of subsidiaries such as MEGlobal and Equipolymers. Their products are marketed throughout Asia, the Americas, Europe, the Middle East and Africa. The EQUATE Group’s shareholders are Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Kuwait Projects Company – KIPCO. Employing more than 1,500 people worldwide, the EQUATE Group is a leading enterprise that pursues sustainability wherever it operates through partnerships in fields that include the environment, economy and society. Visit www.equate.com