Kuwait, December 04, 2019: EQUATE Group, a global producer of petrochemicals and the world’s second largest producer of Ethylene Glycol, continues to sponsor the Annual Forum of the Gulf Petrochemicals and Chemicals Association (GPCA) in its 14th year, supporting discussions in this year’s edition on strategies that chemical companies should adopt to navigate through new market complexities and maintain profitability and commitment to stakeholders.
The Forum takes place in Dubai from December 3 to 5, gathering more than 2,100 international chemical executives under the theme of ‘Winning through strategic partnerships’.
Speaking of EQUATE’s participation, Senior Vice President, Naser Al-Dousari, said: “Today’s dynamics are a challenge to our markets. Capturing the opportunities and mitigating the risks is key for companies operating in global markets. GPCA has created forums aimed at enabling strategies focused on sustainable growth, efficiency, productivity and safety, as well as meeting the growing demand for petrochemical products.”
“At EQUATE, we are working towards a sustainable position that enables us to deliver to our stakeholders. We have recently inaugurated the new MEGlobal Oyster Creek site in Texas, USA, which meets the most advanced standards of operations and quality products to support growing demand for ethylene glycol while maintaining efficiency.”
A founding member of GPCA, EQUATE has supported GPCA since 2006 to create a platform for both global and regional producers to discuss and debate key challenges and opportunities, make new business connections and renew existing relationships from the Middle East and beyond.
The Company is also sponsoring a group of students from the College of Engineering and Petroleum at Kuwait University to enable them to take part of GPCA’s special program ‘Leaders of Tomorrow’. The program provides a platform for students to engage in science, technology, engineering and mathematics (STEM) subjects, and to learn and connect with leading industry experts at GPCA’s networking events.
The sponsorship comes as part of EQUATE’s investments in inspiring and empowering the younger generations to join the industry and support its development. EQUATE has an ongoing Memorandum of Understanding with Kuwait University to partner and collaborate in industrial and academic fields.
ABOUT THE EQUATE GROUP
The EQUATE Group is a global producer of petrochemicals and the world’s second largest producer 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, 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 Qurain Petrochemical Industries Company (QPIC). 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 .