LATEST NEWS
EQUATE Announces Financial Results For First Quarter 2020
04 May 2020Kuwait, May 4, 2020 — The EQUATE Group, a global producer of petrochemicals and the second largest producer of Ethylene Glycol in the world, today announced its Q1 2020 unaudited earnings, reporting $250 million in EBITDA – a 15% decrease from $294 million in Q1 2019, and $729 million in revenue, an 18% decrease from […]
EQUATE Group Reports Fourth Quarter Results for 2019
03 Apr 2020KUWAIT, April 2, 2020 — The EQUATE Group, a global producer of petrochemicals and the second largest producer of Ethylene Glycol in the world announced its Q4 2019 and full-year this week. EQUATE reported $335 million in EBITDA, a 22% decrease from $427 million in Q4 2018, and $825 million in revenue, a 22% decrease from $1,069 […]
EQUATE- Kuwait Offices Closure
31 Mar 2020EQUATE supports the Kuwait government in its actions to contain the spread of coronavirus (COVID-19). EQUATE- Kuwait Offices will remain to be closed until April 23rd, 2020.