LATEST NEWS
EQUATE announces new CEO
15 Jun 2020KUWAIT, June 15th, 2020 — Effective Sept. 30, 2020, Dr. Ramesh Ramachandran will retire as CEO of the Greater EQUATE Group. He will be replaced by Mr. Naser Aldousari, current Senior VP of EQUATE, whose career has spanned more than 24 years in the global petrochemical industry and includes several senior leadership roles with Petrochemical […]
EQUATE- Kuwait Offices Remains Closed
01 Jun 2020EQUATE supports the Kuwait government in its actions to contain the spread of coronavirus (COVID-19). EQUATE- Kuwait Offices will remain closed until further notice.
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 […]