LATEST NEWS
EQUATE Prides Invention of Employee, Patented Internationally For Protecting Marine Platforms from Corrosion
10 Nov 2019The EQUATE Group today announced its pride for the second invention by an employee to be patented internationally by the U.S. Patent Office. Nabeel Al-Kandari, Electrical Discipline Activity Specialist at EQUATE, invented an anode assembly that creates a cathodic protection to protect offshore steel platforms from corrosion on the long-term. The invention was made possible […]
EQUATE Group Reports Third Quarter Business Results
29 Oct 2019KUWAIT, October 29, 2019 — The EQUATE Group, a global producer of petrochemicals, today announced its Q3 2019 unaudited earnings, reporting $264 million in EBITDA, a 52% decrease from $547 million in Q3 2018, and $811 million in revenue, a 35% decrease from $1,247 million in Q3. Net income after tax stood at $143 million […]
EQUATE Sponsors the Kuwait Oil & Gas Show and Conference 2019
15 Oct 2019Kuwait, October 15, 2019: EQUATE Group, a global producer of petrochemicals and the world’s second largest producer of Ethylene Glycol, today announced its sponsorship of the Kuwait Oil & Gas Show and Conference (KOGS) 2019, supporting the objectives of the conference in a knowledge-sharing platform that gathers leaders and organizations across the oil and gas […]