LATEST NEWS
EQUATE Announces Financial Results for the Second Quarter 2019
30 Jul 2019Kuwait, July 30, 2019 — The EQUATE Group, a global producer of petrochemicals, today announced its Q2 2019 unaudited earnings, reporting $231 million in EBITDA, a 59% decrease from $570 million in Q2 2018, and $822 million in revenue, a 35% decrease from $1,264 million in Q2 2018. Net income after tax stood at $126 […]
EQUATE Petrochemical Company joins Alliance to End Plastic Waste
24 Jul 2019Kuwait, July 24, 2019 – The EQUATE Petrochemical Company became part of the Alliance to End Plastic Waste (AEPW) on July 10, 2019, joining 11 other new members with a shared vision of developing and bringing to scale solutions to help eliminate plastic waste in the environment. Dr. Ramesh Ramachandran, EQUATE Group President and CEO, […]
EQUATE Speaks of Plastic Recycling and Innovations at UN High-Level Political Forum On Sustainable Development
02 Jul 2019Kuwait, July 22 2019 – The EQUATE Group, a global producer of petrochemicals, participated in the Voluntary National Review (VNR) of the State of Kuwait held during the United Nations’ High-Level Political Forum On Sustainable Development in New York, showcasing the Company’s investments and initiatives in supporting sustainable development. Commenting on the Company’s participation in […]