Home / Knowledge / News / Textiles / 'Kuwait is Gulf's fourth largest petrochemical producer'
'Kuwait is Gulf's fourth largest petrochemical producer'
27
Aug '13
In terms of petrochemical production capacities, Kuwait ranks fourth among the Gulf countries, Mohammad Husain, president and CEO of EQUATE Petrochemical Company, has said.
 
“In terms of petrochemical production capacities in the Gulf, Kuwait has the fourth rank with six percent, while Saudi Arabia claims the lion’s share with 68%, followed by Qatar and Oman respectively,” Mr. Husain said at a seminar organized by the American Institute of Chemical Engineers Kuwait University Student Chapter (AIChE) at Kuwait University.
 
“During 2012, Gulf nations accounted for 13 percent of the global petrochemical production,” Mr. Husain said, according to a statement.
 
Success means not only executing set plans and earning profits, but it also means integration between all relevant elements to achieve sustainability, he said.
 
It is a result of sustainability with the participation of qualified human resources who represent the main cornerstone for any organization, who should also have the ability for further development, tackling different challenges and dealing with all stakeholders by embodying the tagline of ‘Partners in Success’, he added.
 
Talking about EQUATE, Mr. Husain said being the first international petrochemical joint-venture in Kuwait and the entire Gulf, did not mean superiority or instantaneous success.
 
Instead, EQUATE has realized several international achievements through its distinguished human resources, especially Kuwaiti nationals, Mr. Husain affirmed.
 
Established in 1995, EQUATE is the single operator of a fully integrated world-scale manufacturing facility with an annual capacity to produce over 5 million tons of petrochemical products, which are marketed throughout the Middle East, Asia, Africa and Europe.
 
AIChE is the world's leading organization for chemical engineering professionals, with over 45,000 members from over 90 countries.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search