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EQUATE emerges as winner for first CSR Award
Jan '08
EQUATE Petrochemical Company emerged the winner for the first CSR Award in Kuwait in the category of Industrial and Energy sector. The Company's President and Chief Executive Officer, Hamad Al Terkait received the award from Mr. Jassem Al-Khorafi the speaker of the National Assembly of Kuwait at a CSR Award assembly held on Tuesday, 22nd January 2007.

According to the CSR Award Committee, EQUATE was selected for award by a jury which comprised of specialized academic committee including experts in the field of public relations and social responsibility.

Upon receipt of award, Al Terkait stated that “EQUATE is very well recognized as a leading company in the field of corporate social responsibility through its ambitious corporate social responsibility programs. It contributes approximately $10 million to our society every year to promote various social and community activities and causes”, he said.

EQUATE was recently conferred with the prize and award of His Highness, the Amir of Kuwait for The Best Plant in the State of Kuwait. Previously, EQUATE also has won the prize of the Best Private Company with the highest Kuwaitization percentage. Hamad expressed his happiness and dedicated these honors to his employees who have taken the Company to such a great height.

“Most of our CSR activities are conducted with active participation of our employees. EQUATE also is collaborating with government, public and volunteer organizations for implementing its CSR programs”, he explained.

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