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Mr Fitterling appointed as CEO for JV of Dow and PIC
22 Jul '08
5 min read
K-Dow Petrochemicals (KDP)
The name K-Dow Petrochemicals (KDP) reflects the combined strengths of the JV partners that together will create a market-leading, global petrochemicals company. Dow's strengths are its recognized brand and franchise related to product and market leadership -- including its number one position in polyethylene, ethyleneamines and ethanolamines -- as well as technology development and operational expertise. The venture will continue to maintain Dow's strong commitment to compliance with environmental, health and safety standards.
K stands for Kuwait and represents both Petrochemical Industries Company (PIC) of Kuwait's feedstock position and commitment to global petrochemicals growth and the position of PIC's parent company Kuwait Petroleum Corporation (KPC) as one of the world's top-ten energy/hydrocarbons companies.
About the Products in the Venture
The venture will manufacture and market polyethylene (PE), ethyleneamines, ethanolamines, polypropylene (PP) and polycarbonate & related licensing and catalyst technologies. PE and PP comprise more than half of world polymer demand. PE is the most widely used of all plastics and can be found in everyday products from food packaging, milk jugs and plastic containers to pipes and liners. PP is a versatile plastic used in fibers, packaging films, non-wovens, durable goods, automotive parts and consumer applications. Polycarbonate is an engineering thermoplastic used in applications such as optical media, electrical and lighting. Amines are a family of chemicals with a broad range of properties, used in various applications from wood treating and pharmaceutical processing, to coatings and consumer products.
About Petrochemical Industries Company
As part of the Kuwait Petroleum Corporation family, PIC is at the heart of the national strategy to maximize the value of Kuwait's hydrocarbon resources, and is focused on increasing its petrochemical contributions. It is focused on strategic growth inside and outside Kuwait through diversification, further use of strategic alliances, as well as pursuing successful joint ventures such as EQUATE, GPIC and MEGlobal. More information is available at www.pic.com.kw.
About Kuwait Petroleum Corporation
Kuwait Petroleum Corporation (KPC) is the state-owned entity responsible for Kuwait's hydrocarbon interests throughout the world. As part of the global energy industry, we help to supply the world with its vital oil and gas needs by exploring for, producing, refining, transporting and marketing these precious natural resources both in our home country & internationally. More information is available at www.kpc.com.kw.
The name K-Dow Petrochemicals (KDP) reflects the combined strengths of the JV partners that together will create a market-leading, global petrochemicals company. Dow's strengths are its recognized brand and franchise related to product and market leadership -- including its number one position in polyethylene, ethyleneamines and ethanolamines -- as well as technology development and operational expertise. The venture will continue to maintain Dow's strong commitment to compliance with environmental, health and safety standards.
K stands for Kuwait and represents both Petrochemical Industries Company (PIC) of Kuwait's feedstock position and commitment to global petrochemicals growth and the position of PIC's parent company Kuwait Petroleum Corporation (KPC) as one of the world's top-ten energy/hydrocarbons companies.
About the Products in the Venture
The venture will manufacture and market polyethylene (PE), ethyleneamines, ethanolamines, polypropylene (PP) and polycarbonate & related licensing and catalyst technologies. PE and PP comprise more than half of world polymer demand. PE is the most widely used of all plastics and can be found in everyday products from food packaging, milk jugs and plastic containers to pipes and liners. PP is a versatile plastic used in fibers, packaging films, non-wovens, durable goods, automotive parts and consumer applications. Polycarbonate is an engineering thermoplastic used in applications such as optical media, electrical and lighting. Amines are a family of chemicals with a broad range of properties, used in various applications from wood treating and pharmaceutical processing, to coatings and consumer products.
About Petrochemical Industries Company
As part of the Kuwait Petroleum Corporation family, PIC is at the heart of the national strategy to maximize the value of Kuwait's hydrocarbon resources, and is focused on increasing its petrochemical contributions. It is focused on strategic growth inside and outside Kuwait through diversification, further use of strategic alliances, as well as pursuing successful joint ventures such as EQUATE, GPIC and MEGlobal. More information is available at www.pic.com.kw.
About Kuwait Petroleum Corporation
Kuwait Petroleum Corporation (KPC) is the state-owned entity responsible for Kuwait's hydrocarbon interests throughout the world. As part of the global energy industry, we help to supply the world with its vital oil and gas needs by exploring for, producing, refining, transporting and marketing these precious natural resources both in our home country & internationally. More information is available at www.kpc.com.kw.
The Dow Chemical Company
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