EQUATE celebrates 20th anniversary, new HQ inauguration
KUWAIT: EQUATE Group, a global producer of petrochemicals, hosted a ceremony to celebrate its 20-year anniversary and the official inauguration of its new headquarters, which is located in Ahmadi, Kuwait.
With the attendance of several dignitaries, the celebration was held to coincide with the official inauguration of EQUATE Petrochemical Company on November 12, 1997 under the patronage of the late Amir of Kuwait Sheikh Jaber Al-Ahmad Al-Jaber Al-Sabah.
The celebration, which was titled ‘The Shape of Things to Come,’ hosted Kuwait’s Minister of Oil and Minister of Electricity and Water Essam AlMarzouq, the Governor of Ahmadi Sheikh Fawaz Al-Khaled Al-Hamad Al-Sabah, Deputy Chairman and CEO Kuwait Petroleum Corporation of (KPC) Nizar Al-Adsani, former and current members of EQUATE’s board, as well as several other distinguished guests from Kuwait and around the globe.
Sheikh Fawaz said: “It was my utmost pleasure and pride to participate in celebrating the 20th anniversary and inaugurating the new EQUATE headquarters in Ahmadi with the Minister of Oil and Minister of Electricity and Water Essam Al-Marzooq, KPC CEO Nizar Al-Adsani, and EQUATE President and CEO Mohammad Husain. EQUATE is now part of the integrated industrial and economic community located in Ahmadi Governorate, enabling it to continue its path of excellence as the manifestation of Kuwait’s first international joint venture in the petrochemical sector.” EQUATE’s President and CEO Mohammad Husain said, “This event is not only a celebration of past achievements. Rather it is part of EQUATE’s journey towards the future based on trust, innovation, sustainability and continuous development. EQUATE’s achievements have seen it progress from a local operator to a global producer of petrochemicals and the world’s second largest producer of ethylene glycol (EG). We look forward to continue our achievements as contributors to diversifying Kuwait’s economy, part of the country’s global petrochemical arm and one of the world’s main industrial enterprises.”
EQUATE’s new headquarters is qualified to be certified in the Leadership in Energy and Environmental Design (LEED) program. It is designed, built and operated as a sustainable building that meets the most advanced and eco-friendly universal standards. With a land area of 16,500 square meters, the modern design incorporates international standards reflective of the Group’s continuous pursuit of excellence and reliability. The new building’s advantages include reducing water consumption by 20 percent, as well as solar panels to generate 5-7 percent of electrical use. The groundbreaking of the headquarters took place in 2015 under the patronage of the Governor of Ahmadi. Ahmadi Governorate is a vital industrial hub including major complexes and marine ports in Kuwait.
A picture taken from inside EQUATE’s new head office building.
KUWAIT: Officials attend a ceremony to celebrate EQUATE’s 20-year anniversary.
EQUATE’s President and CEO Mohammad Husain (right) honors Oil Minister Essam Al-Marzouq.