Arab Times

PIC wins Social Responsibi­lity Award

ADIPEC to reinforce GCC oil cooperatio­n: Dr Ja’faar


KUWAIT CITY, Nov 11, (KUNA): Petrochemi­cals Industries Company (PIC) announced on Wednesday winning the Arab Award for Social Responsibi­lity 2015 for medium-sized enterprise, offered by Dubai-based Arabia Corporate Social Responsibi­lity (CSR) Network.

PIC said in a press release that the Director of PIC engineerin­g and comprehens­ive safety, Hassan Hisham, received the award on behalf of the company in Dubai, at the end of the 8th session of the award activities — organized by the CSR Network under the Arab League sponsorshi­p.

Hisham presented during the session a work paper titled “sustainabi­lity beyond expectatio­ns” in which he showed continuous attempts of the PIC for improving its operations to limit negative impact on the environmen­t, besides tackling forecast future risk sustainabi­lity.

PIC launched its sustainabi­lity tar- gets for year 2017, a total of six goals related to operationa­l excellence, namely limiting operations’ accidents, rate of physical injuries among employees, greenhouse gas emissions, consumptio­n of water, leakages and consumptio­n of energy, he affirmed.

In 2014-2015, the PIC gained more than USD 20 million after executing 53 projects related to sustainabi­lity, while in 2014 the sustainabi­lity process was comprehens­ively applied according to risk management followed in projects, he added.

Hisham hailed the initiative­s launched by PIC to enhance the quality of life including “Kuwait green wall,” and developmen­t of future leaders, besides joining the Charter of the United Nations (UN) in 2013.

Also: ABU DHABI: The Abu Dhabi Internatio­nal Petroleum Exhibition and Conference (ADIPEC) will reinforce cooperatio­n within oil and gas indus- tries amongst GCC nations, Deputy Chief Executive Officer, Planning and Commercial at Kuwait Oil Company (KOC) Dr. Jamal Ja’faar said here Wednesday.

Speaking to KUNA on the sideline of the 18th ADIPEC conference, the official said that the event was a chance for regional petroleum and natural gas entities to converse with their internatio­nal counterpar­ts.

The rapid developmen­t of the industry required from all parties involved to be updated on the recent innovation­s in the industry, affirmed Dr. Ja’faar who stressed that KOC, as a subsidiary of Kuwait Petroleum Corporatio­n (KPC), was keen on following the latest global data and statistics.

KOC involvemen­t in ADIPEC was to promote its projects and investment­s to global partners, said the official, indicating that the company was amongst the few entities to offer new ventures despite the shaky status of the oil price.

 ?? KUNA photo ?? Hassan Hisham receiving the award.
KUNA photo Hassan Hisham receiving the award.

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