Al-Faresi: EQUATE sponsors 10 Kuwaiti university students to attend 3rd GPCA plastics summit 140 million tons Gulf’s production of petrochemicals in 2015

Press release
Published April 4th, 2012 - 06:33 GMT

Al-Faresi, EQUATE PE Business Director, with the students attending GPCA plastics
Al-Faresi, EQUATE PE Business Director, with the students attending GPCA plastics

EQUATE Petrochemical Company announced its sponsorship of 10 Kuwaiti university students who attended the Third Gulf Petrochemicals & Chemical Association (GPCA) Plastics Summit in Dubai during April 3-5, 2012, in Dubai. 

Speaking on this occasion, EQUATE PE Business Director Muayad Al-Faresi said, “As professional and educational development is a cornerstone of EQUATE Corporate Social Responsibility (CSR) Program , this initiative is aimed at demonstrating EQUATE’s role in supporting overall sustainability through direct interaction between these students from Kuwait University’s College of Engineering & Petroleum and the petrochemical industry’s leaders.” 

Al-Faresi noted, “The petrochemical industry is the second main source of income for Gulf States, and such involvement by these future engineers is an investment relevant to creating added-value by exposing such human resources to the ever growing petrochemical industry which is expected to reach about 140 million tons of production during 2015.” 

Throughout the years, EQUATE has launched several educational initiatives, such as two scholarships programs with the Ministry of Higher Education (MOHE) with the first being for Kuwaiti high school graduates and the second for EQUATE employees, as well as signing memorandums of understanding and establishing educational centers with a number of faculties at Kuwait University and the Public Authority for Applied Education & Training (PAAET).

Background Information

EQUATE Petrochemical Company

Established in 1995, EQUATE is a global producer of petrochemicals which participates in the creation of a better world, by providing reliable services and solutions, enabling global customers and stakeholders to grow and attain the success they seek. EQUATE’s shareholders are Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC), and Qurain Petrochemical Industries Company (QPIC). 

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