EQUATE names Mohammad Husain as President & CEO Succeeding Hamad Al-Terkait

Press release

Published April 8th, 2012 - 05:28 GMT

Al Bawaba

EQUATE Petrochemical Company has named Mohammad Husain as its President & CEO, succeeding Hamad Al-Terkait who served in that role from 2001.

With over 30 years of extensive professional service, Husain held various leading posts, administrative and technical, at Kuwait Oil Company (KOC), Petrochemical Industries Company (PIC) and finally at Kuwait National Petroleum Company (KNPC) as Deputy Chairman & Deputy Managing Director for Mina Al-Ahmadi Refinery.

Having served at several leadership positions and board memberships, Husain's overall competencies and areas of expertise include exploration, development and production of oil and gas, petrochemical and downstream activities, as well as corporate planning and strategy development.

On this occasion, Husain expressed utmost appreciation to Al-Terkait for his pioneering leadership of EQUATE, noting “EQUATE will continue being a true embodiment of ‘Partners in Success’ at all levels within and outside Kuwait through its world-class human resources and business excellence.”

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).