EQUATE wins Arabian Business CSR award

Press release
Published June 12th, 2011 - 07:19 GMT

Hamad Al-Terkait, EQUATE President & CEO receiving the award
Hamad Al-Terkait, EQUATE President & CEO receiving the award

EQUATE Petrochemical Company emerged as the winner of Arabian Business Best CSR Company Award 2011 in Kuwait. 

On This occasion, EQUATE President & CEO Hamad Al-Terkait said, “Being more than a petrochemical producer, EQUATE pays great attention to overall sustainability within and outside Kuwait in all relevant fields, especially educational, medical and environmental matters.” 

Al-Terkait added, “Since establishing EQUATE CSR Program in 2005, EQUATE has launched several world class initiatives, such as the Middle East’s first plant water recycle project, Kuwait’s first CO2 recovery project and Kuwait’s first seawater cooling towers.”

 Al-Terkait explained, “In addition, EQUATE has established solid partnerships with several bodies within and outside Kuwait which has resulted in various CSR initiatives, including health awareness campaigns, accords with scientific organizations, relief efforts and other relevant matters.” 

“EQUATE is the first Kuwaiti company to receive Responsible Care certification and accreditation which is living proof of our commitment to ensure the wellbeing of all our surroundings” noted Al-Terkait. 

In recognition of its sustainability achievements, EQUATE has earned several prestigious honors, including His Highness the Amir Award for the Best Plant in Kuwait; the Oil and Gas Middle East Magazine’s CSR Award; the Gold Award in Health, Safety and Environment (HSE) for Gulf private sector companies; the Award for Best Gulf Company in Recruiting Nationals; as well as Kuwait’s CSR Award in the Industrial and Oil Sector. In addition, EQUATE has received the Highly Commended Best Community Program Award during the First Middle East CSR Award Summit.

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). 

Arabian Business Magazine

ArabianBusiness.com is the Middle East region's premier resource for informed news, features, and commentary. Eighty journalists - based in the Middle East and Europe - write for the site, covering sectors as diverse as construction, banking, technology and leisure in both English and Arabic.

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