KUWAIT

KPPC Shareholders Agree to Liquidation 

At a meeting held in Kuwait on 8 October, the shareholders of the Kuwait Petrochemical Products Company (KPPC) - which was established in 1980 with a capital of KD4mn ($13.2mn) - agreed to the liquidation of the company and officially appointed the Kuwait auditing firm of Badr al-Bazi' as the company's liquidator.

KPPC, which was set up to undertake various activities in the petrochemicals field, is owned 45% by the Kuwait...