Middle East Economic Survey
VOL. LII
No 11
16-Mar-2009
KUWAIT
Equate Records $683Mn Net Profit For 2008
Equate Petrochemical Company, a joint venture between Kuwaits Petrochemical Industries Company (PIC), US firm Dow Chemical Company, and Kuwaits Boubyan Petrochemicals Company and Qurain Petrochemical Industries Company, announced on 8 March that its 2008 net profits had reached $683mn. In a press statement Equate Chairman Yusuf al-'Atiqi observed that other than profits, Equate attained more...
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