VOL. XLVI
No 9
3-March-2003
KUWAIT
Equate Petrochemical Company Reports $107Mn Profit In 2001-02
Equate Petrochemical Company, which is owned 45% each by Kuwaits Petrochemicals Industries Company (PIC) and Union Carbide Corporation of the US and 10% by the privately-owned Bubiyan Petrochemicals Company, has announced a net profit of $107mn for the year ending 31 March 2002. The company will also distribute dividends to shareholders after making the necessary transfers to reserves. Equate realized...
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