Equate Petrochemical Company, Kuwait’s first international joint-venture in this industry, recently hosted a tour for its local customers who represent the plastic manufacturers in Kuwait.

Over the years, Equate has organised several events, at its industrial complex and other locations, for its business partners to exchange knowledge, share industrial practices and develop overall ties, said a statement from the company.

With the attendance of over 20 local plastic manufacturers and several management members of Equate, the tour included discussions with participants, an overview of Equate production plants and R&D facilities, as well as a number of presentations on a variety of industrial and technical topics, it added.

Mohammad Husain, president and CEO, Equate, said: “With national plastic manufacturers being key contributors to our ‘Partners in Success’ slogan, overall business ties between local customers and Equate are built on a solid foundation of mutual cooperation, transparency and trust.”

“Such ties are viewed by Equate as a sustainable partnership which we will continue to nurture and grow through achieving mutual objectives. Throughout 1998 to 2015, this partnership has increased the size of Kuwait’s local plastic manufacturing market by over 400 per cent,” he said.

“In addition, the company is proud to provide local customers with the highest level of quality products and services within a framework of innovation and high reliability,” he added.

Ahmad Al-Saleh, Equate’s polyethylene business director, said: “Our supplies to local plastic industry partners has witnessed an average annual growth of 13 per cent during the last five years.”

“In total, the Kuwaiti manufacturing sector has grown by 8 per cent in the past decade, and most of this growth is attributed to the petrochemical industry. Through innovative solutions, high-quality products and top in-class services, Equate has ensured having an overall reliable partnership with its local customers,” he added. – TradeArabia News Service