Equate Petrochemical Company, Kuwait’s first international petrochemical joint-venture, has strengthened its partnership with the Kuwait Foundation for the Advancement of Sciences (KFAS) through a number of joint activities.

To embody the company’s tagline ‘Partners in Success,’ the ongoing partnership between Equate and KFAS includes participation in initiatives relevant to developing the capabilities of Equate’s employees in science, technology and innovation, as well as the adaptation of modern technologies and business best practices within a framework of sustainability.

A major initiative that Equate took part in recently was the KFAS Innovation Challenge Program, the first of its kind in Kuwait and the region.

The programme aimed at enhancing the business performance of Kuwaiti companies by spreading the culture of innovation.

The competitive and team-based programme was developed in collaboration with the Haas School of Business, University of California, Berkeley, in the US.

The programme’s selection criteria was based in part on the team’s potential to be innovative in the workplace.

Equate’s team received very high scores in the Innovation Potential Index and was ranked as one of the top among 10 teams selected to participate in this programme. - TradeArabia News Service