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Equate Petrochemicals Co KSCC
Building 900011, Block 12 Area
PO Box 100
Phone: +965 1898888p:+965 1898888 AL AHMADI, 61001  Kuwait Fax: +965 25765733f:+965 25765733
Business Summary
Equate Petrochemical Co Kscc (EQUATE) is a Kuwait-based joint-stock company that is engaged in the production and marketing of several types of petrochemical industries through its established petrochemical complex. The Company produces several types of petrochemical products, including High-density polyethylene (HDPE), Linear Low Density Polyethylene (LLDPE), Styrene Monomer, Ethylene Glycol. The Company also produces Polypropylene, and Paraxylene by the Aromatics complex of EQUATE shareholder, Petrochemical Industries Company (PIC). The Company's products are used for different applications such as shipping containers, refuse bins, storage tanks, fuel tanks, grocery bags, thin gauge shopping bags, heavy duty shipping sacks, garment bags, house ware, toys, caps, and food containers. EQUATE produces Monoethylene Glycol (MEG) and Diethylene Glycol (DEG) used in polyester, PET bottles, antifreeze, automotive tires, seats and electrical insulation.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
---YesYes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
--Yes----

Industries
SIC Code Description
2869 Industrial organic chemicals, not elsewhere classified
2821 Plastics materials, synthetic resins, and nonvulcanizable elastomers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairperson NadiaAl Hajji 4/13/2021 4/13/2021
President, Chief Executive Officer NaserAldousari 10/1/2020
Vice Chairman IsamShomaly 1/1/2022 1/1/2022
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
EQUATE Petrochemical B.V. Prins Bernhard Plein 200 Amsterdam Netherlands
Meglobal International Fze Building 5W-B-Wing DUBAI United Arab Emirates
EQUATE Sukuk SPC Ltd. Unit 616, Level 6, Liberty House Dubai United Arab Emirates
3 additional Subsidiary records available in full report.

Business Names
Business Name
Alberta & Orient Glycol Company ULC
Equate Petrochemical B.V.
Equate Petrochemicals Co KSCC
13 additional Business Names available in full report.

General Information
Outstanding Shares: 1
Fax Number: +965 25765733


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Saturday, April 6, 2024