Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Equate Petrochemical Seeks Acquisitions
7:53 AM MST | December 16, 2011 | â€”lyn tattum in dubai
Equate Petrochemical (Safat, Kuwait) is seeking acquisitions outside the Mideast and may be close to concluding a deal before the end of this year, company officials say. â€śOur strategy is to look for merger and acquisition opportunities in the line of our existing products,â€ť says CEO Hamad Al Terkait, speaking to CW at the GPCA Annual Forum, held recently in Dubai. Equate is a joint venture among Petrochemical Industries Co. of Kuwait (PIC), a wholly owned subsidiary of Kuwait Petroleum Corp.; Dow Chemical; and local shareholders in Kuwait. PIC and Dow each...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee