EQUATE Petrochemical Company has received the BGreen's Lifetime Achievement Award 2014 for sustainability related achievements, the company announced on Wednesday.
"Sustainability constitutes a critical element in each and every strategy and initiative executed by the company, especially regarding the environment," EQUATE President and CEO Mohammad Husain said in a press release on the recognition.
He added that sustainability, as a fundamental objective, is not limited to being slogan, it is one of the most important practical measures for success and development that must be considered at all levels.
Based on that, EQUATE has embodied its 'Partners in Success' slogan through a realistic and tangible implementation of sustainability's principles through focusing on protecting and preserving the environment by launching a number of world-class initiatives, Husain said.
These include the Middle East's First Plant Water Recycle Project and Kuwait's First CO2 Recovery Project.
In addition, EQUATE is the first Kuwaiti organization to receive the certification and accreditation of Responsible Care (RC), which is an international voluntary initiative of the global chemical industry to safely handle products through all product phases, including manufacturing, shipping, distribution, production and marketing, Husain noted.
Established in 1995, EQUATE is an international joint venture between Petrochemical Industries Company (PIC), yhe Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). Commencing production in 1997, EQUATE is the single operator of a fully integrated world-scale manufacturing facility producing over 5 million tons annually of high-quality petrochemical products which are marketed throughout the Middle East, Asia, Africa and Europe.