EQUATE Petrochemical Company, Kuwaits first international joint-venture in this industry, and Altaaat Leadership Development Institute continued their strategic partnership in innovation through a joint workshop.

Commencing their partnership in 2014, EQUATE has so far dispatched two waves of its employees to be trained at Altaaat in Masdar City, UAE. During 2015, EQUATE was granted Innovation Based Leadership (IBL) Award organized by IBM, Masdar City, and Altaaat for developing a fully integrated solution that meets customer requirements in supply chain, marketing, procurement, research & development (R&D), as well as other areas.

EQUATE President & CEO Mohammad Husain said, Innovation is a critical strategic initiative in EQUATEs culture to generate overall value and ensure long-term competitiveness. To maintain EQUATEs position as a global industrial leader, the holistic culture of innovation is implemented throughout the company. The most critical element to ensure the success of innovation is the human capital, our employees, who represent our top stakeholders and main component for sustainability.

Husain added, This ongoing partnership with Altaat is part of EQUATEs continuous journey to connect people from different organizations, locally and globally, to achieve overall growth and development through innovation. EQUATE will continue sharing and exchanging innovation ideas with its Partners in Success.
On her part, Altaat Partner and Senior Leadership Trainer Hala Al-Turki said, EQUATE has been instrumental in realizing Altaats aspiration to form partnerships. These partnerships have the common objective of establishing a culture of innovation with individuals and organizations throughout different parts of the world. In addition, Altaaat has developed several innovation-based leadership solutions and programs in many fields, including IT, marketing and education. This is all part of the continuous social and economic development Altaat and its partners, such as EQUATE, are aiming to achieve.

In addition to Husain and Al-Turki, the workshop was attended by EQUATE VP for Technical Services Tareq Jafar Al-Kandari, Innovation Program Leader Abdulrahman Al-Munayes, members of EQUATE Innovation Steering Team, EQUATE participants in Al-Taaat IBL Program, as well as a number of leaders and employees. The workshop was held at EQUATE Innovation Lounge, which is considered one of the first innovation centers established by a private company in Kuwait. EQUATE is also planning on establishing Innovation Centers at its industrial complex and its new headquarters.

Established in 1995 as Kuwaits first international joint-venture in this industry, EQUATE Petrochemical Company (EQUATE) embodies its Partners in Success slogan through the partnership between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). Commencing production in 1997, EQUATE is currently the owner and single-operator of several fully integrated world-class units in Kuwait, North America and Europe that annually produce over 6 million tons of the highest quality petrochemicals. As part of its global presence and growth opportunities, EQUATE in 2015 fully acquired MEGlobal as a wholly owned subsidiary. MEGlobal is a world leader in the manufacture and marketing of petrochemicals with operations in North America and Europe. EQUATEs operations through MEGlobal and Greater EQUATE, the Kuwait-based integrated petrochemical complex, include producing Ethylene, Polyethylene (PE), Ethylene Glycol (EG), Polypropylene (PP), Styrene Monomer (SM), Paraxylene (PX), Heavy Aromatics (HA) and Benzene (BZ). The products are marketed throughout the Middle East, Asia, Africa, Europe and the Americas. Alongside with being a leading industrial organization, EQUATE dedicates its utmost commitment and care to overall sustainability wherever it operates through partnerships with various stakeholders, including its employees, the society and customers, as well as public and private bodies in all relevant fields, such as human development, environment, education, health and public awareness. www.equate.com

The Altaaat Leadership Development Institute started out from Abu Dhabi and is currently serving clients across the Gulf region. Altaaats service offerings include the formulating of leadership development strategies, the delivery of bespoke individual and group leadership development programs and the publishing of local current and historical leadership case studies; all targeting the GCC regions governments, public entities, businesses in the various sectors, and local educational bodies. The Arabic word Altaaat is a term we invented as a way by which to construct methodologies for achieving a particular goal and that by outlining the steps required for achieving that goal through the use of verbs that start with the Arabic letter ta and which Altaaat implies the plural of. www.altaaat.com