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Monday, March 10, 2008

Monday, March 10, 2008 (Kuwait)

EQUATE Petrochemical Company and Kuwait University’s College of Engineering and Petroleum signed on Thursday March 6, 2008, a Memorandum of Cooperation (MoC) to strengthen and boost ties in academic and industrial fields.

The MoC was signed by EQUATE’s Vice-President of Technical Services Mahmoud Al-Qattan and the college’s Dean Dr. Taher Al-Sahhaf with the purpose of facilitating current and future collaboration between the two sides.

Speaking during the signing ceremony, Al-Qattan outlined EQUATE’s history since its establishment 10 years ago, noting that it has become one of Kuwait’s most successful private industry companies.

He explained EQUATE’s Corporate Social Responsibility Committee (CSR) program which stresses the “Value of being a Valued Neighbor” through direct involvement in the society, such as launching targeted programs for the community and establishing an internship program for Kuwaiti university students.

He added that EQUATE was the “Winner of the Kuwait CSR Award for the Industry and Energy Sector for the year 2007,” and was also previously recognized as the Gulf’s best private company in terms of hiring nationals who comprise 59 percent of the company’s manpower.

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