Kuwait's Equate Petrochemical appoints new president and CEO

09 April 2012 03:40  [Source: ICIS news]

SINGAPORE (ICIS)--Kuwait’s Equate Petrochemical has appointed Mohammad Husain as its new president and CEO, the petrochemicals maker said over the weekend.

Husain, who will succeed Hamad Al-Terkait, was previously the deputy chairman and deputy managing director for the Mina Al-Ahmadi refinery in Kuwait, the company said in a statement on 7 April.

The company did not say from when the appointment will be effective.

Al-Terkait has served as president and CEO of Equate since 2001.

Equate is a joint venture between Petrochemical Industries Co (PIC), Dow Chemical, Boubyan Petrochemical Co (BPC) and Qurain Petrochemical Industries Co (QPIC).

The Mina Al-Ahmadi refinery is a subsidiary of Kuwait National Petroleum Co (KNPC), the national oil refining firm of Kuwait.

By: Nurluqman Suratman

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