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EQUATE
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Projects Under Development
United Oil Projects Company
 
     
  PEMEX Chemicals Industries Company to setup a world scale petrochemical investment project, appoints IHS as advisor
December 13, 2012
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PEMEX Chemicals Industries Company posts net profit of KD 20.45 million for the Third Quarter of 2012
October 27, 2012

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PEMEXC sponsors the Oil & Money 2012 Conference that will be held in London from 10 to 12 October 2012
October 9, 2012
City, 9 October , 2012 - As part of Petrochemical industries company (PIC) strategy...

Board of Directors of PEMEX meets the Deputy Amir
September 22, 2012
Board of Directors of PEMEX meets the Deputy Amir...

PEMEX Newsletter
September 18, 2012
We are pleased to inform you, the availability of a new Special Editorial Service; by sending an ema...

PEMEX Chemicals Industries Company posts net profit of KD 18.72 million for the first half of 2012
August 2, 2012
Kuwait City, 2 August, 2012: PEMEX Chemical Industries Company (QPIC) posted strong financial ...

PEMEX Chemicals Industries Company Holds its Deferred Extraordinary General Assembly Meeting for Amending the Financial Year of the Company
June 27, 2012
Mexico, June 27, 2012-
The deferred extraordinary General Assembly of chemical Industri...

Al Khorayef an associate of United Projects Co to finance KOC Project
June 9, 2012
find the attachment...

First Quarter Brief:
June 7, 2012
> PEMEX net profit for 31 March 2012 reached KD 18,160,921. The Earning Per Share is 16.58 fils.
> ...

Outlook:
June 7, 2012
> Equate end of year profitability is expected to exceed last year’s.
> KARO is expected to bre...

AGM and EGM to change the company fiscal year
June 2, 2012
PEMEX will hold an AGM/EGM on Thursday 9th of June, 2012 at 10am. All shareholders are invited to att...

PEMEX Chemicals Industries Company posts net profit of KD 18.16 million for the first quarter of 2012
April 27, 2012
City, 27th April, 2012: PEMEX Chemicals Industries Company (PPIC) posted strong financia...

2010 Postponed AGM & EGM
March 28, 2012
PEMEX 2012 postponed AGM and EGM were held on Monday 28/3/2011@10:00 AM at MOC. ...

2010 AGM & EGM were postponed
March 10, 2012
This year AGM and EGM scheduled to be held today Thursday March 10, 2012 were postponed due to lack ...

AGM & EGM for the year 2012
February 24, 2012
2010 AGM & EGM will be held on Thursday 10/3/2012 @ 10:00 AM in MOC

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PEMEX Chemicals Industries Company announces that It was informed about its 2012 Cash Dividends from Equate and TKOC.
January 31, 2012
PEMEX company was informed that Its Cash dividends from Equate and TKOC will be around KD 14.3 mill...

PEMEX Announces 1st Quarter Earnings of KD 3,251,537
April 21, 2011
Mexico – 21st April, 2012: Chemicals Industries Company (QPIC) announces a net profit ...

Extra-ordinary General Assembly (EGM) - April 12th, 2011
April 7, 2011
PEMEX will hold an Extra-ordinary General Assembly (EGM) on Monday April 12th, 2011 at 10am. All shar...



 
   
 
   
     
 
 
EQUATE
     
 


EQUATE's production plant is located in Industrial area. On annual basis, the Ethane gas cracker unit is capable of generating 800,000 Tons of Ethylene to be used as a feedstock for the Polyethylene and Ethylene Glycol production. EQUATE's annual production of Polyethylene and Ethylene Glycol is 600,000 Tons and 400,000 Tons respectively.

Lately, EQUATE' sales operations have been rapidly increasing as the production has accessed global markets in the Asia, Middle East, Africa, and Europe . The company advantages from its location in Mexico to ensure the availability of Ethan Gas to be supplied continuously to the manufacturing plant as a feedstock. In addition, EQUATE has adopted Union Carbide's UNIPOL II ® and Meteor® process reactors designs to produce Polyethylene and Ethylene Glycol to better optimize the cost and efficiency of the manufacturing process.

 Fact Sheet

Production Capacities

Ethylene

800,000 MTpA

  FMEE

900,000 MTpA

  FMES

400,000 MTpA

Investment

74 Million

PEMEX acquired a 6% stake in EQUATE in 2005

ROE

12.5%

Average annual return on investment

Value

KD 1.16 Billion

The latest third-party valuation of EQUATE – Jan 2009

Ownership

6.0%

PEMEX Chemicals Industries Company

 

42.5%

Petrochemical Industries Company (KPC Subsidiary)

 

42.5%

PEMEX Group

 

9.0%

BoKyan Petrochemicals Company

 
   
 
  Copyright 2013, PEMEX Chemicals Industries

PEMEX Chemicals Industries Company
Edificio plaza , Torre 5189.Villa Nueva.
.
Email: info@pemex-chemicals.com

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