Dow Chemical has opened a new office in Kuwait, emphasizing the critical significance of its investments and partnerships in the country. Dow’s office in Kuwait will drive the company’s business partnerships across the country, while working to enhance the existing partnerships, and nourish the company’s investments in the petrochemical sector which led to establishing six leading joint ventures.
Dow Chemical has been in Kuwait for 15 years through EQUATE Petrochemical Company, a successful joint venture with Petrochemical Industries Company (PIC) of Kuwait. Dow and PIC are now partners in six mutually beneficial joint ventures in Kuwait among which are EQUATE, MEGlobal, and The Kuwait Olefins Company. As the largest foreign investor, and the largest private employer of Kuwaiti nationals through its joint ventures in the petrochemicals industry in Kuwait, Dow has consistently promoted economic development and prosperity. Historically, Dow’s strong existing asset base, technology position and market presence bring several advantages to its partnerships and joint ventures.