Ernst & Young|
Qurain Petrochemical Industries Company (ALQURAIN) is engaged in various investment activities in the petrochemicals and related sectors in Kuwait region as well as internationally. The main investments made by the company are Equate Production Plant in Al Shuaiba industrial area, The Olefins II Project owned by Kuwait Olefins Company, The Aromatics Project of Kuwait Aromatic Company, and United Oil Projects Company. The Company is a part of the KIPCO Group, one of the largest diversified holding companies in the MENA Region.
The Company is primarily involved in directly or indirectly investing in entities that carry out business activities relating to manufacture, purchase, sale, supply, distribution, export and storage of chemical, petrochemical materials and related derivatives.
|Date Established||Nov 10, 2004|
|Listing Date||Jul 9, 2007|
|Paid-up Capital (KW Fils)||110,000,000|
|Shares Per Value||0|
Kipco Tower, 26th Floor, Khaled Bin Al-Waleed Street, P.O.Box 29299, Safat 13153, Kuwait
+965 2294 3232
+965 2294 3234
Qurain Petrochemical Industries Company was established by Amiri Decree No 432/2004 on 10 November 2004. The Parent Company’s shares were issued for public subscription by the Ministerial Decree No. 34/2004 on 28 November 2004.
|Sheikh Mubarak Abdullah Al-Mubarak Al-Sabah||Chairman|
|Mr. Sadoun Abdullah Hussain Ali||Vice Chairman & CEO|
|Mr. Ata'allah Rashed Al-Mutairi||Board of Directors|
|Mr. Tarek Mohammad Abdul Salam||Board of Directors|
|Mr. Abdullah Saad Al-Musalam Al-Otaibi||Board of Directors|