Profile: ALQURAIN | Qurain Petrochemical Industries Company

KUWAIT STOCK EXCHANGE (KSE)Trading Hours: Sun - Thu 9:00 am-12:30 pm

Qurain Petrochemical Industries Company ALQURAIN
Materials 0.33%
KSE 0.66%
Last Value
% Change
Price in KW Fils Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
Exchange Kuwait
Sector Basic Materials
Auditors Ernst & Young
Company Description

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.

Company Activities

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.

Equity Profile
Date Established Nov 10, 2004
Listing Date Jul 9, 2007
Paid-up Capital (KW Fils) 110,000,000
Outstanding Shares 1,053,806,322
Shares Per Value 0
Contact Information

Kipco Tower, 26th Floor, Khaled Bin Al-Waleed Street, P.O.Box 29299, Safat 13153, Kuwait

+965 2294 3232

+965 2294 3234



Company History

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.

Board Members & Senior Management
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
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