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EQUATE Signs MOU with KISR for Technical Services

Source: www.gulfoilandgas.com 6/22/2010, Location: Middle East

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EQUATE Petrochemical Company signed a memorandum of understanding (MOU) with Kuwait Institute for Scientific Research (KISR) so that the KISR provides the company with both research services and technical advice.

The MOU aims at encouraging cooperation with high-standard local research partners and at diversifying final product usage, EQUATE’s CEO Hamad Al-Terkait said.

KISR`s Director General Dr. Naji Al-Mutairi also said “this step will facilitate cooperation in the field of research along with boosting cooperation”, mentioning that, he thrilled over the fact that this would also help develop Kuwaiti expertise and cadres.

He added that KISR would be glad to provide public and private-run companies with high-quality research services.

The agreement falls in line with EQUATE`s CSR vision through encouraging development and scientific research in Kuwait and especially in the field of petrochemicals, EQUATE`s Vice President for Technical Services and Chief of the EQUATE`s CSR Program Mohammad Al-Bin Ali said.

This specific MoU is an opportunity to employ Kuwaitis in the domain of petrochemicals hi-tech, especially since EQUATE is playing a major role in the international petrochemicals` sector, KISR`s Director of Petrochemicals program Dr. Mishal Al-Samhan meanwhile said.

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