Last deal

$750M

Amount

Debt Financing

Stage

18.09.2024

Date

1

all rounds

$750M

Total amount

General

About Company
EQUATE Group is a global petrochemical producer and second largest Ethylene Glycol producer.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Equate

founded date

01.01.1995

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

EQUATE Group operates industrial complexes in Kuwait, North America, and Europe, annually producing over 5 million tons of Ethylene, Ethylene Glycol, Polyethylene, and Polyethylene Terephthalate. Their products are marketed worldwide, and the group is committed to sustainability through partnerships in the environment, economy, and society. Shareholders include Petrochemical Industries Company, The Dow Chemical Company, Boubyan Petrochemical Company, and Qurain Petrochemical Industries Company.