Honeywell and Equate Petrochemical Company have announced the signing of a memorandum of understanding to further the development of innovative technologies to support operations at Equate’s industrial complexes. Equate is Kuwait’s first international petrochemical joint venture and the world’s second-largest producer of ethylene glycol.
“As a global automation company, Honeywell has supplied the petrochemical industry with leading technologies and services for decades,” said George Bou Mitri, president of Honeywell Kuwait, Iraq, Jordan and Lebanon. “We are proud to work with Equate to build local petrochemical capability that supports the New Kuwait 2035 strategy to become a global hub for the oil, gas and petrochemicals industry.”
Honeywell has had a presence in Kuwait for more than 53 years and is one of the leading automation providers in the country. It has successfully delivered more than 2000 projects in Kuwait and services 50 sites daily.
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