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Thursday, 26 November 2009 | 05:53 UAE time

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Qurain Petrochemical Industries Company

  • +174.00 Last
  • +6.00 (+3.57%) Today's Change
  • 320,000 Volume
  • 102.00-218.00 52 Week Range
  • -26.00 (-13.00%) 52 Week Change
As of 25 Nov 2009 09:25 GMT (Market Closed)

COMPANY DESCRIPTION

Qurain Petrochemical Industries Company (QPIC) was established with share capital of KWD 110 million representing 1.1 billion shares of 100 fils each.

Petrochemical Industries Company (PIC) placed 990 million shares of Al Qurain Petrochemical Company for public subscription from late November 2004 to 16 December in what may have been the biggest subscription process in the history of Kuwait at the time.

KEY INFORMATION

Industry

Refining and Petrochemicals

Address

QPIC Building, South Sabahiya, 29299, Kuwait City, Kuwait

T

965 3211900

F

965 3627288

E

-

W

www.qpic-kw.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock January 2005 -

MAJOR SHAREHOLDERS

NameCountry
Petrochemical Industries Companycompanies10Kuwait
Kuwait Industrial Projects Companycompanies18.73Kuwait

PORTFOLIO

NameCountry
Dana Investment CompanyKuwait
EQUATE Petrochemical CompanyKuwait
Kuwait Aromatics CompanyKuwait
The Kuwait Olefins CompanyKuwait

OFFICERS

BOARD OF DIRECTORSPosition
Mubarak Abdullah Al Mubarak Al SabahChairman
Essa Khaled Al EssaVice Chairman
Ahmad Mohammed Al AjlanBoard Member
Sulaiman Al DosaryBoard Member
Ahmad Al MullaBoard Member
MANAGEMENTPosition
Fuad AkbarChief Projects Officer
Tanweer KhalfayChief Financial Officer

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