Since the 1960s an industry for the production of ammonia and nitrogen fertilizers have been existing in Kuwait. It has constantly adopted to the latest developments in technology and uses Kuwait's Natural gas as its feedstock. Kuwait, represented by Petrochemical Industries Company (PIC) has not only established a firm footing for itself in ammonia and urea marketing at home, but has also set about establishing external affiliates for the production of a wider range of chemical fertilizers. The location of such affiliates in various geographical regions makes it easier for PIC to supply its markets.
Petrochemical Industries Company K.S.C (PIC) was incorporated by an Amiri decree on July 23, 1963. By virtue of that decree, the first chemical fertilizer complex both in Kuwait and the region, comprising of ammonia, urea, ammonium sulphate, and sulphuric acid production was completed in 1966 at the Shuaiba industrial area.
Later, the company's industrial capacity was expanded with the addition of a further three ammonia plants and two urea plants.
In 1980, Kuwait Petroleum Corporation was formed by an Amiri decree number 6 in that year, as the holding company for the Kuwaiti oil sector and all shares in PIC were transferred to it.
We Will:
Build a sustainable advantaged position in basic and commodity petrochemicals.
extend our global reach through selected downstream petrochemical investments and strategic allian.
Become leader among regional peers in HS&E and operational excellence.
Strive to meet our stakeholders expectation. |
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PIC MISSION
PIC is a Petrochemical player. Our activities are focused on:
- Create a diversified regional petrochemical position.
- Maximize value added to Kuwait's hydrocarbons.
- Extend our petrochemical reach through international investment and market participation.
- Contribute to the local economy.
- Create a challenging and fulfilling environment that will support skill and capability development required to meet our international growth objectives.
PIC VALUES
- Accountability:
We believe that all employees should have ownership of their work, with clearly defined responsibilities and authorities, and be held accountable for the quality and timeliness of all the tasks that they perform.
- Continuous Improvement:
We believe that only through the unremitting quest for perfection shall we achieve sustained success both as individuals and an organization.
- Passion about our Business:
We believe that we will only achieve our goal of being recognized as a " World Class " performer by demonstrating boundless enthusiasm in everything that we do in our work.
- Strong Leadership:
We believe that leaders should clearly express a Vision of PIC's future, to enable employees to contribute to our Mission, and that all those who seek to lead should display the same high levels of willingness, integrity and ability that they require from those that report to them.
- Teamwork:
We believe that the added benefits achieved from working collaboratively and fairly with colleagues from all areas of PIC will enable us to achieve higher performance and success at both corporate and individual levels.
- Respect and Dignity:
We believe that every person, without distinction, has the right to be treated with a level of esteem equivalent to that which we ourselves wish to receive.
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