PIC Strategy calls for the importance of entering into joint ventures abroad in the chemical fertilizer industry for the realization of many objectives, notably:

• To enter into joint ventures for manufacturing products based on feedstock produced in PIC (Kuwait).
• To enter into the production of a wider range of Petrochemical, which would enable the company to provide all the requirements of its customers in the various markets.
  
• Strengthen PIC position and its present globally.
  PIC proceeded in implementing its strategic plan to Exit salt and chlorine business. A tender was announced to qualify national companies to manage and operate the plant. The tender was awarded to Al Ahlia Investment Company - a Kuwaiti shareholding company established under Kuwaiti laws - who offered the best price.

Transfer of the plant ownership was in the month of July, 2000.