Welcome to Possibilities
PIC is a subsidiary of the Kuwait Petroleum Corporation (KPC) and is a petrochemical industry leader in Kuwait and throughout the Middle East, and a growing leader worldwide.
More than 58 years’ experience in the chemicals industry.
World-scale manufacturing sites located close to fast-growing markets in Asia, Africa and Eastern Europe.
A reputation for reliable supply of high-quality products to our customers. Strong integration with Kuwait hydrocarbons and competitive energy costs.
A history of operational excellence and infusing industry best practices. Collaborating closely with our joint venture partners on successful, sustained growth projects. Creating a culture of teamwork and accountability.
(KWD Million) Capital
The Petrochemical Industry Company (PIC) declared that it has successfully closed the deal of acquiring 49% of the existing specialty petrochemical plants owned by the Korean SKC, through establishing the PIC-SKC joint venture "SK picglobal" for producing specialty petrochemicals.
On this occasion, the Kuwait Petroleum Corporation (KPC) CEO, Eng. Hashem Sayed Hashem, stated that this acquisition comes in line with the KPC strategy aimed at enhancing its global investments in the petrochemical sector, particularly high value-added specialty petrochemicals based on advanced technology, and transferring these experiences to projects within the State of Kuwait in the future.
The Petrochemical Industries Company (PIC) won two ranks in the list of the Middle East Top 50 Most Influential Figures in the Refining and Petrochemical Industry published annually by Refining & Petrochemicals Middle East. The PIC CEO, Eng. Mutlaq Rashid Al-Azmi, ranked the 19th, while the Deputy CEO for Projects and Business Development, Eng. Nadia Bader Al-Hajji, ranked 35th in the same list.
The Refining & Petrochemicals Middle East report published in its December 2020 issue reviewed the career life of the PIC CEO, Eng. Mutlaq Rashid Al-Azmi, since his graduation as an industrial engineer from the University of Miami, Florida, USA,
With the participation of many governmental and private agencies, the Company joined the Al-Nuer- organized national voluntary campaign to clean up the environment in Kuwait under the slogan “Kuwait is clean with the arms of its people” on September 19, 2020, coinciding with the “World Cleanup Day”, in an effort to raise awareness of the importance of maintaining a clean environment.
The PIC’s participation comes as part of its role in supporting civil and societal initiatives that benefit all groups of society. The Company’s employees participated extensively in this campaign, confirming the Company’s interest in promoting environmental culture
The PIC CEO, Eng. Mutlaq Al-Azmi, announced the production of a new type of the polypropylene product at the Company’s plant based in Shuaiba Industrial Area, whose operations were transferred from EQUATE to PIC since January 2020. Al-Azmi clarified that the production of this type came in response to Local and international market
The Deputy CEO for Manufacturing and Marketing, Eng. Hamad Dakheel Al-Subaie, stated that, utilizing its Kuwaiti talents and cadres, the Company was planning the production of this type of polypropylene since April 2020
A delegation from the Environment Public Authority (EPA) headed by the Director General of EPA, Sheikh Abdullah Al-Ahmad Al-Hamoud Al-Sabah, visited Petrochemical Industries Company (PIC), during which it met with the PIC CEO, Eng. Mutlaq Al-Azmi, and the Deputy CEOs.
The two sides addressed aspects of cooperation and ways to consolidate and strengthen the foundations of the strategic partnership in the future.