Petrochemicals

  • Maintain the fertilizer business and improve its operating efficiency until exiting in the medium term, through either privatization or closing down the business.
  • Pursue growth in petrochemicals, both inside and outside of Kuwait, with a focus on high growth petrochemical products such as Aromatics, Olefins and their downstream products.
  • Pursue full and effective integration between the petrochemical operations and KPC’s operations inside and outside Kuwait through utilization of KPC’s operation outputs (such as refining) as feedstock for petrochemical projects.
  • Build and acquire leading petrochemical assets in mature markets outside Kuwait with a proper foreign partner, leverage the technical and marketing skills of mature markets into new petrochemical projects in emerging growth markets. Preference should be given to petrochemical projects that are linked to Kuwaiti hydrocarbon resources.
  • Pursue partial or full privatization of the petrochemical activity. This should include participation of foreign partner.