Kuwait Projects Company (Holding) - Investor Presentation
QURAIN PETROCHEMICAL INDUSTRIES
Business highlights
•
Holding company focusing on opportunities in food,
petrochemicals, oil, gas & energy related sectors
.
Four petrochemical investments in Kuwait: Equate, TKOC,
KPPC & TKSC
Listed on the Boursa Kuwait, with a market cap of USD1.3bn¹
•
KIPCO group through UIC holds 31.7% stake²
761
Revenue US$ mn
2020/21
ارعة العرين مكلف عبد لهيمالايات البديلة
QURAIN
FEMOCHEMICA. DESC
Key Franchises
Name
Effective Stake
Principal Activities
Equate Group
6.0%
KARO
20.0%
SADAFCO
40.7%
Manufacturing of Polyethylene, Ethylene Glycol and PET
Manufacturing of Paraxylene, Benzene, and Styrene
Dairy and food products manufacturer
JTC
60.0%
NAPESCO
58.9%
UOP
52.4%
Leasing of equipment and stevedoring operations
Support services for drilling and repairing oil wells
Trading of chemical products
ATC
29.5%
Medical equipment suppliers and solution provider
Net Income US$ mn
779
48
2021/22
2020/21
75
2021/22
Total Assets US$ bn
2.5
2020/21
2.6
2021/22
Notes: As QPIC's year end is 31st March. The above numbers are for year ending 31st March 2022
1 As of 12 May 2022 2 As of 31 March 2022
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