With effect from 30 September 2020, Ramesh Ramachandran will retire as CEO of Equate (Safat / Kuwait; www.equate.com), and Naser Aldousari will take the helm of the petrochemical group. Equate is a joint venture between Dow (Midland, Michigan / USA; www.dow.com) and the Petrochemical Industries Company (PIC, Sabahiya / Kuwait; www.pic.com.kw), with capacities totalling more than 6m t/y of ethylene glycol, ethylene, benzene, styrene, paraxylene, polyethylene and PET.

Ramachandran has been Equate’s CEO since November 2017. He formerly held executive positions at Dow Canada, Dow India as well as Equate subsidiaries Equipolymers and MEGlobal. Aldousari is current senior VP at the Safat-based group and has more than 24 years of experience in the petrochemicals industry, having held senior leadership roles at PIC and membership on The Kuwait Olefins Company (TKOC) and Equate’s boards of directors.