Money and business in the Middle East.

Companies

Petrochemical Industries Company (PIC)

Kuwait · Chemicals · State-owned · Founded 1963

Petrochemical Industries Company says on its website that it was established in 1963, is a subsidiary of Kuwait Petroleum Corporation, and has authorised capital of KD 600 million. It lists a 42.5% stake in EQUATE's original venture and in The Kuwait Olefins Company, and reports annual petrochemical production of 9 million tonnes.

www.pic.com.kw ↗

Audited financial statements: INXEN has not verified a published source for this entity as of 23 October 2026.

Verified · updated 25 Oct 2026

Key facts

9 mtpa

Annual petrochemical production

Petrochemical Industries Company (PIC) — company website (home and history pages)·as stated (undated page)·undated source · read on 21 Oct 2026·updated 25 Oct 2026·About this indicator

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Sources

  1. Petrochemical Industries Company (PIC) — company website (home and history pages) · pic.com.kw