Published on February 26, 2018
The Kuwait Styrene Company (TKSC), the only producer of styrene monomer in Kuwait, has reported a net profit of $94 million for the fiscal year ending in December 31, 2017. The company’s continued profitability is supported by its world-class operational standards, and opting for joint ventures projects in Kuwait.
“We continue to add significant value to its shareholders thanks to its strong position in the global industry. On behalf of the board and management, we thank Equate Petrochemical Company, Kuwait Paraxylene Production Company (KPPC) and The Kuwait Olefins Company (TKOC), public institutions and customers for their continued support,” he said.
The Kuwait Styrene Company (TKSC) was established in 2004 as an international joint venture between the Kuwait Aromatics Company (Karo) and the Dow Chemical Company (Dow).
