Fares Alfares

Welcome to Possibilities Without Limit. PIC is a subsidiary of the Kuwait Petroleum Corporation (KPC) and is a petrochemical industry leader in Kuwait and throughout the Middle East, and a growing leader worldwide. Our Vision To be a global petrochemical company committed to adding value to Kuwaiti national resources. Our Mission As the leading petrochemical arm of Kuwait, PIC develops, operate and optimizes assets to market products that meet customer needs Our Strengths More than 58 years experience in the chemicals industry. World-scale manufacturing sites located close to fast-growing markets in Asia, Africa and Eastern Europe. A reputation for reliable supply of high-quality products to our customers. Strong integration with Kuwait hydrocarbons and competitive energy costs. A history of operational excellence and infusing industry best practices. Collaborating closely with our joint venture partners on successful, sustained growth projects. Creating a culture of teamwork and accountability​. 2040 Strategy Petrochemical Industries Company (PIC) is the petrochemical arm of Kuwait Petroleum Corporation (KPC). The activities of PIC are focused on manufacturing and marketing of petrochemicals and Fertilizers, operating through its own assets and Joint ventures located inside and outside Kuwait. PIC’s long term strategy is to play a key proactive role in both strategic management and scaling up its portfolio, leveraging partnerships for value-addition. KPC’s directions for growth of petrochemicals are defined around consolidating the business position as a leading player in petrochemicals : ◾Expand core portfolio inside and outside the State of Kuwait through greenfield and brownfield projects to achieve leading position globally. ◾Expanding into downstream derivatives linked to base petrochemicals portfolio.