Associates & Clients Eco and Equate Petrochemicals Company FKEPCO Eco and Industrial Investment Company NAUI Eco and SANITEC INC, USA Al-Mojel Tours & Travels ECO and Equate Petrochemicals Company Equate is a joint venture between Union Carbide and Petrochemical Industries Company (PIC). The PIC is one of the companies that work under the umbrella of Kuwait Petroleum Corporation (KPC). The KPC and all the companies working under its umbrella such as Kuwait Oil Company (KOC) and Kuwait National Petroleum Company (KNPC) are all owned by Kuwait government. Equate is specialized in the manufacturing of polyethylene raw materials. ECO carried out various studies for equate in relation to issues related to environmental protection.