EQUATE wins regional award from Meridium

For its overall excellence in various industrial operations, EQUATE Petrochemical Company, Kuwait’s first international joint-venture in this industry, was recognized by Meridium®, Inc., the global leader in asset performance management (APM) software and services, with the APM Best Practices in Europe, Middle East & Africa (EMEA) Award.

The regional award was presented to EQUATE during the Meridium EMEA APM Forum in Barcelona with the participation of several regional and international companies. EQUATE commenced implementing Meridium APM in 2013 and has been leading by example in applying such industrial best practices. Developed by Meridium, APM is an integrated enterprise solution for asset performance in relation to industrial reliability.

EQUATE President & CEO Mohammad Husain said, “Our overall ties with several organizations throughout the world, including Meridium, have truly been reflecting the slogan of ‘Partners in Success.’ EQUATE’s utilization of state-of-the-art technological solutions is a matter of integrating and developing applicable solutions as envisioned by our human capital which have a focus on sustainability in every field. With EQUATE being a global leader & world class producer of petrochemicals, such sustainability is based on the high reliability of our human capital, industrial operations and plants by mitigating risk and optimizing cost through asset strategies.”

Meridium EMEA Managing Director Maher Maamari said, “This award recognizes how EQUATE has successfully implemented industry-proven Meridium APM software and solutions, including Reliability Centered Maintenance (RCM), Failure Modes and Effects Analysis (FMEA), Risk Based Inspection (RBI), Safety Instrumented System (SIS) Life Cycle Management and Asset Strategy Management (ASM), to deliver intelligent asset strategies. These solutions help EQUATE by aligning key performance indicators with business strategy to provide critical analyses and insights to their Maintenance Leaders about their production assets on an enterprise, plant, system, equipment and component level.”