Kuwait German Petroleum Company

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--Waldemar1305 04:52, 8 December 2006 (UTC)

Kuwait German Petroleum Company (KGPC)

Type of co.	Private
Founded	1991
Headquarters	Berlin, Germany
Key people	Waldemar Szymkowski (CEO) Ara A. Khatcherian (CFO)
Industry	Oil
Products	Petrochemical
Website	http://www.kgpc.eu

Kuwait German Petroleum Company - KGPC is a Kuwaiti and German privately owned oil company.

1 Organisation
2 Kuwait
3 Germany
4 Russian Federation
5 Canada
6 History
7 Present
8 References

[edit] Organisation

[edit] Kuwait

KGPC W.L.L. (Lubricant supplier to the automotive, industrial, marine, and agricultural markets)

[edit] Germany

KGPC HQ. (North-Western Union and CIS operations)

[edit] Russian Federation

Kuwait German Petroleum Services ZAO. (Yuzhno Sakhalinsk services)

[edit] Canada

KGPC Bioenergy. (Production of bioethanol fuels, 130 million liter per yer capacity plant under development)

[edit] History

KGPC roots comes from early 1960's, when one of it founders, Marian Szymkowski together with prominent Kuwaiti (Jassim Al-Ghanim) formed a company whos aim was to supply services to local Kuwaiti refineries. Until early 1990's company was typical service supplier.

Since 1991 company's main activity was refining of crude petroleum and direct sale of petroleum products, mainly in Balkan Region. KGPC produced over 200K MT of refined products in Neftochim [1] Refinery, Burgas, Bulgaria. Crude oil was supplied from NIOC Iran, and other various sources in CIS. Beginning of 2002 KGPC entered LPG market, with deliveries to Central and Western Europe.

[edit] Present

Further expansion leads to incorporation of KGPC Bioenergy (Canada)[2], and construction of approx. 130 million annual liters capacity, bioethanol [3] plant. KGPC Bioenergy innovative ethanol project will provide more than 40 direct full-time skilled jobs. Indirect employment is expected to be in the order of 400 to 600 additional jobs. This will launch the development of new and synergistic relationships with local universities, equipment manufacturers and technology providers in building a strong long-term economic model for the province.

The projected annual production of the KGPC Bioenergy's facility will be more than 130 million liters of fuel ethanol using at least 330,000 tones of low-grade wheat feed stock a year. An additional product is distillers' dried grains (DDG). The amount of this high-quality animal feed base is calculated at 100,000 tones a year.

The plant will be designed and built by Fagen Inc.[4], who in association with Fagen Engineering LLC,(industry leaders) provides complete design-build service.

This project will place KGPC on a leading biofuels production position in Canada, along: