The Business Year

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KUWAIT - Energy & Mining

Alaa Hassan

Owner & CEO, EPSCO Global General Contracting Co.

Bio

Alaa Hassan is an entrepreneur, with close to 20 years of experience managing and growing small, medium, and large companies in multiple sectors. In addition to establishing EPSCO Global General Contracting for Building in 2014, she also founded EPSCO Global General Trading in 2016 in partnership with Qurain Petrochemical Industries. Alaa is also CEO of Chemikuwait for Chemical Industries. She holds a bachelor’s degree in industrial and management engineering and has completed MIT Sloan+ CSAIL Artificial Intelligence: Implications for Business Strategy Program. She also holds an MBA in energy and sustainability from University of Cambria in conjunction with Robert Kennedy College.

"Our main project is our bioethanol factory to produce grade 99.8 bioethanol that can be used as an additive that will help reduce CO2 emissions."

What projects or initiatives is EPSCO Global General Contracting Co. currently involved in, and what are their goals and significance?

Our main project is our bioethanol factory to produce grade 99.8 bioethanol that can be used as an additive that will help reduce CO2 emissions. We can also use it for a charter fuel for the airplanes. Our second project is a tire recycling factory, where we produce the downstream pipeline, plant pot, ground rubber TDF, mesh powder, and more. The third initiative, which will come online soon, is the production of thermoplastic elastomer (TPE), which is an important product for the production of any items made of plastic. Our fourth project is in the construction area, a tower in Hessa Al-Mubarak District. This in a prime location, and we will build a tower with 22 floors with a penthouse and apartments. We will use trees and plants that will benefit both residents and the environment. There will also be water amenities. The design is focused on being healthy and sustainable. We will use many smart technology features and sustainable solutions and ideas. We will use a new and high-tech provider to ensure this building is fully sustainable. The other focus area of our group is oil, where we strive to use new technologies for protection and exploration. We have brought in new technology, mostly from Europe, that companies use for exploration and drilling services. We also use special chemicals that minimizes damage to wells.

What kind of clients or what kind of usage can you put bioethanol to work in Kuwait?

In Kuwait, we had an opportunity to present our project to KNPC, and while it expressed genuine interest in our project, it needed some time to thoroughly evaluate it. Currently, our production capacity stands at 100,000 liters per day, though KNPC has expressed a demand for 600,000 liters daily to cater to the Kuwait market. Achieving this level of production would require us to establish a larger plant and acquire additional land, which is a significant challenge. Meeting this demand necessitates a substantial investment.

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