A+ A-

Q8 expanding in Europe - KPI VP

Vice President of the Kuwait Petroleum International (KPI), or Q8, Khaled Al-Mushaileh
Vice President of the Kuwait Petroleum International (KPI), or Q8, Khaled Al-Mushaileh

Nawab Khan

BRUSSELS, May 3 (KUNA) -- Vice President of the Kuwait Petroleum International (KPI), or Q8, Khaled Al-Mushaileh, has said that Q8 is expanding in Europe by acquiring more assets and business.
"In Europe, we have acquired assets in Italy and Luxembourg. In Belgium in the last quarter we acquired retail and direct business. We are also growing in Spain and the UK. This is our ambition to grow business in Europe and to go for the most profitable business," he told KUNA.
On Monday, Al-Mushaileh attended the inauguration of a new blending plant in the Belgian port city of Antwerp.
"This new Q8 blending plant is one of the biggest in Europe. This event is a sign of our growing business in Belgium," he said.
"This is a plant for which everybody is very proud. We demolished the old plant and built the new one with a capacity for 125 million liters per year that can be expanded to 250 million liters," said the KPI's top official in Europe.
"We are supplying to our different customers in Europe and outside Europe," he noted. (end) nk.hb