Message from our Chairman
Gulf Cryo Holding C.S.C has a proud Kuwaiti heritage, dating back to 1953 when we opened the Gulf region's first industrial gases manufacturing plant under the name ‘Kuwait Oxygen and Acetylene Company (KOAC)’. For a Kuwaiti company to survive the turbulences of the marketplace for six decades and to extend its geographical reach to encompass major countries in the Middle East, North Africa and now Europe, it is truly an accomplishment to be proud of.
Our success has been driven by our ability to respond quickly to changing market conditions that often produced many challenges but more importantly created new opportunities for long term growth. Importantly, we continue to make the strategic investments necessary to increase our competitiveness over the long term. We have entered new markets and expanded our global footprint to include Saudi Arabia, Iraq, Oman, Egypt, Turkey and Austria thus increasing our territory to twelve countries.
We have invested in our industrial infrastructure to stay at the forefront of the gases industry but we also continue to invest internally, building on our organisational capabilities by upgrading business development, human resources and safety and quality functions including the establishment of an exceptional internal audit department and ERP system - all with the objective of pursuing excellence.
We have a skilled team of over 1000 multi-disciplined professionals that are guided by the foresight and pioneering vision of the management team and armed with extensive working experience and dedication to the company's success.
Looking ahead into our sixth decade, we will undoubtedly continue to be tested by historical events unfolding across the region but I am convinced that the steps we have taken over the last few years along with the commitment of all our employees and shareholders provides the necessary foundation for successfully meeting those challenges and harnessing exciting opportunities.
We have a focused strategy to continue to expand our global footprint reinforcing and expanding our regional leadership in the MENA region. With the commitment of our team and the confidence of our customers, we look forward to achieving our ambitions.