TKAC Was established to Produce aromatics product from available feed stock in kuwait. The company today is a holding company which owns production facilities at Shuaiba industrial site in Kuwait. TKAC main shareholders are
- Petrochemical Industries Company (PIC), 60%
- Kuwait National Petroleum Company (KNPC) 20%
- Qurain Petrochemical Industries Company (QPIC) 20%
TKAC owns production facilities at the industrial site for the production of Paraxylene and Benzene and styrene monomer.