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Markets :: Basic Chemicals :: Petrochemicals :: Ethylene glycol

EQUATE Readies Huge Petchems Complex

9:36 AM MST | February 2, 2009 | Natasha Alperowicz

Equate Petrochemical Co. (Safat, Kuwait), a joint venture in which Petrochemical Industries Co. of Kuwait and Dow Chemical each hold 42.5% and local companies Boubyan Petrochemical and Qurain Petrochemical Industries hold 9% and 6% respectively, says expansion of its huge petchems complex should be fully onstream in early third quarter of this year. The new manufacturing plants will be run as one entity dubbed "Greater Equate" and include The Kuwait Olefins Co., the Kuwait Styrene Co., and Kuwait Paraxylene Production Co. In August 2008, Greater Equate...

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