Kuwait Studies PTA and PET Investment plans

Kuwait Aromatics Co. (Karo) is studying plans to develop a project downstream from the company’s recently completed para -xylene plant at Shuaiba, Kuwait. Karo is a joint venture in which Petrochemical Industries Co. (PIC; Safat, Kuwait) and Kuwait National Petroleum Co. (KNPC) each hold 40%, and Qurain Petrochemical Industries Co. (Kuwait City) has the rest. “Karo and its shareholders are currently examining a downstream project that involves using Kuwait Para-xylene Production Co.’s (KPPC) p -xylene as feedstock,” says Karo chairman...

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