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Article: KUWAIT - The Equate Complex.
- Article from:
- APS Review Downstream Trends
- Article date:
- June 4, 2001
CopyrightCOPYRIGHT 2001 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The olefins complex at Shuaiba, an expanding industrial zone south of Kuwait City, began full production on Nov. 12, 1997. It was the largest downstream project involving foreign investment in the Gulf since the 1991 war. It is owned by two companies: (1) Equate, a 50-50 JV of PIC and Union Carbide Corp. (UCC) of the US which runs the complex and holds 90% in it; and (2) Bubiyan Petrochemicals Co., a $50m Kuwaiti joint stock company which holds the remaining 10%.
Equate in 1999/00 increased its operating capacity for ethylene from a nameplate 650,000 to 800,000 t/y. Polyethylene capacity was raised to 600,000 t/y, from 450,000 t/y. Ethylene glycol ...