25 September 2007 11:22 [Source: ICIS news]
SINGAPORE (ICIS news)--Kuwait’s Petrochemical Industries Co (PIC) plans to debottleneck its 120,000 tonne/year polypropylene (PP) plant in Shuaiba, by up to 160,000 tonnes/year in the second half of 2008, a source close to the project said on Tuesday.
“There will be 30,000 tonnes/year of propylene available once the ethane cracker comes up, which can be used for the PP expansion,” the source said.
The 850,000 tonnes/year of ethylene from the new cracker would also feed a 300,000 tonne/year polyethylene (PE) expansion and a new 600,000 tonne/year monoethylene glycol (MEG) unit at the same site, the source said.
EQUATE currently has the annual capacity to produce 800,000 tonnes of ethylene, 600,000 tonnes of PE and 400,000 tonnes of MEG.
Dow Chemical and PIC each own a 42.5% stake in EQUATE, with Boubyan and Qurain holding the remaining 9% and 6% respectively. PIC is a fully owned subsidiary of Kuwait National Petroleum Co (KNPC).
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