APIC ’08: Equate brings forward MEG plant start-up

27 May 2008 11:50  [Source: ICIS news]

SINGAPORE (ICIS news)--Equate Petrochemical Co plans to start up its 600,000 tonne/year monoethylene glycol (MEG) plant in Kuwait in September instead of year-end, a source at MEGlobal said on Tuesday.

Test runs at the new facility would begin in September and the company targets to achieve full operations by the fourth quarter this year, the source added on the sidelines of the Asian Petrochemical Industry Conference (APIC) on Tuesday.

He declined to explain why the start-up of the plant, part of the Olefins II project, was brought forward.

Dow Chemical and Kuwait's Petrochemical Industries Co (PIC) each holds a 42.5% stake in Equate, with Boubyan Petrochemical Co holding 9% and Qurain Petrochemical Industries Co 6%.

MEGlobal is a 50/50 joint venture of Dow Chemical and PIC. 

MEG is used in the manufacture of polyester fibre and yarns and polyethylene terephthalate (PET) chips.

For more on MEG visit ICIS chemical intelligence
ICIS custom publishing and The Chemical Daily have produced an official, 84-page special publication on Asian petrochemicals for the APIC event
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By: Hong Chou Hui
+65 6780 4359

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