01 December 2008 09:37 [Source: ICIS news]
The cracker, owned by The Kuwait Olefins Co and operated by Equate, was built to provide ethylene supplies to Equate’s benzene-styrene monomer unit and expanded polyethylene (PE) and monoethylene glycol (MEG) plants.
Equate was increasing the capacity of its existing 600,000 tonne/year high density PE (HDPE)/linear low density PE (LLDPE) swing plant by 50%.
The remaining stake is held by local investors by Boubyan Petrochemicals Co and Qurain Petrochemical Industries Co.
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