Equate to complete PE expansion by end-Jan '09

03 December 2008 08:13  [Source: ICIS news]

SINGAPORE (ICIS news)--Equate Petrochemical Co plans to complete its polyethylene (PE) expansion at its facility in Shuaiba, Kuwait, by end-January 2009, a source close to the company said on Wednesday.

"Ethylene feedstock for the PE expansion will be procured from the new 850,000 tonne/year ethane cracker which started up last week," the source said, referring to the new Olefins II cracker project.

Equate will increase the capacity of its existing 600,000 tonne/year high density PE (HDPE)/linear low density PE (LLDPE) swing plant by 50%.

Equate is a joint venture that includes Kuwait's Petrochemical Industries Co (PIC) and US chemical major Dow Chemical, with each owning a 42.5% stake. The remaining stake is held by local investors.

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By: Prema Viswanathan
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