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.
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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