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.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections