Equate resumes Kuwait ops, feedstock supply restored

29 April 2009 12:17  [Source: ICIS news]

EquateSINGAPORE (ICIS news)--Kuwait’s Equate Petrochemical has resumed operations at its plants in Shuaiba after restoring feedstock supplies “to their previous levels”, the company said in a statement on Wednesday.

The statement added that “operations are back to normal”, without elaborating.

Several sources close to the company said natural gas supply had been restored this week and was being fed to the downstream petrochemical units, which include two crackers and facilities producing monoethylene glycol (MEG) and polyolefins.

The company was forced to reduce operations at Shuaiba in early April after a feedstock shortage relating to a “fire” at an adjacent liquefied petroleum gas (LPG) unit.

It was earlier reported that one cracker was consequently shut while the other one was operating at much-reduced rates. The total ethylene output from the two crackers is 1.7m tonnes/year.

Downstream of the crackers are two MEG units with capacities of 400,000 and 600,000 tonnes/year, a 600,000 tonne/year high density polyethylene (PE)/linear low density PE swing unit and a polypropylene line.

US major Dow Chemical and Kuwait’s Petrochemical Industries Co (PIC) each own a 42.5% stake in Equate, with investment firms Boubyan and Qurain holding the remaining 9% and 6% respectively. PIC is a wholly-owned subsidiary of Kuwait National Petroleum Co (KNPC).

Bohan Loh and Peh Soo Hwee contributed to this article
For more on MEG visit ICIS chemical intelligence
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By: Salmon Aidan Lee
+65 6780 4359

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