29 November 2012 09:19 [Source: ICIS news]
DUBAI (ICIS)--Kuwait’s EQUATE is planning to debottleneck its production capacities with the aim to start commercial operations in 2015, the company's CEO Mohammad Husain said on Thursday.
"We are already conducting a study to look at the debottlenecking so we are looking to maximise whatever it is possible from the existing facilities," Husain said on the sidelines of the 7th GPCA Forum held in Dubai on 27-29 November.
The company's production facilities in Shuaiba, Kuwait, includes a 825,000 tonne/year high density polyethylene (HDPE)/liner low density polyethylene (LLDPE) swing plant and a 550,000 monoethylene glycol (MEG) unit.
All of its plants are currently running at above 100% of capacity, according to Husain.
The company has yet to determine the size of the expansions through the debottlenecking project or finalise which facilities will picked for debottlenecking, he said.
"We are primarily looking at our ethylene, polyethylene and glycols [plants]," he added.
EQUATE will not be making a major investment in 2013 as it will be concentrating on its plans to debottleneck its existing facilities, Husain said.
EQUATE is a joint venture between Petrochemical Industries Co (PIC), Dow Chemical, Boubyan Petrochemical Co (BPC) and Qurain Petrochemical Industries Co (QPIC).
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