17 April 2013 11:22 [Source: ICIS news]
SINGAPORE (ICIS)--EQUATE Petrochemical has signed an agreement with industrial gases firm Gulf Cryo on Kuwait’s second carbon dioxide (CO2) recovery project, the two companies said in a joint statement on Wednesday.
Under the deal, CO2 obtained by Gulf Cryo via a pipeline from EQUATE’s plants will be converted and used for industrial purposes.
The project is an extension of EQUATE’s previous CO2 recovery initiative that was launched in 2008, said EQUATE president and CEO Mohammad Husain in the statement.
“EQUATE’s plants produce commercially viable amounts of gas daily. We capture the gas that contains raw CO2, then filter and purify it at our recovery plant, which is situated close to EQUATE’s manufacturing complex,” Gulf Cryo CEO Naji Skaf said in the same statement.
“This process separates CO2 and other gases to enable us to liquefy pure CO2 which is required in many industries, such as food and beverage, welding and cutting and in the manufacture of dry ice,” Skaf said.
Gulf Cryo is investing on a pipeline in Shuaiba industrial area in Kuwait that will connect its production facilities with EQUATE’s plants.
EQUATE is a joint venture between Kuwait's Petrochemical Industries Co (PIC), the Dow Chemical (Dow), Boubyan Petrochemical Co (BPC) and Qurain Petrochemical Industries Co (QPIC).
Gulf Cryo is a manufacturer and distributor of industrial, medical, food and specialty gases in the Middle East.
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