EQUATE Group takes Eth­yl­ene Unit off­line

Kuwait Times - - LOCAL -

The EQUATE Group, a global pro­ducer of petro­chem­i­cals, said yes­ter­day that it is tak­ing an un­planned shut­down of its Eth­yl­ene Unit 2 (EU2) in Kuwait due to a tech­ni­cal is­sue. The EU2 has a pro­duc­tion ca­pac­ity of 850,000 met­ric tons an­nu­ally (MTA) and is owned by The Kuwait Olefins Com­pany (TKOC), which is part of the EQUATE Group. The out­put of other units, such as Eth­yl­ene Gly­col (EG) and Poly­eth­yl­ene (PE) in Kuwait, was also im­pacted by this de­vel­op­ment. EQUATE Group’s Pres­i­dent and CEO, Mo­ham­mad Hu­sain said, “We are cur­rently con­sid­er­ing all the de­tails and our pre­lim­i­nary as­sess­ment sug­gests re­sum­ing nor­mal op­er­a­tions in about two weeks. Our pri­or­i­ties are sim­ple, which are the safety of ev­ery­one and re­sum­ing op­er­a­tions at the ear­li­est.”

Mo­ham­mad Hu­sain

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