EQUATE resumes operations at Ethylene Unit in Kuwait
KUWAIT: The EQUATE Group, a global producer of petrochemicals, announced the successful restart of its Ethylene Unit 2 (EU2) in Kuwait, following a brief shutdown for technical reasons during last week.
EQUATE Group’s President & CEO Mohammad Husain said, “Operations at our EU2 have resumed normally in record time following repairs. Both the Ethylene Glycol (EG) and Polyethylene (PE) plants in Kuwait have returned to the usual production levels as they were impacted by the temporary shutdown of EU2.”
The EU2 has a production capacity of 850,000 metric tons annually (MTA) and is owned by The Kuwait Olefins Company (TKOC), part of the EQUATE Group.
The dedication and efforts of EQUATE Group’s employees were lauded by Husain as operations were resumed within a timeframe less than the originally planned two weeks and in absolute abidance to safety standards. The EQUATE Group is a global producer of petrochemicals and the world’s second largest producer of Ethylene Glycol (EG).
The Group has industrial complexes in Kuwait, North America and Europe that annually produce over 5 million tons of Ethylene, EG, Polyethylene (PE) and Polyethylene Terephthalate (PET). The products are marketed throughout Asia, the Americas, Europe, the Middle East and Africa. The EQUATE Group’s shareholders include Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). The Group is a leading enterprise that pursues sustainability wherever it operates through partnerships in fields that include the environment, economy and society.
The EQUATE Group includes EQUATE Petrochemical Company (EQUATE), its subsidiaries and The Kuwait Olefins Company (TKOC).