Equate Delays Shuaiba Projects Start-Up to Q3 ’09
02 February 2009 08:42 [Source: ICIS news]
By Bohan Loh
SINGAPORE (ICIS news)--Equate Petrochemical Co (Equate) has announced on Monday another delay in the start-up of its Shuaiba, Kuwait projects to the third quarter of 2009.
This is the fourth time since October 2008 that Equate will be pushing back the expansion of its polyethylene (PE) facility in Shuaiba.
Last month, the company said the project start up would be delayed to May 2009 due to contracting problems.
The capacity of Equate’s high density PE (HDPE) /linear low density PE (LLDPE) swing plant was supposed to be increased 50% to 900,000 tonnes/year under the plan.
Equate is a joint venture between Kuwait's Petrochemical Industries Co (PIC) and US chemicals major Dow Chemical, with each owning a 42.5% stake.
The company added that Kuwait Aromatics’ (KARO) 820,000 tonne/year paraxylene (PX) and 395,000 tonne/year benzene units at the same site would also be delayed to the third quarter of the year from the previously targeted June 2009.
By Bohan Loh
SINGAPORE (ICIS news)--Equate Petrochemical Co (Equate) has announced on Monday another delay in the start-up of its Shuaiba, Kuwait projects to the third quarter of 2009.
This is the fourth time since October 2008 that Equate will be pushing back the expansion of its polyethylene (PE) facility in Shuaiba.
Last month, the company said the project start up would be delayed to May 2009 due to contracting problems.
The capacity of Equate’s high density PE (HDPE) /linear low density PE (LLDPE) swing plant was supposed to be increased 50% to 900,000 tonnes/year under the plan.
Equate is a joint venture between Kuwait's Petrochemical Industries Co (PIC) and US chemicals major Dow Chemical, with each owning a 42.5% stake.
The company added that Kuwait Aromatics’ (KARO) 820,000 tonne/year paraxylene (PX) and 395,000 tonne/year benzene units at the same site would also be delayed to the third quarter of the year from the previously targeted June 2009.
The PX produced at the site is intended for exports, while the benzene output will be used for captive purposes by Kuwait Styrene’s ethylbenzene and styrene monomer (SM) plant that is due to come on-stream in the second half of 2009
Source: www.ICIS.com
