Global Expansion
To meet ever-increasing worldwide demand for first-rate petrochemical products, EQUATE’s shareholders and Kuwait National Petroleum Company (KNPC) completed a multi-billion dollar expansion project in 2009 which greatly increases the production capacities of PE and EG. What’s more, EQUATE is the single operator of three new petrochemical companies, which are:
- The Kuwait Olefins Company (TKOC)
- The Kuwait Styrene Company (TKSC)
- Kuwait Paraxylene Production Company (KPPC)
Emerging as Greater EQUATE, this multi-billion global scale venture has also introduced Kuwait’s first-ever SM, PX and BZ production units, all at the same location and under a unified operational umbrella managed by EQUATE.
Greater EQUATE JV
EQUATE as Single Operator
| Company |
Shareholders |
Products |
Capacity |
Marketing Outlet |
| EQUATE |
PIC 42.5%
Dow 42.5%
BPC 9%
QPIC 6% |
PE
EG |
825,000
550,000 |
EMC
MEGlobal |
| TKOC |
PIC 42.5%
Dow 42.5%
BPC 9%
QPIC 6% |
EG |
600,000 |
MEGlobal |
| TKSC |
KARO 57.5%
Dow 42.5% |
SM |
450,000 |
EMC |
| KPPC |
KARO 100%
|
PX
BZ |
829,000 393,000 |
PIC
Not for commercial sales. Used only for SM production. |
PIC PP Plant
(Operated by EQUATE) |
PIC 100% |
PP |
140,000 |
PIC |
KARO
(Not operated by EQUATE) |
PIC 40%
KNPC 40%
QPIC 20% |
All production of KARO is done by KPPC. |
- All capacities are metric tons annually.
- Ethylene is only used as feedstock, not for sale.
- KARO: Kuwait Aromatics Company.
|