Future
Projects
Olefins II
Petrochemical Industries Company of Kuwait, (PIC), a wholly
owned subsidiary of Kuwait Petroleum Corporation, and The Dow
Chemical Company (Dow) are working to construct a new ethylene
and derivatives complex in Kuwait, referred to as the Olefins
II project. The project builds on the successful business relationship
in EQUATE Petrochemical Company between PIC and Union Carbide
Corporation (UCC), a wholly owned subsidiary of Dow. Following
the groundbreaking ceremony in March 2005, the Olefins II project
is being constructed on the site adjacent to EQUATE. EQUATE
will manage, operate and maintain the Olefins II facilities.
The Olefins II project encompasses three specific elements:
- A 850,000 metric ton Ethane cracker, owned by The Kuwait Olefins
Company (TKOC)*
- A 600,000 metric ton Ethylene Oxide/Ethylene Glycol plant using
UCC's METEOR™1 Ethylene Oxide Technology, also owned by
TKOC
- Expansion of the existing capacity of 600,000 metric ton per
annum for Polyethylene by 225,000 per annum, using UCC's UNIPOL™
Polyethylene technology
In addition to Olefins
II, PIC and Dow are building an Ethylbenzene/Styrene Monomer
unit of 450,000 metric ton per annum. This plant, owned by
The Kuwait Styrene Company (TKSC)**, will be supplied with
Ethylene from Olefins II and Benzene from the Aromatics complex.
The Aromatics complex is being built by Kuwait Aromatics Company.
* TKOC is a JV between Dow Europe Holding (42.5%), Petrochemical
Industries Company of Kuwait (42.5%), Boubyan Petrochemical
Company (9%) and Al Qurain Petrochemical Industries QPIC (6%).
™ Trademark of The Dow Chemical Company ("Dow")
or an affiliated company of Dow
1 - Trademark of Union Carbide Corporation or Union Carbide
Chemicals & Plastics Technology Corporation
** TKSC - a JV between Dow Europe Holding (42.5%) and Kuwait
Aromatics Company (57.5%).
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