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EQUATE Petrochemical Company (Equate)

Equate is a Kuwaiti Shareholding Company incorporated in the State of Kuwait on 20 Nov 1995 and began production in November 1997. Equate plant complex was officially inaugurated by H.H. Sheikh Jaber Al-Ahmad Al-Jaber Al-Sabah, the former Amir of state of Kuwait.

Equate is value-based organization committed to achieving its vision through best business practices and international standards. It engaged in manufacture and sale of Ethylene Glycol (EG) and Polyethylene (PE). Equate also operates and maintains other plants on behalf of other entities.

Shareholders

Shareholders %

PIC

42.5%

Dow Chemical Company

42.5%

Boubyan Petrochemical Company

9%

Qurain Petrochemical Industries Company

6%

Equate Plants :- Equate owns one of the best petrochemical production complexes worldwide in terms of the technology employed, production efficiency and safety standards at Shuaiba industrial area, Kuwait. During Jun 2009, Equate has increased its polyethylene (PE) production capacity by 225 KT/Year after completing polyethylene expansion project as a part of the successful Olefins-II Mega Project.

Product Production capacity T/year

Ethylene

800,000

Ethylene Glycol

400,000

Polyethylene

800,000
  • Ethylene used in producing the Ethylene Glycol and Polyethylene.
  • Ethylene Glycol used in a variety of products including fibers, films and bottles. It is also widely used in the manufacture of automotive antifreeze
  • Polyethylene used in packaging films, trash bags, high-strength shipping sacks, grocery sacks, and blow-molded bottles or containers

Operated Facilities:- In addition to its owned plants, Equate operates and maintains the following plants on behalf of its owners.

Plants Owners

Ethylene-II plant

The Kuwait Olefins Company (TKOC)

Ethylene Glycol-II plant

The Kuwait Olefins Company (TKOC)

Styrene plant

The Kuwait Styrene Company (TKSC)

Aromatic Complex

Kuwait Aromatics Company (KARO)

Polypropylene plant

Petrochemical Industries Company (PIC)

 



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