The economic and technical feasibility study (FS) by M/s Advisian for the Olefins IV project in Kuwait is being evaluated. The project aims at setting up a petrochemical complex to produce ethylene, polyethylene, ethylene glycol and specialized petrochemical products.
The process of JV Partner selection is ongoing. The complex will utilize the competitively available Ethane feedstock from Kuwait. The Commissioning of the complex is planned to start in 2028.