Dec 22 2009 |
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EQUATE declares start-up of KPPC's new Aromatics Complex
With the value of USD 2 billion
EQUATE Petrochemical Company officially announced on Tuesday December 22, 2009, the beginning of commercial operations of Kuwait Paraxylene Production Company's (KPPC) Aromatics Complex.
Producing Paraxylene (PX) and Benzene (BZ), KPPC 's state-of-the-art USD 2-billion complex is located in Kuwait's Shuaiba Industrial Area. The current capacities are 829,000 metric tons annually (MTA) of PX and 393,000 MTA of BZ.
Commenting on this achievement, KPPC 's Chairman & CEO Mahmoud Al-Qattan said "This is a major milestone for KPPC 's customers, shareholders and the entire energy sector as it brings for the first time new major aromatic petrochemical facilities in Kuwait."
The complex's PX output will be marketed by PIC in selected markets, while the BZ will be used locally for the production of Styrene Monomer (SM) by The Kuwait Styrene Company (TKSC).
EQUATE Petrochemical Company
is the single operator of Greater
EQUATE
, which includes
KPPC
, TKSC and The Kuwait Olefins Company (TKOC).
-End-
For additional information, contact:
Ali Y. Al-Hamad
Tel: (+965) 2576-5661
Mob: (+965) 9722-8611
E-mail: alhamaay@equate.com
© Press Release 2009
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