Direct Investments

  • The Kuwait Olefins Company

     

    The Kuwait Olefins Company was established in 2005 by PIC (42.5%), Dow Chemical (42.5%), BPC (9%) and Al-Qurain
    (6%). The new company is simply an extension of Equate, whose existing facilities will be expanded to result in an
    increase in the production capacities of the current products. Therefore the optimum capacity will be attained with a
    minimal capital investment.
    It is expected that construction will be completed and hence trial operation with the new expanded capacity is expected
    during the fourth quarter of 2008.

     

     

    The Kuwait Olefins Company was established in 2005 by PIC (42.5%), Dow Chemical (42.5%), BPC (9%) and Al-Qurain (6%). The new company is simply an extension of Equate, whose existing facilities will be expanded to result in an increase in the production capacities of the current products. Therefore the optimum capacity will be attained with a minimal capital investment.

    Commercial operation started during the forth quarter of 2008