By OGJ editors
HOUSTON, May 15 -- Kuwait Petroleum Corp.'s petrochemical arm Petrochemical Industries Co. (PIC), and the Dow Chemical Co. jointly plan to construct a new ethylene and derivatives complex , Olefins II, in Shuaiba, Kuwait. Work on the project is expected to begin "in the near future," Dow said, with start-up anticipated in early 2007.
Olefins II will have an 850,000 tonne/year ethane cracker and a world-scale, 600,000 tonne/year ethylene oxide-ethylene glycol plant.
Existing polyethylene capacity will be expanded to utilize the additional ethylene. In addition to Olefins II, PIC and Dow expect to build an ethylbenzene-styrene unit of 300,000 tonnes/year supplied with ethylene from Olefins II and benzene from a PIC aromatics project, to be built simultaneously on the site.