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KUWAIT: CONSTRUCTION PLANS FOR PROPOSED LARGE-SCALE PETROCHEMICAL COMPLEX, PETROCHEMICAL...

PROJECT OVERVIEW

The local PETROCHEMICAL INDUSTRIES CO. (PIC), a subsidiary of KUWAIT PETROLEUM CO. (KPC), reportedly expects increasing regional demand for ethylene and polyethylene. As a result, the company recently completed a project feasibility study regarding the possible construction of a new large-scale petrochemical complex.

According to Saad Ali al-Shuwaib, PIC Deputy Chairman, the manufacturing base under consideration could have an installed production capacity of 650,000 tons per year (t/y) of ethylene and 450,000 t/y of polyethylene. If the

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