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Kuwait’s Equate breaks ground for new MEG plant in US

by ChemOrbis Editorial Team - content@chemorbis.com
  • 11/08/2016 (13:58)
According to a press release on the company’s website, Kuwait’s Equate Petrochemical Company broke ground for a new MEG plant in Freeport, Texas, US, thereby becoming the first Kuwaiti petrochemical company to invest in the US.

The new plant is expected to have a production capacity of 750,000 tons/year while it is scheduled to be completed in 2019. Kuwait’s current MEG production capacity exceeds 2 million tons per year.

Equate’s President & CEO Mohammad Husain reported that the new facility will benefit from low cost advantaged shale-gas, strategic location, feedstock availability and operational excellence. He also added that the new plant will enable the company to meet rising demand for MEG throughout the world, especially in the USA and Asia.
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