12/22/2011

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SAUDI ARABIA/KUWAIT: Qurain Petrochemical targets Jubail for PTA & PET production plants

QPIC expects to build units for the production of 1-million t/y of PTA and 800,000 t/y of PET, using locally available paraxylene as feedstock.

The company said it is "progressing ahead with the development of the billion dollar petrochemical complex,” and has appointed IHS Inc. "to advise on the planning and development of the scheme.”

Earlier this year (Apr. 2011), QPIC and United Industries Co. announced the receipt of all required permits for construction of Kuwait's first PTA and PET project. The capacities, specific location and project schedule were not given.

Source: Weekly "PetroChemical News", Durham, NC, USA; 19 Dec 2011

(Syed Rashid Ali, Karachi, Pakistan)

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