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EQUATE Completes Polyethylene Expansion Project

Source: www.gulfoilandgas.com 6/15/2009, Location: Middle East

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EQUATE Petrochemical Company announced the completion and successful start-up of its Polyethylene (PE) expansion project.

The latest piece of Greater EQUATE increases EQUATE’s overall PE production capacity to 825,000 metric tons annually (MTA) of High Density PE (HDPE) and Linear Low Density PE (LLDPE) resins.

Commenting on this achievement, EQUATE’s Senior Vice President Dan Gibbs, said “This project will boost EQUATE’s standing as a world class player in the polymers industry.”

While noting that the project was completed safely and in line with set plans, Gibbs added “Such an achievement was only possible due to the hard work and dedication of the project personnel including contractors.”

EQUATE Marketing Company (EMC), EQUATE’s sole PE outlet, will market all production from this unit and will be directing sales throughout its marketing channels.

On his part, EMC’s President Adel Al-Munifi said “In accordance with its strategy as a market player, the expansion is aimed at boosting EQUATE’s position in servicing key customers.”

Al-Munifi added “This expansion will increase the output of EQUATE’s current grade slate of superior quality HDPE products.”

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