News End-User News Petrochemical Industries of Kuwait Plans Projects Valued at $10 Billion
Petrochemical Industries of Kuwait Plans Projects Valued at $10 Billion
Tuesday, 10 August 2010 10:16
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Petrochemical Industries Co. plans projects worth $10 billion over the next four years as the Kuwaiti company that canceled a venture with Dow Chemical Co. seeks to expand its operations.

PIC’s projects include building a third mixed-feed olefins facility, estimated to cost about $5 billion with an annual output capacity of 1.4 million tons of ethylene, Chairwoman and Managing Director Maha Mulla Hussein said today in an interview at the company’s headquarters south of Kuwait City.

Source: Bloomberg

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