Kuwait-based Equate Petrochemical Company (Equate) has issued a new estimate for when its Ethylene Glycol (EG) unit will come back online after the unit caught fire last month
In an previous statement, Equate had said that the unit would return to operations in September 2012, but has now confirmed that it will not return to full operations until at least mid-November 2012.
"This was a change in schedule from what was issued on 2 August, which had stipulated that the 550,000 MTA EG Unit will be back online within approximately six weeks from the fire that took place on July 31st, 2012," read a new statement from the firm.
Equate is the single operator of the fully integrated manufacturing facility that produces more than five million tonnes of petrochemical products annually that are marketed throughout the Middle East, Asia, Africa and Europe.
Equate is a joint venture between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC).
