Increased capacity and convolutions will drive growth at EQUATE.

Increased capacity and convolutions will drive growth at EQUATE, says Hamad Al-Terkait, president and CEO of EQUATE. The company has raised capacity of its webwork at Shuaiba, Kuwait by 23% to 850000 m.t./year, for ethylene; through 25%, to 500,000 m.t./year, for ethylene glycol (EG); and by way of 15%, to 500,000 m.t./year, for polyethylene (PE) since its start-up in 1997 EQUATE has sales of $700 million-$800 million/year, split evenly between EG and PE Al-Terkait says. The company awaits to grow by increasing its capacity 6%-7%/year between the walls of 2008, he says. ...

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