Middle East Economic Survey
VOL. XLVII
No 44
1-November-2004
KUWAIT
EPC Bids Sought For PIC/Dow Olefins II Project
The Kuwait Olefins Company has invited bids for an engineering, procurement and construction (EPC) contract for its $1.5bn Olefins II project at al-Shuaiba (MEES, 12 May 2003). The closing date is 16 January 2005. The first phase of the contract, worth around $550mn, involves the construction of an 850,000 tons/year ethylene cracker. The expectation is that the contract will be...
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