Middle East Economic Survey

VOL. LIII

No 49

6-Dec-2010

KUWAIT

Equate Launches Kuwaits First Carbon Capture Project

Kuwait-US joint venture Equate Petrochemicals Company on 28 November launched the emirates first carbon capture project. The Green Carbon Project, valued at $65mn, will recover 450 tons/year of CO2 for use in downstream industries. The facility, which is expected to begin operations in 2012, will be constructed by Kuwait-based Greencarbon Company at Shuaiba and linked to Equates...