VOL. XL
No. 46
17-November-1997
KUWAIT
Kuwait Inaugurates Equate's $2Bn Petrochemical Plant
The Ruler of Kuwait, Shaikh Jabir al-Ahmad al-Sabah, inaugurated on 12 November the new$2bn petrochemical plant owned by the Kuwait-US joint venture, the Equate PetrochemicalCompany. The firm - owned 45% by the Kuwait Petrochemical Industries Company (PIC), 45% byUnion Carbide of the US and 10% by the Kuwaiti private shareholding firm BubiyanPetrochemical Company - had started trial runs at the complex...
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