VOL. XXXIX

No. 1

2-October-1995

KUWAIT

PIC's Projected Aromatics Complex Estimated To Cost $1.7Bn

The Chairman and Managing Director of the Kuwait Petrochemical Industries Company (PIC), Mr. Khalid Bu Hamra, said in a press statement on 24 September that PIC is planning to go ahead with the construction on a joint venture basis of an aromatics complex, estimated to cost $1.7bn. The projected plant will be built in three and a half years, and will utilize naphtha from Kuwait's refineries...