Foster Wheeler Ltd. has been awarded an engineering, procurement and construction supervision contract by The Kuwait Olefins Company ("TKOC") for a grassroots ethylene-glycol unit (EG2 Project) to be built at Shuaiba Industrial Area, Kuwait. TKOC is a joint-venture company with the majority shareholders being Petrochemical Industries Company ("PIC") a wholly owned subsidiary of Kuwait Petroleum Corporation, and Dow Europe Holding B.V., a wholly owned subsidiary of The Dow Chemical Company.
The new world-scale EG2 unit, with a total capacity of 600,000 metric tpa, is part of TKOC's planned Olefins II ethylene and derivatives complex. It will use Union Carbide's METEOR(TM) ethylene oxide/ethylene glycol process technology. It is scheduled to be complete by Q2-2008.
14-Mar-06 
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