The Equate Group, a global producer of petrochemicals, today (July 10) announced that it is making an unplanned shutdown of its Ethylene Unit 2 (EU2) in Kuwait due to a technical issue.
 
The EU2 has a production capacity of 850,000 metric tonnes annually (MTA) and is owned by The Kuwait Olefins Company (TKOC), which is part of the Equate Group, said a statement.

The output of other units, such as ethylene glycol (EG) and polyethylene (PE) in Kuwait, was also impacted by this development, it said.
 
Mohammad Husain, president and CEO, Equate Group, said: “We are currently considering all the details and our preliminary assessment suggests resuming normal operations in about two weeks.”

“Our priorities are simple, which are the safety of everyone and resuming operations at the earliest,” he added.
 
Equate Group is the world’s second largest producer of ethylene glycol (EG).It has industrial complexes in Kuwait, North America and Europe that annually produce over 5 million tonnes of ethylene, EG, polyethylene (PE) and polyethylene terephthalate (PET). – TradeArabia News Service