Equate, established in 1995, is a joint venture between Petrochemical Industries Co. (PIC), The Dow Chemical Co., Boubyan Petrochemicals Co., and Qurain Petrochemical Industries Co. PIC and Dow each control 42.5% of the company.
As reported here last month, 13 million tonnes of petrochemical expansion is currently under way in just Saudi Arabia, with additional capacity in other countries throughout the region, continuing the growth noted earlier in our reports. —[email protected]
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