Kuwait's Qurain Petrochemical Industries Company will be expanding its presence in the petrochemical business with two upcoming plants producing purified terephthalic acid (PTA), and polyethylene terephthalate (PET) with combined cost of US$ 700 million.
It will be a joint venture with United Industries Co with the new JV company to be called United Petrochemical Company.
Labels: Kuwait, Middle East, PET, Plant, PTA