Petrochemical Industries Company (PIC), established by an Amiri
Decree issued on July 23, 1963, to develop the ammonia and nitrogen
fertilisers industry in Kuwait.
Petrochemical derivatives constitute one of the main building
blocks of the modern industrial economy. The markets exponential
growth in recent years has led PIC to embark upon several ambitious
projects for state-of-the-art petrochemical production in Kuwait.
Over the years, PICs plants have undergone expansion and
new plants have been installed for the production of liquid ammonia
with total capacity of 858,000 metric tonnes/year and three urea
plants with total capacity of 792,000 metric tonnes/year. In 1997,
the Company started a polypropylene plant with an annual capacity
of 100,000 metric tonnes.
Polypropylene is a highly versatile material with a vast range
of industrial uses -- from plastic rope and string to transparent
wrapping material, or moulded plastics used by the automobile
industry in the manufacture of bumpers, dashboards and other components.
In July 1995, PIC, Dow and Boubyan Petrochemical Company formed
a joint venture called EQUATE Petrochemical Company to build a
new US $ 2 billion state-of-art petrochemical complex at Shuaiba
Industrial Area which was commissioned in late 1997.
For more information, visit www.pic.com.kw
|