Loading…
Canada Kuwait Petrochemical let a contract to Heartland Canada Partners for engineering, procurement and construction of the PDH unit at its proposed $4.5 billion integrated propane dehydrogenation and polypropylene complex in Sturgeon County, Alberta. Commercial service is expected in second-half 2023.
SKC Co. will spin off its PO and PG operations and form a joint venture with Kuwait's Petrochemical Industries Company (PIC) worth $1.2 billion. SKC will own 51% and sell the rest to PIC, with the JV also taking a 45% stake in SKC Evonik Peroxide Korea.