According to a report by Al Khobar recently, the Kuwaiti state news agency reported that Kuwait Petrochemical Industries Corporation has signed a contract with U.S. Jacobs Engineering Corporation to implement the project for a planned polypropylene plant co-owned by Kuwait PIC in Canada. Design work.
Kuwait and its neighboring countries, including Saudi Arabia, have been expanding their overseas petrochemical footprint, which will provide them diversified raw materials for growth in this area.
Kuwait Petrochemical Corporation, a joint venture between PIC, a subsidiary of Kuwait Oil Company (KPC), and Pembina Pipeline Company of Canada plans to develop this facility.
Jacobs Engineering, Inc., USA, will be responsible for front-end engineering and design of a propylene and polypropylene facility in Alberta, Canada, which includes identifying project costs and a timeframe, without any disclosure of contract prices.