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Kuwait’s Equate signs deal for water recycling plant

The plant will reduce the company's water consumption.

September 29, 2010 9:20 by

Equate Petrochemical Company said on Wednesday it has signed a deal with U.S.-based Aquatech International to build a water recycling plant, part of a company environmental project valued at over $11 million.

Equate said in a statement the plant will reduce the company’s water consumption and cut on carbon emission associated with purifying water. It did not disclose the value of the contract.

Equate is a joint venture between Kuwait-owned Petrochemical Industries Company and U.S. Dow Chemical Company .

(Reporting by Diana Elias; Editing by Reed Stevenson)

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