Kuwait’s Equate signs deal for water recycling plant
The plant will reduce the company's water consumption.
September 29, 2010 9:20 by Reuters
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)