Kuwait Petrochemical Industries Company and Wanhua Chemical Group Announce Joint Venture Collaboration
2025-04-27 / Read about 0 minute
Author:小编   

Kuwait Petrochemical Industries Company and Wanhua Chemical Group have officially inked a joint venture agreement, wherein Kuwait Petrochemical has acquired a 25% equity stake in Wanhua Chemical (Yantai) Petrochemical for a substantial investment of US$638 million. This partnership encompasses a state-of-the-art facility dedicated to the production of high value-added chemicals, notably propylene oxide and tert-butanol.