The Olefins II project consists of an Ethan Cracker unit, Ethylene Glycol production unit, as well as an expansion to the existing EQUATE Polyethylene production unit. The cracker unit converts the Ethane feedstock into the desired Ethylene that is utilized as a raw material for other processes and units. The Ethan Cracker unit is designed to annually produce 850,000 Tons of FMEE. In parallel, Ethylene from the cracker is supplied to the Ethylene Glycol production unit. This unit is designed to have an annual production capacity of 650,000 tons of FMES. The Ethylene Glycol could be used in the production of other petrochemical end-products as well as in the production of fiber Polyester. Lately, there has been a high global demand for Ethylene Glycol in markets around the world especially in the East and South East Asian markets, which show an attractive growth in the demand for such a product.

The other part of the Olefins II project would be the expansion of the Polyethylene production activities. The designed process would annually increment 300,000 Tons of FMES to the existing EQUATE production of 600,000 Tons. Polyethylene has a variety of industrial applications, especially in the packaging industry. There is a continuous growth in the demand on Polyethylene in global markets. The Olefins II project is expected to commence production in January 2011.