Honeywell and EQUATE Petrochemical Company, a global producer of petrochemicals, has signed an agreement to enhance the development of innovative technologies to support operations at EQUATE's industrial complexes. EQUATE is Kuwait's first international petrochemical joint venture and the world's second-largest producer of ethylene glycol.
As per the agreement, EQUATE will test newly released Honeywell technologies. The companies will join efforts to analyze EQUATE's needs and create added value through increased productivity and reduced downtime, setting a new standard for the petrochemical industry in the region. Honeywell is a pioneer in automation control, instrumentation and services for the oil and gas; refining; energy; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries.