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MEGlobal to build first ever US MEG plant
25
Mar '17
Monoethylene glycol (MEG) producer MEGlobal plans to construct a new world scale MEG manufacturing facility at Dow’s Oyster Creek site in Freeport, Texas. The facility which will be owned and operated by MEGlobal, is its first manufacturing facility in the United States and will employ approximately 50 workers when it goes on stream in mid 2019.

MEGlobal, which is a wholly-owned subsidiary of Kuwait headquartered Equate Petrochemical Company, will benefit through a long-term ethylene supply agreement with Dow, from its new ethylene cracker.

According to the company, Dow’s new ethylene cracker is part of the existing infrastructure that makes the Dow Texas Operations attractive for locating the new MEG plant on the US Gulf Coast.

"The Oyster Creek site provides MEGlobal with greater flexibility to satisfy our customers’ needs for consistent and reliable delivery of ethylene glycol products, especially in the growing US and Asian markets,” said Ramesh Ramachandran, president, MEGlobal International FZE. (AR)

Fibre2Fashion News Desk – India

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