MEGLOBAL
Ground-breaking ceremony for Texas MEG plant
The new facility in Freeport is due on stream in 2019 (Photo: Equate)
MEGlobal (Dubai / United Arab Emirates; www.meglobal.biz) has officially broken ground on its new 750,000 t/y MEG plant in Freeport, Texas / USA (for previous coverage, see Plasteurope.com of 30.03.2016). The facility is due to be completed in 2019, and will utilise the “Meteor” process of former parent Dow Chemical (Midland, Michigan / USA; www.dow.com), which is currently building a 1.5m t/y ethane cracker at the site, output of which will help feed MEGlobal’s plant.

The US group last year sold its stake in MEGlobal to Equate (Safat / Kuwait; www.equate.com), which in turn is a joint venture operated by Dow and Petrochemical Industries Company (PIC, Sabahiya / Kuwait; www.pic.com.kw) – see Plasteurope.com of 27.10.2015.

Commenting on the investment – which Equate says is the first by a Kuwaiti petrochemicals company in the US – Equate CEO Mohammad Husain said, “The new plant will enable us to meet rising demand for ethylene glycol throughout the world, especially in the USA and Asia.” MEG is used in PET and polyester fibres, among others.
16.08.2016 Plasteurope.com [234818-0]
Published on 16.08.2016
MEGlobal: Grundstein für große MEG-Produktion in TexasGerman version of this article...

© 2001-2019 Plasteurope.com  |  Imprint  |  Privacy

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2019 by Plasteurope.com, Bad Homburg
Date of print: 19.09.2019 04:01:10   (Ref: 386481928)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp