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The MEGlobal wholly-owned subsidiary of Kuwait’s Equate Petrochemical plans a worldscale monoethylene glycol (MEG) plant in Freeport, Texas. The plant will be built in a complex operated by US firm Dow Chemical, which holds equity in Equate.
Dow says the plant will come onstream in mid-2019. A capacity figure has not been given but a worldscale MEG plant built today would likely be able to deliver around 1mn tons/year.
“Establishing MEG production in the US Gulf Coast is an important investment for us,” says Equate president and CEO Muhammad Husain. The company, through MEGlobal, intends to use the Texas plant to target growing ethylene glycol markets in the US and Asia. (CONTINUED - 305 WORDS)