MEGlobal completes Oyster Creek MEG plant

Dubai-based MEGlobal International FZE, a subsidiary of Kuwait’s first international petrochemical joint venture Equate Petrochemical Co., has inaugurated subsidiary MEGlobal Americas Inc.’s monoethylene glycol (MEG) plant that recently completed construction at Dow Chemical Co.’s currently expanding Oyster Creek petrochemical complex in Freeport, Tex. (OGJ Online, Nov. 16, 2016).

The 750,000-tonne/year MEG plant, which also will produce diethylene glycol, is scheduled to begin shipping finished product by November, MEGlobal said.

Fluor Corp. completed mechanical construction on the project, including installation of equipment, steel, and piping for the MEG process unit (OGJ Online, Mar. 27, 2018).

“This is a major achievement for the Equate Group and will benefit both Kuwait and the US,” said Ramesh Ramachandran, Equate’s president and chief executive officer.

“With a growing global market for ethylene glycol (EG) products, it will provide us with greater flexibility to satisfy our customers’ needs while capitalizing on the US shale gas opportunity. This site builds on our global footprint and is part of our strategy to grow our value-added business as a leading EG producer and supplier,” Ramachandran added.

First announced in March 2016, the grassroots MEG plant comes as part of MEGlobal’s program to create greater flexibility to satisfy grown demand for ethylene glycol products in the US and Asia-Pacific markets, as well as strategy to expand the company’s global footprint (OGJ Online, Mar. 28, 2016).

Equate Petrochemical is an international JV of Kuwait’s state-owned Petrochemical Industries Co., 42.5%; Dow, 42.5%; Boubyan Petrochemical Co., 9%; and Qurain Petrochemical Industries Co., 6%.

Contact Robert Brelsford at [email protected].