Dow METEOR™ Technology Selected for New MEGlobal MEG Production Facility on the U.S. Gulf Coast
July 08 2016 - 9:00AM
Business Wire
The Dow Chemical Company (NYSE: DOW) today announced that
MEGlobal, a wholly-owned subsidiary of EQUATE Petrochemical
Company, has undertaken a competitive evaluation process and has
selected Dow METEOR™ Ethylene Oxide/Ethylene Glycol (EO/EG) Process
Technology and METEOR™ EO-RETRO Catalyst to construct its
monoethylene glycol (MEG) production facility on the U.S. Gulf
Coast – its first manufacturing unit in the U.S.
“We are very pleased that MEGlobal selected Dow’s EO/EG
technology and catalyst for its first U.S. MEG facility,” said Faye
Miller, Dow global commercial director, Licensing & Catalysts.
“This is state-of-the-art technology for a world-class facility,
and we expect MEGlobal to reap the many rewards that come from
Dow’s catalyst technology and the unique process simplicity that is
the hallmark of the METEOR process.”
Dow’s METEOR™ Technology is the industry leading, low capital
technology for world-scale EO/EG manufacturing facilities. It
combines a high activity and high selectivity catalyst with a
streamlined process design that results in lower capital and energy
cost, high raw material efficiency, excellent operational
reliability, and inherent safety and environmental features.
To date, Dow has licensed METEOR™ Technology for plants around
the world with capacities to produce approximately 4.5 million
metric tons per year of ethylene oxide equivalents.
Plans to construct the new 700 kta MEG production facility were
previously announced in March 2016. The unit is expected to come
online in mid-2019. It will be adjacent to Dow’s Oyster Creek site
in Freeport, Texas.
About Dow
Dow (NYSE: DOW) combines the power of science and technology to
passionately innovate what is essential to human progress. The
Company is driving innovations that extract value from material,
polymer, chemical and biological science to help address many of
the world's most challenging problems such as the need for clean
water, clean energy generation and conservation, and increasing
agricultural productivity. Dow's integrated, market-driven,
industry-leading portfolio of specialty chemical, advanced
materials, agrosciences and plastics businesses delivers a broad
range of technology-based products and solutions to customers in
approximately 180 countries and in high-growth sectors such as
packaging, electronics, water, coatings and agriculture. In 2015,
Dow had annual sales of nearly $49 billion and employed
approximately 49,500 people worldwide. The Company's more than
6,000 product families are manufactured at 179 sites in 35
countries across the globe. On June 1, 2016, Dow became the 100
percent owner of Dow Corning Corporation’s silicones business, a
global company with sales of greater than $4.5 billion in 2015, 25
manufacturing sites in 9 countries and approximately 10,000
employees worldwide. References to "Dow" or the "Company" mean The
Dow Chemical Company and its consolidated subsidiaries unless
otherwise expressly noted. More information about Dow can be found
at www.dow.com.
About MEGlobal
MEGlobal is a world leader in the manufacture and marketing of
merchant monoethylene glycol and diethylene glycol (EG).
Established in July 2004, MEGlobal is a wholly-owned subsidiary of
EQUATE Petrochemical Company and is headquartered in Dubai, United
Arab Emirates. With approximately 200 employees worldwide, MEGlobal
serves customers around the world, and has production facilities in
Fort Saskatchewan and Prentiss, Alberta, Canada. EG is used as a
raw material in the manufacture of polyester fibers, polyethylene
terephthalate resins (PET), antifreeze formulations and other
industrial products. For more information,
visit www.MEGlobal.biz.
About EQUATE
Established in 1995 as Kuwait’s first international
joint-venture, EQUATE Petrochemical Company (EQUATE) embodies its
“Partners in Success” slogan through the partnership between
Petrochemical Industries Company (PIC), The Dow Chemical Company
(Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical
Industries Company (QPIC). Commencing production in 1997, EQUATE is
currently the owner and single-operator of several fully integrated
world-class petrochemical units, within the Greater EQUATE
joint-venture, that annually produce over 5 million tons of the
highest quality grades of Ethylene, Polyethylene (PE), Ethylene
Glycol (EG), Polypropylene (PP), Styrene Monomer (SM), Paraxylene
(PX), Heavy Aromatics (HA) and Benzene (BZ). The products are
marketed throughout the Middle East, Asia, Africa and Europe.
Alongside being a leading industrial organization, EQUATE dedicates
its utmost commitment and care to overall sustainability wherever
it operates in cooperation with public and private bodies,
including employees, society and customers, in all relevant fields,
such as human development, environment, education, health and
public awareness. www.equate.com.
®TM Trademark of The Dow Chemical Company (“Dow”) or an
affiliated company of Dow
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version on businesswire.com: http://www.businesswire.com/news/home/20160708005385/en/
The Dow Chemical CompanyKyle Proctor+1 989 636
1331kaproctor@dow.comorSarah Blodgett+1 989 636
9323SSBlodgett@dow.com
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