MEGlobal Initiates FEED Study for New MEG Manufacturing Facility
Dubai—December. 16, 2014

MEGlobal is pleased to announce that it has secured board approval to launch a FEED study for construction of a world-scale monoethylene glycol (MEG) manufacturing plant. The plant will be built on the United States Gulf Coast or in Canada and is expected to be on stream in 2018.

About MEGlobal

MEGlobal is a world leader in the manufacture and marketing of merchant monoethylene glycol and diethylene glycol (EG). Established in July 2004, the company is a joint venture between The Dow Chemical Company and Petrochemical Industries Company of Kuwait and is headquartered in Dubai, United Arab Emirates. MEGlobal produces about 1.0 million metric tons per year of EG, and markets in excess of 2.5 million metric tons of EG per year. 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.

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