MEGlobal Announces ACP for August 2015
Dubai, U.A.E.—July 13, 2015

MEGlobal announced its August 2015 Asian Contract Price (ACP) for monoethylene glycol (MEG) of US$1000/MT CFR Asian main ports for arrival August 2015. In making this announcement, MEGlobal offered the following observations on the current market situation. The August 2015 ACP reflects the short term supply/demand situation in the Asian market.

About MEGlobal
MEGlobal™ is a world leader in the manufacturing and marketing of ethylene glycol (EG) products. Established in July 2004, the company is a joint venture between The Dow Chemical Company and Petrochemical Industries Company of Kuwait. With approximately 200 employees worldwide, MEGlobal serves customers around the world, and has production facilities in Fort Saskatchewan and Prentiss in 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 on the company, visit www.meglobal.biz.

For Editorial Information:

Wael Allahou
Sr. Corporate Communications Executive
Office:  +965 2576 5664
Mobile: +965 9726 3657
Email: allahowy@equate.com