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MEGlobal is a world leader in the manufacture and marketing of monoethylene glycol (“MEG”) and diethylene glycol (“DEG”), collectively known as ethylene glycol (“EG”), it was established in June 2004, as a joint venture between DOW and PIC to become a preferred worldwide low cost supplier of MEG and DEG
Shareholders
| Petrochemical
Industries Company (PIC) |
49.9% |
| Union
carbide Corporation (UCC) |
50.1% |
Facilities:-
MEGlobal has a total annual production capacity of 1,000,000 tones of MEG and DEG,
The main assets of MEGlobal include:
3 EG plants in Alberta, Canada (Fort Saskatchewan and Prentiss I & II)
Marketing rights
MEGlobal is the exclusive distributor for the sales of EG produced by DOW’s production facilities and MEG and DEG produced by EQUATE and TKOC
In aggregate, MEGlobal has reached to an annual amount of sales volume of about 2.8 million tones of MEG and DEG
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