MEGlobal America, a subsidiary of Kuwait-based petrochemicals producer Equate Group, has inaugurated the new Oyster Creek ethylene glycol plant in Oyster Creek, Texas.
The Oyster Creek ethylene glycol plant has a capacity of 750,000 metric tons per annum. The plant will produce monoethylene and diethylene glycol products by capitalizing on US shale gas.
Monoethylene and diethylene glycol products are used in a range of market applications including polyester fibers, polyethylene terephthalate bottles and packaging, antifreeze and coolants, paints, resins, deicing fluids, heat transfer fluids, and construction materials.
Dr. Ramesh Ramachandran – President and CEO of Equate, commenting on the inauguration of the MEGlobal ethylene glycol plant, said: “This is a major achievement for the Equate Group and will benefit both Kuwait and the US.
“With a growing global market for EG products, it will provide us with greater flexibility to satisfy our customers’ needs while capitalizing on the U.S. 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 ethylene glycol producer and supplier.”
Fluor, under a construction contract, undertook the installation of equipment, steel and piping related to the ethylene glycol plant in Oyster Creek.
Naser Al-Dousari – Equate Executive Vice President, commenting on the MEGlobal ethylene glycol plant opening, said: “This is an important milestone in Equate history, adding manufacturing capacity on the U.S. Gulf Coast to satisfy customer needs in the region. Equate’s glycol footprint in the Americas is as large as that in Kuwait. The community in Texas has been very welcoming to this investment and we look forward to being a part of this region.”
