Equate has started construction for its MEG unit in the US. The work will be in full phase in the second half of this year. According to company sources the plant is expected to start up in 2019.
The plant will be operated by Dubai-based MEGlobal, which became a fully-owned subsidiary of EQUATE in late 2015 after acquiring the joint venture company from Kuwait-based Petrochemical Industries Company (PIC) and US’ Dow Chemical.
The technology being used in the project is Dow’s technology. The engineering, procurement and construction (EPC) contract is awarded to US energy and petrochemicals engineering firm Jacobs in November 2016.
