MEGlobal the wholly owned subsidiary of Kuwait’s Petrochemicals Equate Petrochemical will shut down its MEG unit for maintenance turnaround. Equate will be conducting a major turnaround of its MEG unit in the third quarter of 2017. Equate's MEG capacity in Kuwait has a nameplate capacity of 1.2 million mt/year. As a result there will be loss in the production of 70,000 – 1,00,000 mt/year. Due to this turnaround schedule the company will shelve its supply to Middle East, Turkey, India and Pakistan.
