Owner

MEGlobal is a wholly owned subsidiary of the EQUATE Petrochemical Company (EQUATE), which is part of the EQUATE Group.

In July 2004, The Dow Chemical Company (Dow) of the United States sold a 50 percent interest in its three Canadian ethylene glycol assets to Petrochemical Industries Company (PIC) of Kuwait. The two companies then placed their respective interests into the 50:50 joint venture, MEGlobal, a company solely focused on the production, sales and marketing of ethylene glycol. In 2015, EQUATE purchased MEGlobal from Dow and PIC.

About EQUATE Group

The EQUATE Group* is a global producer of petrochemicals and the world’s second largest producer of Ethylene Glycol (EG).

The Group has industrial complexes in Kuwait, North America and Europe that annually produce over 5 million tons of Ethylene, EG, Polyethylene (PE) and Polyethylene Terephthalate (PET). The products are marketed throughout Asia, the Americas, Europe, the Middle East and Africa.

The EQUATE Group’s shareholders include Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC).

The Group is a leading enterprise that pursues sustainability wherever it operates through partnerships in fields that include the environment, economy and society.

  • The EQUATE Group includes EQUATE Petrochemical Company (EQUATE), its subsidiaries and The Kuwait Olefins Company (TKOC).