MEGlobal has confirmed plans to build a monoethylene glycol plant on Dow Chemical’s Oyster Creek site in Freeport, Texas, in what would be the firm’s first manufacturing plant in the US. The plant is expected to cost over $1 billion (£700 million) and will employ around 50 new workers once operational in 2019.
Monoethylene glycol is used to make antifreeze, polyester fibres and plastics, including poly(ethylene terephthalate) or PET – commonly used to make plastic drinks bottles. Dow’s new ethylene cracker on the site will supply feedstock for the MEGlobal plant.
MEGlobal president Ramesh Ramachandran, said in a statement: ‘The Oyster Creek site provides MEGlobal with greater flexibility to satisfy our customers’ needs for consistent and reliable delivery of ethylene glycol products, especially in the growing US and Asian markets.’
By Jennifer Newton
Source: Chemistry World
The total contract value is approximately €430 million. The project scope of work entails complete engineering services, equipment and material supply, installation and construction activities and, as an optional part of the scope, commissioning and start up.
Once it has implemented this project, Lenzing will have biological wastewater treatment plants that meet the best available techniques (BAT) quality standard at all its production sites.
The debate over the position of hydrogen in the new energy revolution has come to the fore again thanks to Japan’s hosting of the Olympic Games. But rather than showcasing how green this miracle new fuel is, it has highlighted its many problems.