Jacobs bags contract for MEGlobal's $ 1-bn MEG facility in Texas

The completion of this complex project will help MEGlobal establish a US Gulf Coast presence and expand its position in the monoethylene glycol (MEG) market

Chemicals plant
BS B2B Bureau Dallas, USA
Last Updated : Nov 16 2016 | 5:23 PM IST
Jacobs Engineering Group Inc has received a contract from MEGlobal to provide engineering, procurement and construction management services for a new $ 1 billion monoethylene glycol (MEG) manufacturing facility near Freeport, Texas (USA). MEGlobal, a wholly-owned subsidiary of Equate Petrochemical Company, is the manufacturer and supplier of merchant monoethylene glycol and diethylene glycol (DEG).

“Jacobs’ chemical industry expertise and proven track record were key factors in the selection process. The completion of this complex project will help MEGlobal establish a US Gulf Coast presence and expand its position in the MEG market,” stated Ramesh Ramachandran, president, MEGlobal International FZE of MEGlobal.

This award follows Jacobs’ successful delivery of the facility’s front end engineering package, which incorporates The Dow Chemical Company’s licensed process technology as well as non-process equipment and piping both inside and outside the new facility’s battery limits.

“Our global MEG and local chemical project experience combined with our thorough understanding of the engineering package will contribute significant value and an efficient, high-quality approach to this important project,” said Manuel Junco, senior vice president petroleum and chemicals, Jacobs.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 16 2016 | 5:20 PM IST

Next Story