LATEST NEWS
EQUATE Announces Financial Results For Second Quarter, 2020
31 Aug 2020Kuwait, August 31, 2020 – The EQUATE Group, a global producer of petrochemicals and the second largest producer of ethylene glycol in the world, today announced its second quarter (Q2) 2020 earnings, reporting $159 million in EBITDA – a 31% decrease from $231 million in Q2 2019, and $693 million in revenue, a 16% decrease […]
EQUATE receives Global Award of Merit for MEGlobal “BookraMEG” Oyster Creek Project
11 Aug 2020OYSTER CREEK, TX – The EQUATE Group has added a new global award to its list of accomplishments, as the MEGlobal BookraMEG Oyster Creek Project has been named an Award of Merit winner in the Power/Industrial category of the ENR Best Project Awards of 2020. The world-scale 750,000 metric-ton-per-annum monoethylene (MEG) glycol and di-ethylene glycol […]
MEGlobal “BookraMEG” Oyster Creek Project named Best Project Winner – Texas and Louisiana – by Engineering News-Record
30 Jul 2020OYSTER CREEK, TX – The EQUATE Group is proud to announce that the MEGlobal BookraMEG Oyster Creek Project has been named the 2020 Best Project in the Industrial/Energy category by ENR Texas & Louisiana. The project – nicknamed “BookraMEG” (meaning “future MEG”) – is a world-scale 750,000 metric-ton-per-annum monoethylene (MEG) glycol and di-ethylene glycol facility […]