MEGLOBAL B.V.

Name

MEGLOBAL B.V.

Legal name

MEGlobal B.V.

Website

https://meglobal.biz

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Short description

MEGlobal B.V. is a fully integrated merchant supplier of monoethylene glycol (MEG) and diethylene glycol (DEG), serving global industrial customers in polyester fibers, PET resins, antifreeze, and industrial applications, with 2.3 million MTA own manufacturing capacity across four North American facilities.

Ownership category

akta.pro rank

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Ethylene Glycol Product Sales: MEGlobal generates revenue through the sale of monoethylene glycol (MEG) and diethylene glycol (DEG) products. The company operates as a merchant supplier marketing over 3.5 million MTA through its own production and supply partners. Pricing is established through Asian Contract Prices (ACP) which reflect short-term supply/demand conditions in Asian markets.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

MEGlobal is a fully integrated supplier of monoethylene glycol (MEG) and diethylene glycol (DEG), collectively known as ethylene glycol (EG). The company manufactures and markets these products globally with over 2.3 million MTA of own manufacturing capacity across four facilities and markets in excess of 3.5 million MTA through its own production and supply partners. MEGlobal supplies industrial customers for applications including polyester fibers, PET resins, antifreeze formulations, and other industrial products.

Product overview

MEGlobal is a fully integrated supplier of monoethylene glycol (MEG) and diethylene glycol (DEG), collectively known as ethylene glycol (EG). The company operates as a merchant supplier with four manufacturing facilities producing over 2.3 million MTA of EG. MEGlobal markets in excess of 3.5 million MTA through its own production and supply partners. The product portfolio centers on MEG (offered in Polyester Grade, Commercial Polyester Grade, Industrial Grade, Low Conductivity Grade, and Antifreeze Grade variants) and DEG (offered in Standard Grade and High Purity Grade variants). MEG serves applications in antifreeze, polyester fibers, PET resins, and industrial solvents, while DEG supplements the portfolio for applications requiring hygroscopicity, lubricants, and low volatility such as plasticizers and grinding aids.

Differentiator

Problem solved

Functional benefit

Products and services

• Monoethylene Glycol (MEG) Basic building block chemical used as a chemical intermediate for resins, solvent couplers, freezing point depression solvents, and humectants. End-use applications include automotive antifreeze and coolants, resins, water-based adhesives, latex paints and asphalt emulsions, electrolytic capacitors, textile fibers, paper and leather. Sold to industrial manufacturers globally.
• Diethylene Glycol (DEG) Colorless, low-volatility, low-viscosity, hygroscopic liquid that supplements the MEG portfolio. Applications requiring hygroscopicity, lubricants and low volatility include drywall joint compound, thermoplastic polyurethanes, emulsifiers, plasticizers, glass- and cement-grinding aids, furniture and shoe polishes, and printing ink. Sold to industrial manufacturers.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• DowcoreStrategic or Co-development Partner · 1 October 2025Dow and MEGlobal expanded strategic ethylene supply agreement for Dow to supply an additional equivalent to 100 KTA of ethylene from its Gulf Coast operations. This strengthens the existing relationship and supply chain integration between the two companies.
• EQUATE Petrochemical Company K.S.C.C.coreStrategic or Co-development Partner · 1 July 2004MEGlobal is a wholly owned subsidiary of EQUATE Petrochemical Company K.S.C.C., which is part of the EQUATE Group. The EQUATE Group is a global producer of petrochemicals and one of the world's largest producers of ethylene glycol (EG), owning and operating industrial complexes in Kuwait, North America and Europe.
• The Dow Chemical Company (Dow)coreTechnology or IntegrationDow is a key supply partner, providing EG products through MEGlobal. Dow, along with its subsidiaries and affiliates, is a leading manufacturer of EG with more than 70 years of experience. MEGlobal markets MEG and DEG manufactured by Dow. Additionally, Dow provides advanced METEOR™ process technology and engineering support for EG manufacturing.
• EQUATE Petrochemicals Company and The Kuwait Olefins Company K.S.C. (TKOC)coreTechnology or IntegrationEQUATE's and TKOC's EG units jointly have a capacity of over 1.2 million metric tons of MEG and DEG per year, combining world class supply chain management with Dow's advanced METEOR™ process technology.

Scale indicators6 records

Recent moves2 records

Expansion highlights4 records

Others

• Reliance Industries Limited:
• EQUATE Petrochemical Company K.S.C.C. EQUATE is MEGlobal's parent company and a global petrochemical group producing ethylene, EG and polyethylene. While not a direct competitor, EQUATE's Kuwaiti and EQUATE Group assets (including TKOC's 1.2M+ MTA of MEG/DEG capacity) supply into the same markets as MEGlobal and shape group-wide strategic decisions.

Broad incumbents

• SABIC: SABIC is a Saudi-headquartered petrochemical leader with large-scale ethylene and ethylene glycol production. As a top global MEG producer with integrated feedstock access, SABIC is a benchmark competitor for MEGlobal in Asian and European merchant markets.
• BASF SE: BASF is a globally integrated chemical major producing ethylene oxide, MEG and DEG alongside a broad petrochemical portfolio. It competes with MEGlobal in merchant EG markets and shares downstream exposure to polyester, antifreeze and industrial customers.
• Sinopec (China Petroleum & Chemical Corporation): Sinopec is China's largest integrated energy and chemicals company with substantial ethylene oxide and ethylene glycol capacity. It competes with MEGlobal across Asian MEG markets and influences regional ACP dynamics.
• Eastman Chemical Company: Eastman is a diversified specialty chemicals producer with ethylene glycol and glycol-ethers offerings serving industrial, antifreeze and polymer customers. While smaller in EG than top integrated majors, it competes with MEGlobal in select industrial-grade MEG/DEG segments, particularly in the Americas.
• LyondellBasell: LyondellBasell is a global polyolefins and chemicals producer with ethylene oxide/ethylene glycol exposure through its intermediates business. As a broad incumbent, it overlaps with MEGlobal on EG supply to polyester and industrial customers in the Americas and Europe.
• Shell plc (Shell Chemicals): Shell Chemicals produces ethylene and ethylene oxide/glycol derivatives from its integrated cracker network. It competes with MEGlobal in merchant MEG supply, particularly into Asian polyester and antifreeze markets.

Direct peers

• INEOS Group: INEOS is a major privately held chemical producer with significant ethylene oxide and ethylene glycol manufacturing. Its merchant EG business and downstream derivatives compete head-to-head with MEGlobal in polyester, antifreeze and industrial end-markets.
• Dow Inc. Dow is one of the world's largest producers of ethylene glycol and provides MEG/DEG supply, METEOR™ process technology and engineering support to MEGlobal. Dow operates back-integrated ethylene crackers and global EG assets that directly compete with and supply MEGlobal, making it both a critical partner and the most directly comparable competitor.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/MEGlobal
• LinkedInlinkedin.com/company/meglobal

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MEGLOBAL B.V.