Americas: MEGlobal Released MEG Oct Contract Price Last Weekend
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Freya [2011-05-20]
MEGlobal released Oct contract price of MEG last weekend after SABIC announced its Oct contract price.
MEGlobal s Oct Contract price rose slightly by $40/ton from $870/ton in Sept to $910/ton (CFR), which was $10/ton higher than SABIC s.
Established in 2004, MEGlobal is a joint venture between The Dow Chemical Company of the United States, and Petrochemical Industries Company (PIC) of Kuwait. It is a world leader in the manufacture and marketing of merchant monoethylene glycol and diethylene glycol.