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MEG
MEG (Monoethylene glycol) is produced by ethylene. Global MEG production in 2024 came in at39.90 mn tons, while global MEG capacity in 2024 was 60.57 mn tons. The major downstream applications are polyester resin, antifreeze etc… The main producers in the world areSABIC,Dow,Sinopec,Shell,BASF,Nan Ya Plastics,Jiangsu Eastem Shenghong Co.,Ltd,Dow lnc,Satellite Chemical Co.,Ltd,Shaanxi Coal and Chemical Industry Group Co.,Ltd,Hengli Group Co.,Ltd,Reliance Industries Ltd,Lotte Corp,etc...
Product Upstream Downstream application Global capacity in 2020 Global production in 2020 Global CUR in 2020 Top list
MEG Ethylene Polyester resin, PET, antifreeze etc. 60.57mn tons 39.90 mn tons 66% SABIC,Dow,Sinopec,Shell,BASF,Nan Ya Plastics,Jiangsu Eastem Shenghong Co.,Ltd,Dow lnc,Satellite Chemical Co.,Ltd,Shaanxi Coal and Chemical Industry Group Co.,Ltd,Hengli Group Co.,Ltd,Reliance Industries Ltd,Lotte Corp,