Chemical Processing
India's Mono-Ethylene Glycol Production Set to Blossom through 2027
MEG is in demand as a feedstock for products such as polyester fibres and films, coolants, solvents and antifreeze products, among others
Released Thursday, April 21, 2022
Researched by Industrial Info Resources (Sugar Land, Texas)--India's chemical producers are projected to add more than 7 billion pounds per year of mono-ethylene glycol (MEG) production capacity by 2027. MEG is in demand as a feedstock for products such as polyester fibres and films, coolants, solvents and antifreeze products, among others.
Indian Oil Corporation Limited (IOCL) is planning 1.37 billion pounds per year in MEG capacity additions, of which 1.01 billion pounds per year are scheduled to be operational by the end of this year. IOCL plans the remaining 360 million pounds per year to be operational by 2026.
Haldia Petrochemicals Limited plans to add 2.65 billion pounds per year, while Nagarjuna Oil Corporation Limited and Mangalore Refinery & Petrochemicals Limited (MRPL) together is planning to add 617 million pounds per year over the next five years. Reliance Industries Limited (RIL) plans 900 million pounds per year, while a joint venture between Gas Authority of India Limited (GAIL) and Hindustan Petroleum Corporation Limited (HPCL) together are targeting 1.5 billion pounds per year.
Industrial Info is tracking more than US$1 billion worth of active MEG projects across India. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of related project reports.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
/news/article.jsp
false
Want More IIR News Intelligence?
Make us a Preferred Source on Google to see more of us when you search.
Add Us On GoogleAsk Us
Have a question for our staff?
Submit a question and one of our experts will be happy to assist you.
Forecasts & Analytical Solutions
Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.
Learn MoreIndustrial Project Opportunity Database and Project Leads
Get access to verified capital and maintenance project leads to power your growth.
Learn MoreIndustry Intel
-
2026 Regional Chemical Processing OutlookOn-Demand Podcast / Mar. 2, 2026
-
From Data to Decisions: How IIR Energy Helps Navigate Market VolatilityOn-Demand Podcast / Nov. 18, 2025
-
Navigating the Hydrogen Horizon: Trends in Blue and Green EnergyOn-Demand Podcast / Nov. 3, 2025
-
ESG Trends & Challenges in Latin AmericaOn-Demand Podcast / Nov. 3, 2025
-
2025 European Transportation & Biofuels Spending OutlookOn-Demand Podcast / Oct. 27, 2025