Innovative Employer MEGlobal wins award in recognition of sophisticated HR practices implemented

Dubai, United Arab Emirates - 14 February 2012 - MEGlobal, a joint venture of PIC Kuwait and Dow headquartered in Dubai, UAE, a world leader in the manufacture and marketing of ethylene glycol has been recognized as one of the top employers for their effective internal HR policies and practices, overall work atmosphere and social environment, health, financial and family benefits and performance management. "At MEGlobal, we invest in our people, who in turn grow our business, and we all share in the success. Thus I am very proud that we have received this award and MEGlobal has been named as one of Alberta's Top Employers 2012" said Abdullah Al Swailem, Vice President of Administration.  "At MEGlobal people are our most valuable contributors and the company promotes skill development with in-house and online training, supports professional accreditation, and has subsidies for advanced education and global assignment opportunities. Additionally, MEGlobal supports the next generation through an academic scholarship program for employees' children who pursue post-secondary education."

Ensuring professional needs and requirements are prioritized at all times, MEGlobal undertakes an innovative HR program offering career development guidance as well as running regular online certification courses for staff to develop and hone their skills. A company that prides itself in driving numerous CSR (Corporate Social Responsibility) activities in Kuwait, UAE, US and Canada, MEGlobal is extending this approach internally nurturing local talent from within the company, coaching home-grown professionals to become the future leaders of a multi-billion dollar company.

MEGlobal's simplified organization chart features self-managed operations teams and flexible work schedules for many employees. Employee teams interview their future peers to ensure a good fit.  "We promote a working environment where both the individual and the team can have great influence," Al Swailem says. "That environment contributes to employee satisfaction."

As an integral part of the company's culture, MEGlobal regularly rewards their employees as a way to increase levels of morale and promote professional recognition. Recently, all MEGlobal employees received an iPad as a thank you gesture, for the overall company performance in 2010. Raising the bar for other companies in Kuwait, MEGlobal was nominated for a 'Responsible Care' Award in 2011, due to high levels of staff satisfaction and MEGlobal's extensive efforts in investing in their employee development. MEGlobal's HR philosophy is a long-term one which recognizes the importance of its workforce and the role they play in ensuring the company's success and longevity going into the future.

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About MEGlobal
MEGlobal™ is a world leader in the manufacture and marketing of merchant monoethylene glycol and diethylene glycol, collectively known as ethylene glycol (EG). Headquartered in Dubai, United Arab Emirates, MEGlobal markets approximately 3.5 million metric tons of EG per year which is used as a raw material in the manufacture of polyester fibers, polyethylene terephthalate resins (PET), antifreeze formulations and other industrial products. With approximately 250 employees worldwide, MEGlobal operates production facilities in Fort Saskatchewan and Red Deer in Alberta, Canada. MEGlobal is a 50:50 joint venture between The Dow Chemical Company and Petrochemical Industries Company (PIC) of Kuwait. Further information can be found at www.meglobal.biz.

© Press Release 2012