Friday, December 16, 2011

An increase in number of anti dumping cases likely as petrochem prices dip in 2012

Lowering of petrochemical prices in 2012 could see a spate of antidumping proposals initiated against petrochemical producers in the Middle East, as per Hamad Al Terkait, President and CEO of Kuwait EEquate Petrochemical Company ahead of the GPCA meet, as per Platts
2012 is likely to see strong competition between producers in the Middle East and Asia as products from newly started up plants hit the Asian markets.

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