Tuesday, January 27, 2009

Petrochemical prices likely to plunge in Saudi Arabia in 2009

The current plunge in petrochemical prices is expected to continue through this year, make a marginal rebound next year, and fully recover by 2011 in Saudi Arabia. It is estimated that the industry wiill regain its position after passing over the current turbulent period in 2011, as discussed in "Future of Saudi Petrochemicals in the Wake of the Global Financial Crisis".

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