Tuesday, May 04, 2010

Mega petrochemical projects in the Middle East to boost production

Mega projects in the UAE, Saudi Arabia and other Arab countries will sharply boost the region's petrochemical production in the next few years. Saudi Arabia, the world's oil basin, could become the laargest global petrochemical producer when its output surges to nearly 110 mln tons in 2015, as per a report by the Organisation of Arab Petroleum Exporting Countries (Oapec) as reported in business24-7.

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