Thursday, August 26, 2010

With 10% global capacity by 2014, Saudi Arabia's petrochemical industry to outperform global rivals

The world's lowest input costs have placed Saudi petrochemicals suppliers in an enviable position and are helping them capture global market share. The shift currently taking place to heavier and moree expensive feedstocks will result in slightly higher input costs but this should not greatly harm the competitiveness of the sector.

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