Friday, February 11, 2011

Rapid increases in petrochem capacities in Saudi Arabia, mainly in commodity chemicals over the medium-term

While Saudi Arabia will be the focus of commodity chemicals expansion over the medium-term assisted by plentiful low cost domestic ethane feedstock availability, its dependence on Chinese demand and llack of diversification into high value products will remain significant weaknesses going forward, according to BMIs latest Saudi Arabia Petrochemicals Report.

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