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GPCA 2013: Mideast in a period of transition

2:14 PM MST | November 19, 2013 | Natasha Alperowicz in Dubai

The Gulf Petrochemical and Chemical Association’s (GPCA; Dubai) annual forum, attended by more than 1,800 delegates, kicked off in Dubai today with networking and an industry seminar presented by IHS Chemical. Sanjay Sharma, managing director/Middle East and India at IHS Chemical, says that new feedstock allocations to companies in the region have decreased and that feedstock pricing policy is uncertain. Also, governments within the Gulf Cooperation Council have shifted to favor chemical subsidiaries of national oil companies or their joint ventures with...

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