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GPCA: Mideast Chemicals and Petrochemicals Capacity to Grow by 6.6%/year in Next Five Years

5:11 AM MST | December 15, 2011 | Natasha Alperowicz in Dubai

The second day of this year’s GPCA Forum focused on the challenges and opportunities that exist in the Mideast as feedstocks become scarce and companies strive to develop value added manufacturing operations, enter new fields and, in the process, create job opportunities. Abdulwahab Al Sadoun, secretary general of GPCA, in his opening remarks said that following three decades of “exceptional growth”, which was based on access to low cost natural gas feedstock and focused on commodity products, the Mideast petrochemicals industry forms a...

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