Emerging Companies

The petrochemical industry’s center of gravity is shifting eastward to the Mideast and Asia, bringing with it a clutch of world-class producers based in developing countries. They are emerging as serious rivals to established industry leaders in North America, Western Europe, and Japan. These new players fall into two categories: firms producing petrochemicals from low-cost oil and gas in the Mideast, such as Sabic (Riyadh) and National Petrochemical Co. (NPC; Tehran); and companies based in the fastest-growing markets of Asia/Pacific, such as Reliance...

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