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Regions :: Middle East

November 24, 2008

Mideast

Petchem Downturn Looms on the Horizon

Robert Westervelt with Lindsey Bewley

The timing of the latest wave of Mideast capacity could be better. Global petrochemical demand is tumbling, dragging pricing and margins with it, just as Mideast producers are set to increase ethylene capacity by nearly 12 million m.t./year in 2008-09, a...

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