PLASTICS PRODUCTION CAPACITIES SET TO RISE TO OVER 30 MILLION TONS PER ANNUM BY 2015

Second Annual GPCA Plastics Summit Focused on Technology and Innovation announced for 4-6 April 2011 Dubai, UAE. January 27 2011   The current Gulf production capacities of plastics resins stands at slightly over 18 Million tons per annum, with this figure projected to increase to over 30 Million tons per annum by the year 2015, according to a recent study.   As a result, the Gulf’s global share of key plastic resins (polyethylene and polypropylene) which is currently 13 and 11 percent respectively will increase by 2015 to 18 and 15 percent...

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