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Regions :: Middle East :: Oman
GCC petchems capacity to rise by 50% by 2020
10:04 AM MDT | April 23, 2013 | Natasha Alperowicz
Petrochemicals and chemicals capacity in the Gulf Cooperation Council (GCC) states is forecast to reach 191.2 million m.t./year by 2020, a 50% increase from the 127.8 million m.t./year in 2012, according to the Gulf Petrochemicals & Chemicals Association (GPCA; Dubai). The numbers were announced in GPCA’s annual update of its petrochemicals and chemicals database. Driving the growth is Saudi Arabia, which is expected to add 40.6 million m.t./year of additional capacity by 2020. Qatar and the United Arab Emirates are in second and third place and...
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