GCC Petrochemicals Production Capacity Grows 13.5%

Petrochemical production capacity in the Gulf Cooperation Council (GCC) states grew by 13.5% last year, the Gulf Petrochemicals and Chemicals Association (GPCA) says. Production rose to close to 116 million m.t./year in 2011, compared with 102 million m.t./year in 2010. The increase follows major capacity additions across the region, GPCA says.   Saudi Arabia accounted for more than half the $100 billion sales generated by the GCC petchems sector with Sabic posting revenues of $50.6 billion and net profit of $7.8 billion. 2011 marked a year of consolidation...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers