Southeast Asia Lures More Projects

Multinationals and Locals Invest in the Region’s Petrochemical Industry Southeast Asia is seeing a surge in petrochemical investments, driven by the region’s fast-expanding economies, improved infrastructure, competitive manufacturing costs, and its proximity to other emerging markets such as China. The growth pattern differs between countries, however, analysts say. “We are seeing strong growth in the petrochemical industry across the [Southeast Asian] region driven by strong GDP growth,” says Paul Harnick, global COO/chemicals and...

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