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Mideast Challenges and Opportunities

10:26 AM MST | December 15, 2008 | CW Staff

GPCA: Short-Term Forecasts Difficult Amid Market Volatility The short-term outlook for the Mideast and global petrochemical markets remains difficult to assess, due to sharp volatility in feedstock and chemical product prices as well as the ongoing, severe inventory destocking, said producers at the Third Annual Gulf Petrochemicals and Chemicals Association (GPCA) Forum, co-sponsored by CW and held in Dubai earlier this month. GPCA 2008: Nearly 1,000 attendees convened in Dubai to discuss the outlook in the Mideast. The economic crisis is likely to weed out...

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