Mideast Advance

While the region may not be entirely immune from the global recession, the Mideast continues to advance its position as the world’s export hub for petrochemicals. A decade ago, Mideast imports and exports of primary petrochemicals—polyethylene, polypropylene and para -xylene—were balanced, Stephen Pryor, president of ExxonMobil Chemical, noted in a speech to the Gulf Petrochemicals and Chemicals Association (GPCA) Forum, co-organized by Chemical Week, in Dubai last week. World trade in these products has doubled...

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