Petrochemicals
July 2019

Big oil and gas players in the Middle East are lining up mega projects that could shift the landscape of global petrochemicals from 2025 and beyond.






July 2019

Polyethylene capacity in the Middle East is expected to increase from 20.80 metric tonnes per annum (mtpa) in 2018 to 28.52 mtpa in 2023, at an average annual growth rate (AAGR) of 6.3 per cent, said GlobalData, a leading data and analytics company. Among countries, Iran’s capacity will add around 5.54 mtpa by 2023.






July 2019

The global plastics and rubber industry has continued to achieve annual growth rates of between 4 per cent and 5 per cent since the turn of the millennium, with the Middle East witnessing phenomenal expansion in its polymerization capacities along with the Asia-Pacific region.






Tags