…and projects face more delays

Kovac, Matt
March 2007
ICIS Chemical Business;3/5/2007, Vol. 2 Issue 56, p16
Trade Publication
The article reports on the continued delays expected by petrochemical plants in the Gulf as new projects grapple with a shortage of skilled labor and rising costs. A senior European engineering group executive said that contractors in Saudi Arabia pushed costs up by as high as 25 percent because of a tight labor pool. Despite the rise in costs, experts said that delays will trend towards months rather than years for the majority of projects in the Gulf.


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