Regions eye growth abroad

Kovac, Matt
May 2007
ICIS Chemical Business;5/7/2007, Vol. 2 Issue 65, p12
Trade Publication
This article presents updates on the chemical industry. Consultant Oliver Gawad says that acquisitions are vital for Saudi Arabia or other Gulf Cooperation Council states to ensure economic reach and success at least over the medium term. In China meanwhile, companies such as Sinopec and PetroChina are likely to continue with their focus of adding capacity to local petrochemical operations, while forming joint ventures overseas to secure upstream oil and gas feedstock.


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