Mideast: Diversification is the Name of the Game

November 2010
Chemical Week;11/29/2010, Vol. 172 Issue 29, p32
Trade Publication
The article focuses on the diversification of the portfolios of chemical companies in the Gulf Cooperation Council (GCC) away from basic petrochemicals toward downstream products and processing industries. Among the factors contributing to the appeal of GCC countries as places to invest in downstream sectors are advantaged raw materials and growing domestic demand. In Saudi Arabia, favored projects are those with the potential to diversify and strengthen its economy. The investments being made by Sabic in the performance chemicals business are noted.


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