TITLE

Mideast: Diversification is the Name of the Game

AUTHOR(S)
ALPEROWICZ, NATASHA
PUB. DATE
November 2010
SOURCE
Chemical Week;11/29/2010, Vol. 172 Issue 29, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
56523731

 

Related Articles

  • Riyadh leads projects spending. BAXTER, KEVIN // MEED: Middle East Economic Digest;10/25/2013, Vol. 57 Issue 43, p32 

    The article reports on the developments in the petrochemicals industry, particularly in the Middle East region, as of late October 2013. Regional projects tracker MEED Projects claimed that Saudi Arabia is the most active country in the Gulf Cooperation Council (GCC) in terms of petrochemical...

  • Economic growth is top priority for WEF. Cheok Soh Hui // ICIS Chemical Business Americas;5/7/2007, Vol. 271 Issue 18, p16 

    The article reports on the World Economic Forum of government and company leaders from Middle East countries in Jordan. The agenda of the forum focused on industry diversification, job creation and economic growth in the Middle East. Diversification of oil and gas companies of the Gulf...

  • GCC petrochemical investments to reach $160 billion by 2016.  // Chemical Business;Jan2012, Vol. 26 Issue 1, p66 

    The article discusses the plan of Gulf Cooperation Council (GCC) member states to invest 50.3 billion U.S. dollars in the petrochemical sector until 2016 to increase output by 53 million tons per year to 158 million tons by 2016.

  • Petrochemicals.  // MEED: Middle East Economic Digest;10/10/2014, Vol. 58 Issue 41, p25 

    The article focuses on the challenge facing the petrochemical producers in the Gulf Cooperation Council member countries to deal with the declining share in the global market for ethylene and its derivative chemicals.

  • WELCOME. Al-Sadoun, Abdulwahab // ICIS Chemical Business;11/16/2015, Special section p2 

    The article presents information on the special section "GPCA Insight" of the journal which includes interview of H.E. Abdullatif Al Othman, governor and chairman of SAGIA, and Neil Chapman, president of ExxonMobil Chemical and challenges and opportunities for the petrochemical industry of the...

  • ANALYSIS: GCC petrochemicals profits up. WATTS, MARK // MEED: Middle East Economic Digest;11/30/2012, Vol. 56 Issue 48, p11 

    The article analyzes the economic success of the Gulf Cooperation Council's (GCC) petrochemicals sector following the third fiscal quarter of 2012. Topics include how increased profits at companies like Sabic, Safco, and Industries Qatar (IQ) helped the industry financially, predictions for the...

  • Mideast Industry at a crossroads. ALPEROWICZ, NATASHA // Chemical Week;11/10/2014, Vol. 176 Issue 28, p19 

    The article suggests the need for petrochemical firms in the Middle East, particularly member states of the Gulf Cooperation Council (GCC), to review their expansion strategies and consider diversification amid regional shortage of gas supply. It highlights the downstream activities of Sabic,...

  • Mideast petchem players wary of rift. Fadhil, Muhamad // ICIS Chemical Business;3/17/2014, Vol. 285 Issue 11, p16 

    The article reports on the threats posed by political rift to the trade between the member countries of the Gulf Cooperation Council (GCC) in 2014. Topics covered include the recall of foreign ambassadors in Saudi Arabia, Bahrain and the United Arab Emirates (UAE), state of business in Kuwait...

  • A mirage of riches. Richardson, John // ICIS Chemical Business;2/18/2008, Vol. 273 Issue 7, p26 

    The article reports that a selective approach to financing petrochemicals in the Middle East could make trouble for the smaller private companies. Qatar and Abu Dhabi are the only two Gulf Cooperation Council countries with enough ethane to meet petrochemical growth ambitions. In Qatar, however,...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics