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http://www.plastemart.com/upload/Literature/Asian-petrochemical-industry.asp
Thursday, August 9, 2007
Margins in growing Asian petrochemical industry likely to come under pressure by 2008
The petrochemical market in China is poised to grow at about 10% while Asia will record a growth of about 6% over the next few years. Asia, on account of robust growth of petrochemicals, is confidently building newer capacities. These capacity additions in Asia are accompanied by massive capacities that are being built in the Middle Eastern region. Four plants in Saudi Arabia and one in Kuwait will add a whopping 4.5 million tons of ethylene production capacity by the end of 2008, and similar amounts of capacity will be added between 2009 and 2010 in the Middle East.
For more details please click on the following link
http://www.plastemart.com/upload/Literature/Asian-petrochemical-industry.asp
For more details please click on the following link
http://www.plastemart.com/upload/Literature/Asian-petrochemical-industry.asp
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