Saturday 20 September 2014
 
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petrochemical hub

GCC to become 'global petchem hub'

The UAE and the Gulf countries are set to become one of the world's largest sources of petrochemicals and plastics products as the oil-producing countries invest heavily in downstream petrochemicals, said a news report. According to la

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Saudi poised to become global petrochem hub

Saudi Arabia is set to become the global center of petrochemicals production with no less than 30 new plants scheduled for completion in 2010 - including mega-projects in Al Jubail and Yanbu - and another 40 in the planning phase.

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