22 March 2007 21:49 [Source: ICIS news]
HOUSTON (ICIS news--Ethylene capacity in the Middle East will triple between 2006 and 2012, an industry analyst said on Thursday.
"We expect in excess of 20m tonnes new capacity to start up by the end of 2012, taking capacity in this region above that in ?xml:namespace>
Most of the capacity addition will be in
He refuted some suggestions that project delays in the region may mitigate the next industry downturn expected in 2009.
"This is another myth we would like to break. With the exception of
Investment in the
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