17 April 2007 11:06 [Source: ICIS news]
SHANGHAI (ICIS news)--Surplus Middle East polyolefin capacity will plug shortfalls of 2.7m tonne/year in western Europe and 2.2m tonnes/year in the US in 2010, a Middle East distributor said on Tuesday.
Khoury was speaking on the sidelines of the third ICIS Asian Polymers conference in
“Even major Middle East suppliers are not very well acquainted with marketing practices in Europe and N
However, only the bigger distributors with storage facilities and financial muscle will be able to make the best use of this opportunity, he said. “The new market reality in 2010 will call for strong logistics and supply chain capabilities and also technical support and market development capabilities,” he added.
The two-day conference ends on Tuesday.
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