Interview article by Nurluqman Suratman
SINGAPORE (ICIS)--Petrochemical production in the Gulf Cooperation Council (GCC) mostly relies on gas feedstock, which insulates regional players from both adverse and beneficial effects of falling crude prices, the head of the Gulf Petrochemicals and Chemicals Association (GPCA) said on Sunday.
“GCC chemical producers are predominantly gas-based and the types that they use for production have not been deeply affected by the drop in crude oil prices as they are not directly linked,” GPCA secretary general Abdulwahab Al-Sadoun told ICIS.more >>
INSIGHT: Transitory downdraft for global petrochemicals
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