Asian Chemical Connections
Saudi Arabia's petrochemical competitive advantage will be significantly eroded if ethane feedstock prices are increased, said Jamal Malaikah, president and chief operating officer of National Petrochemical Industrial Co (NATPET).
"Any hike would serve a serious blow to Saudi Arabia's primary petrochemical industry, making it less competitive. The industry will be less profitable, attract fewer investments, and growth will slow down," Malaikah said in an interview with ICIS on the sidelines of the Gulf Petrochemicals & Chemicals Association (GPCA) Plastics conference in Dubai.
INSIGHT: Potash market on recovery path following rollercoaster ride
"Suppliers estimate global deliveries of potash in the first six months of 2014 at 32.5m-33m tonnes, which is nearly 10-15% higher than the same perio
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