Middle East market insight: The race to dominate the emerging LAB markets

Two world-scale plants will soon be on stream in the Gulf Cooperation Council region, with owners Farabi and ADNOC/CEPSA targeting the burgeoning markets of the India Ocean basin and southeast Asia.

In this market insight, ICIS takes a look at how the added capacity is expected to put downward pressure on markets, even though linear alkyl benzene prices are firming due to increasing oil and benzene prices.

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