Middle East Economic Survey
VOL. LII
No 35
31-Aug-2009
SAUDI ARABIA
Saudi Petrochemicals Outlook Promising Despite Recent Problems, Says Samba
The collapse in global demand for industrial chemicals has eaten into the profitability of the Saudi petrochemicals sector, while the squeeze on bank credit has led to a number of smaller projects being put on hold, according to Samba Financial Group. Nevertheless, in the late August report Saudi Petrochemicals Sector: Current Situation And Future Prospects,...
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