Middle East Economic Survey

VOL. LII

No 28

13-Jul-2009

SAUDI ARABIA

Trade Spat Threatens Saudi Petrochemicals Producers

A trade spat is brewing between Saudi Arabia and key Asian petrochemicals buyers China and India. Saudi Arabias Advanced Polypropylene Company (APC) announced on 8 July that a number of Indian companies had taken legal action against companies in several other countries including the Kingdom of Saudi Arabia, alleging that the Indian markets have been glutted with the products of...