GENERAL

OECD Stresses Need to Accommodate New Petrochemical Producers

A new study by the Organization for Economic Cooperation and Development (OECD) has warned that the entry into world markets of new petrochemical producers in North Africa and the Middle East should not be used as a scapegoat by established producers to explain their own failure to adjust to changing conditions.

In an article in the March edition of the OECD Observer based on an OECD report on the petrochemical...