GCC Polymers Capacity Expansion ‘Tremendous’
Polymers production capacity in the Gulf Cooperation Council (GCC) region reached 23.9mn tons/year in 2012, according to the Gulf Petrochemicals and Chemicals Association (GPCA). The association’s new report, GCC Plastics Industry – Facts and Figures 2012, says this represents a 13% capacity increase over 2011.
“Throughout the past five years,” says the report, “the GCC region...