REGIONAL/ GCC
 
GCC Petchems Sector ‘Thriving’ With 5.5% Growth For 2012
 
Petrochemicals production capacity among Gulf Cooperation Council (GCC) countries grew by 5.5% in 2012 to almost 128mn tons, according to the Gulf Petrochemicals and Chemicals Association.
 
In its 2012 annual report the Gulf Petrochemicals and Chemicals Association (GPCA) says: “In contrast to the slowdown in global chemical production due to recession in Europe,...