VOL. XLVII

No 17

26-April-2004

GCC

GCC States Well Positioned To Meet Chinas Future Polyethylene Deficit, Says Mady

By 2005, China will have the worlds only regional polyethylene deficit of 4.5mn tons and GCC states are well positioned to meet it, according to Muhammad al-Mady, president and CEO of Saudi Basic Industries Corporation (SABIC), in a speech to the International Petrochemical conference in San Antonio, Texas on 29 March. In 2002, Mr Mady said, Chinas polyethylene consumption...