VOL. XLIV

No 45

5-November-2001

GENERAL

CapacityBuild-Up Threatens Profitability Of Middle East Petrochemicals

Theoutlook for profitability in the Middle East petrochemicals industry is murky,according to Andrew Spiers, Principal, Chem Systems. Mr Spiers told the recentMEED-sponsored Petrochemicals in the Middle East conference in London on26 September that the cyclical peak for profitability in the region would bepushed back to mid-2004 because of a number of factors: a massive build-up of...