Industrial gas in the Middle East is a hot topic. The gases business has a great deal to offer industry in the region, especially at a downstream level where added value is the sought-after premium.
The eyes are very much on the prize downstream, as investment to create more added value for a barrel of oil is pondered.
While the oil rich nations were prospering as the price of oil rocketed last year, the trend wasn’t sustained and the companies recognised the need to invest further down the chain, in petrochemical projects for example.
All of which requires increased gas and input from the industrial gas community itself.
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