Middle East companies progress with petrochemicals projects


With a plethora of proposed petrochemicals projects in the pipeline around the world, it’s not inconceivable to think that there could be an increased global growth driver for gases on the horizon.

As the economic downturn hit hard and the global financial scene changed, a number of project developments were thought to be in doubt as banks reined in their financing proposals.

In the Middle East however, it’s thought that a note of optimism is in the air and many companies are still moving onwards with their petrochemical projects.

gasworld has observed keenly, as respected Middle Eastern news agency MEED has delivered a number of encouraging news items from the region.

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