Gulf Petrochemicals and Chemicals Association, Dubai, United Arab Emirates
Business Trends: A 2024 and beyond outlook for the GCC chemical industry
AI
/ Aromatics
/ Construction
/ Crude oil
/ Economics
/ Environment
/ Management
/ Hydrogen
/ Petrochemicals
/ Polymers
/ Process Optimization
/ Olefins
/ Middle East
The global chemical industry faced a challenging year in 2023. Various factors contributed to sluggish demand growth for chemicals globally, including the European recession, U.S. inflation and a lower-than-expected chemical demand rebound in China. These factors resulted in global chemical market growth of < 1% in 2023, with many producers experiencing lower output.
- 1
- ... 1 pages
Current Digital Edition
Sign up to Receive Our Newsletter
Latest News
- Canada could restrict its oil exports to U.S. if Trump trade war escalates 3/13
- EIA: U.S. crude inventories rise, fuel draws down amid ongoing maintenance 3/13
- TotalEnergies and RWE join forces on green hydrogen to decarbonize the Leuna refinery 3/13
- Gasoline unit at Nigeria's Dangote oil refinery to undergo maintenance in June 3/13
- Indian refiners turn to Latin America, Africa to replace Russian oil in Feb. 3/13
- U.S. propane exports have increased every year since 2007 3/13
Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
