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
- Commonwealth LNG gets green light to start construction of $13-B, 9.5-MMtpy LNG terminal 5/15
- ARENA to drive Australia's $1.1-B Cleaner Fuels Program 5/15
- Japan’s first green ammonia plant based on KBR’s K-GreeN process now fully operational 5/15
- Repsol's Chairman asserts the role of refining as a strategic industry for Spain and for Europe 5/15
- Hazer and Continental Renewable Ventures sign MoU to explore low-carbon fuels projects in Australia 5/15
- Premiums for Russian ESPO Blend oil weaken on poor Chinese refining margins 5/15
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
