NEW PETROCHEMICAL INVESTMENTS CONTINUE TO RISE IN THE MIDDLE EAST

New petrochemical investments are increasingly based on liquid feedstocks in several Middle Eastern countries. Some of the biggest commodities dealt within this sector include gas, oil, napha, mixed gas or liquid feedstock. These come in place of natural gas as an exclusive commodity.

The feedstock advantage is expected to start to erode in North American regions over the next few years. This is because the new ethylene cracking capa....