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Gulf petchem producers tying up with overseas for projects and acquisitions

Related Keywords: developing a project becomes more global, Gulf petrochemical producers mainly based in Saudi Arabia, in nature and the choice of location, need to be closer to customers, petrochemical projects and acquisitions, regional gas shortage, target more international players

Gulf petrochemical producers mainly based in Saudi Arabia due to regional gas shortage and the need to be closer to their customers will target more international players for petrochemical projects and acquisitions, experts said. Developing a project becomes more global in nature and the choice of location to invest in becomes one of being close to, either other low-cost centres for feedstocks or the markets.

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