S Arabian Petchem Producers to Face a Dip in Net Income in July-September 2012

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15 Oct 2012 12:06 Helen Clark

CHEMMONITOR.COM – Net profits of the petrochemical industry in Saudi Arabia are likely to reduce in July-September 2012 y-o-y.

Currently, the world petchem market is facing significantly low consumption due to an economic instability in the EU and a weak activity in the Chinese and Indian markets. These factors are one of the main reasons for decreased net profits in the S Arabian petchem market.

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