Home Saudi's SABIC says can cope with more petrochemicals competition
 

Keywords :   


Saudi's SABIC says can cope with more petrochemicals competition

2016-01-18 12:58:52| Chemicals - Topix.net

RIYADH: Saudi Basic Industries Corp can adapt to any new petrochemicals supply entering the market from outside the kingdom, its acting chief executive said on Monday, as Iran's release from sanctions promises increased global oil supply. Petrochemical companies in the kingdom have been struggling with falling oil prices, both as product prices are closely linked to crude and cheaper oil erodes the competitive advantage which Saudi manufacturers accrue over non-oil producing nations due to subsidised energy and feedstock.

Tags: competition cope petrochemicals saudis

Category:Chemicals

Latest from this category

All news

26.11ROSS VersaMix Multi Shaft Mixers are for Complex Formulations
26.11PPG Completes Sale of Silicas Products Business to QEMETICA
26.11¦nie¿ka Among Leaders of Sustainable Development in Poland
26.11Solvay Unveils Climate and Water Projects in Brazil with HRH Princess Astrid of Belgium
25.11PPG Recognized in Newsweeks Americas Greenest Companies List
25.11Axalta Wins Another Distinguished R&D 100 Award for Innovation
25.11Dunn-Edwards CEO Karl Altergott to Retire, COO Monte Lewis is Successor
25.11Global Market Insights: Auto Refinish Coating Market $17.79 Billion by 2032
Chemicals »
26.11yuma 1~60
26.11 GARMIN Approach S20
26.1135130
26.11HOTEL4 DVD-BOX
26.11 VHS
26.11 [LP] TRANSFORMER LOU REED
26.11
26.11 M
More »