Middle East & Africa

SINGAPORE (ICIS)–Southeast Asia’s polyethylene (PE) market ended a turbulent year in 2020 with major price increases but early 2021 fundamentals suggest shipping costs and feedstock prices are…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

BARCELONA (ICIS)–Major new coronavirus lockdowns in China could threaten demand for chemical imports, and hurt industrial production of products for local consumption and export. China lockdowns…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–The Gulf Cooperation Council’s (GCC) chemical industry is projected to post a 15-20% revenue growth in 2021, reversing the contraction of more 20% last year, on the back of higher…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

The Gulf Petrochemical Association (GPCA) annual meeting planned for February has been cancelled as the coronavirus pandemic worsens globally, the industry group said on Monday. European butyl…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Saudi Arabia is building a new zero-emissions city at its proposed NEOM economic zone in the country’s northwest, as part of its plan to diversify its economy and move away from…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–With Saudi-led Gulf Cooperation Council (GCC) members restoring relations with Qatar, polyethylene (PE) and polypropylene (PP) processors in Saudi Arabia can now supply products to…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–Petrochemicals companies’ fortunes have improved over the past three months as demand has strengthened and prices increased. The short-term outlook before the turn of 2021 was largely…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–The ICIS Petrochemical Index (IPEX) continued to climb in December, increasing by 6.54% for the month, tracking price increases for most of the major petrochemical and plastics…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Saudi Arabia, the UAE and Bahrain effectively ended their 3.5-year dispute with Qatar after signing a pact late on Tuesday aimed at strengthening the six-member Gulf Cooperation…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–Click here to see the latest blog post on Asian Chemical Connections.  Pedal-to-the-floor electric battery innovation means that every oil demand forecast will have to be revised…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east