The Saudi Arabian petrochemicals industry is suffering pressure on margins from higher costs and a heavy maintenance turnaround schedule, although some segments saw an improvement in prices. Altogether, the effects of capacity outages and start-ups in H113 tightened the polyethylene terephthalate (PET) and, to a lesser extent, olefins markets, but led to a net gain in ethylene glycol (EG), polypropylene (PP) and polyethylene (PE). In Q113, Saudi petrochemicals major Sabic faced a loss in profitability owing to turnarounds at some MEG, PET and LLDPE plants as well as ethylene and propylene units. However, the company said that an improvement in …
Order / Buy a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=111050.
Complete report details with Table of Contents and more @ http://www.rnrmarketresearch.com/saudi-arabia-petrochemicals-report-q3-2013-market-report.html.