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Industry Notes

Global Chemicals – Implications of Middle Eastern cost escalation, feedstock shortages and declining exports

08/16/10 -

Global Chemicals – Implications of Middle Eastern cost
escalation, feedstock shortages and declining exports
· Dramatic cost escalation being witnessed amongst most Middle Eastern producers
· Iranian trade sanctions may virtually shut down petrochemical exports
· Legacy ethane contracted ME producers and US ethane based producers best placed

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