Al-Madi: Competition, low supply destabilize global petrochemical prices

30/10/2014 Argaam

Sabic Chief Executive Mohamed bin Hamad Al-Madi said global petrochemical prices have seen instability due to high competition and low supply.


He stressed the importance of investing in shale gas to face high local demand of gas and feedstock.
 

Sabic is mulling investment opportunities and partnerships on the US market, Al-Madi told Al-Hayat newspaper.

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