F&S to invest $150 billion in Saudi petchem industry
Riyadh - Arabstoday
The Kingdom of Saudi Arabia (KSA) is clearly leading the way towards diversification and manufacturing of value-added products along the petrochemical chain. Frost & Sullivan (F&S) expects $150 billion Investments likely in the Saudi Petrochemicals Industry.While historically the GCC region has been the home for primary petrochemicals, Frost & Sullivan expects atleast 10-15 new petrochemical and specialty products being manufactured in the region for the first time, driven by KSA based companies. According to Frost & Sullivan, this may have two major implications.
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Paris - Emiratesvoice
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