Tuesday 17, December 2013 by Matthew Amlôt

Investments in Saudi Arabia's Plastics Sector exceed $50 billion

Saudi Arabia has emerged as one of the more attractive investment destinations for petrochemicals and plastics in the Middle East, even during the global economic slowdown. Recent studies reveal that total investments in the plastics sector have reached $50 billion, affirming the strength of the market. Furthermore, the petrochemical industry is determined to achieve a production capacity of over 100 million tons per annum by 2015 to maintain Saudi Arabia's position as one of the largest producers of petrochemical products.

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