Africa, India ‘promising markets’ for GCC petrochemicals exports: official

27/11/2018 Argaam

 

India and Africa represent promising investment opportunities for the GCC petrochemicals producers as both the countries offer diversified products, Abdulwahab Al Sadoun, Secretary General, Gulf Petrochemicals and Chemicals Association (GPCA), said today.

 

“The Indian market is known for its sustainable and robust growth,” Sadoun told reporters on the sidelines of the 13th annual GPCA Forum held in Dubai.

 

“The GCC petrochemicals exports to China currently stand at 28 percent. However, the GCC companies are considering other markets as China seeks to reach self-sufficiency,” he further added.

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