Market Report, "Israel Petrochemicals Report Q3 2014", Published
The Israeli petrochemicals sector is likely to remain focused on domestic sales and is not expected to rival other markets in the region at this time due to a lack of upstream activity, according to BMI's latest Israel Petrochemicals Report. While many Arabian Gulf States have developed petrochemicals industries on the back of their domestic gas and oil production, Israel's gas and oil production is negligible. Feedstock availability constraints will limit growth in potential capacity expansion. Israel has a weak...
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