New Market Study Published: Kuwait Petrochemicals Report Q4 2013
BMI View: Kuwait's petrochemicals industry will remain highly exposed to the Asian market, particularly that of its main customer, China. While China's capacities are growing fast, BMI believes the Chinese market is slowing as inflation rises and the government is forced to introduce more restrictive policies to dampen demand. Coupled with growth in output, measures to prevent overheating will lead to a decline in imports and the potential for overcapacity in some segments.
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