SABIC The Middle East is likely the most important aim on the global petrochemical evasiveness today and will stop so for many eld to come. However, prospects of a war in Iraq are raising concerns, and logistical and feedstock challenges could hem in the regions growth. Saudi-Arabian Basic Industries Corp., or SABIC, the studyity of which is owned by the Saudi Arabian government, has grown to 40.6 one thousand thousand metrical tons of petrochemical proceeds and gross sales of $9 billion in 2002 to become the eleventh largest petrochemical producer in the world. Iran, through the government-owned depicted object Petrochemical Co.

, has made its petrochemical industry a strong second to Saudi Arabia. Iranian petrochemical outfit was 12.5 million metric tones in 2001. A number of new(prenominal) countries in the region, including the coupled Arab Emirates, Kuwait, Qatar, Oman, and Egypt, have either established major petrochemical projects or are planning them. SABIC, created 24 old age ago to add set to Saudi Arabias mas...If you want to get under ones skin a full essay, parliamentary procedure it on our website:
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