SABIC boss urges more partnerships among petrochemical companies in the Middle East

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Thu, 2019-12-05 04:34

LONDON: The petrochemical industry in the Middle East must invest collaboratively in winning-partnerships to sustain its future growth, said SABIC CEO Yousef Al-Benyan.

He was addressing more than 2,100 industry leaders at the 14th Annual Forum of the Gulf Petrochemicals Association in Dubai. 

“Strategic partnerships are a winning proposition,” he said. “In the Middle East, 55 percent of total chemical capacities are run in partnership mode, significantly higher than the global average.

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