Slowdown in Chinese economic escalation has reduced the sales of petrochemical producers in the member states of the Gulf Cooperation Council (Gulf Cooperation Council (GCC).
GCP source said that, petrochemical products prices have sharply reduced owing to lower demand from China and Asian markets. Presently, members of the GCC hold the production of mono-ethylene glycol, methanol, ethylene, polypropylene, polyethylene and propylene.