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Petrochemical production to increase in UAE

The leading petrochemical industry of Middle East envisages the productions are set to rise despite of fall in the prices. The production is set to increase by 7.5% this year. Petrochemical production which in the six Arab states reached 149 million tonnes per annum last year. The production is now set to increase in this year despite of halving of crude values. The producers foretell the production to reach 199.5 million tonnes per annum by 2018.

Further the industries are investing enough in the technologies to cater much better quality of products coupled with enhancement in the production levels as well.