Middle East to Invest More than $47 Billion in Olefins Production, an Industrial Info Market Brief

Middle East countries like Saudi Arabia, UAE and Iran are production hubs of petrochemical products like ethylene, propylene and their derivatives. These products have been a center of investment in the region. Industrial Info is tracking 32 capital projects related to ethylene production that include grassroot, unit additions, modernizations, upgrades and debottlenecks that are to kick off in the next two years and are worth about $47.09 billion.