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Middle East to See $19 Billion in Chemical Kickoffs in Next Two Years

Middle East to See $19 Billion in Chemical Kickoffs in Next Two Years

chemical_processing

Industry Segment: Chemical Processing | Word Count: 165 Words
Attachment: chem

NEW DELHI--June 17, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--The Middle East is a major exporter of chemicals and produces a vast range of chemicals, including major products such as petrochemicals, agrochemicals, chlor-alkali and plastic chemicals.

Industrial Info is tracking 85 capital-spending chemical projects, worth about US$19 billion, in the Middle East that are expected to kick off construction in the next two years (June 2022-2024). 40 projects belong to the petrochemical sector, followed by the agrochemical and plastic chemicals sectors, with 15 and 12 projects, respectively.

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