GlobalData

Petrochemicals capacity to remain flat to 2016, GlobalData reports / Dow upgrades Bahia Blanca PE operations

Polymer demand outstrips GDP / Third largest consumer after China, US / GlobalData report

Launch of "Plastivision Arabia"

Number of global joint ventures on the rise / Most activity focused in Asia, followed by Middle East / Jv formation follows global consumption patterns and cheap feedstock trends / Latest GlobalData report

China accounted for almost one third of global demand in 2011 / Middle East has become world's third-largest production region / Emergence of bimodal resins allows for higher-value applications / Latest GlobalData report

Alternative feedstocks rejuvenate global plastics sector/ Oilfield licences to be awarded in Brazil / Shale gas fever rages on three continents / Middle East resources still firmly driving / Saudi Arabia, Iran are major players / GlobalData reports

“Interplastica Moscow 2011” / Plastics sector poised for future growth

PE demand to rise by 8.6% per year to 2015 / Polyolefin needs driven by packaging sector