Saudi Arabia’s petrochemical exports will continue to grow in 2011, even as Turkey and Pakistan investigate some products for possible violations of antidumping rules, a Saudi industry official said.
Demand in Asia for Saudi petrochemicals exceeded the available supply in the fourth quarter of 2010 and will continue to do so in the first quarter of this year, Abdul-Rahman al- Zamil, the head of the country’s Export Development Center, said in a telephone interview yesterday. The Riyadh-based center promotes the country’s non-oil exports.
India imposed a 6.5 percent anti-dumping duty in November on polypropylene exported by Saudi Basic Industries Corp. and two other Saudi Arabian companies because it believes they benefit unfairly from government subsidies. China decided in November, after a yearlong investigation, not to impose antidumping duties on Saudi shipments of methanol.
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