Chief of Saudi Arabia's Sabic urges regional innovation in petrochemicals industry | The National:
"Gulf petrochemical makers need to step up their efforts in research and development to catch up with more established competitors, said the head of the region’s top producer.
Two threats – a shale boom in North America that has fuelled a chemicals revival and a crunch on gas resources in the Arabian Gulf – are putting pressure on regional producers, said Mohammed Al Mady, the chief executive of Saudi Basic Industries, also known as Sabic."
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