2019 MIDDLE EAST PETROCHEMICALS

| November 20, 2018

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The US and China trade war in 2018 is proving to be both an opportunity and threat for Middle East producers. With fewer US-origin cargoes shipped to China, Middle East producers say they see increased inquiries and bids emerging eastwards. Chinese buyers are looking to the Middle East to fill what they see as a short-term supply gap from US producers. US producers consider Europe and South America to be alternative markets, providing increased competition to Gulf producers. This could mean Middle East producers may scale back sales into key European markets like Germany, UK, and Italy.

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Spotlight

Milliken Chemical

Milliken Chemical is about ideas - unique ideas that solve problems for our customers. Working from our laboratories, application and development centers around the world, Milliken Chemical's scientists and engineers create coatings, specialty chemicals, and advanced additive and colorant technologies that transform the way we as consumers experience products from automotive plastics to children's art supplies.

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