PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GCC Governments Strive to Bolster the Polyolefins Market Finds Frost & Sullivan - Recently, the Gulf Cooperation Council (GCC) embarked on a capacity-expansion drive in the polyolefins market to realize its ambition of becoming a major global polyolefins production hub
GCC Governments Strive to Bolster the Polyolefins Market Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Dubai, UAE, United Arab Emirates, 2009/05/19 - Recently, the Gulf Cooperation Council (GCC) embarked on a capacity-expansion drive in the polyolefins market to realize its ambition of becoming a major global polyolefins production hub.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Based on the current planned addition of new capacities, the GCC polyolefins industry is likely to see an avalanche of additional capacity by 2010. With the GCC polyolefins market being a low-growth one with a corresponding low demand, the additional capacities are expected to create a surge in the demand for polyethylene and polypropylene in the GCC.

New analysis from Frost & Sullivan (chemicals.frost.com), Strategic Analysis of the Polyolefins Demand in the GCC, finds that the market grew at 4.9 percent in 2008.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Tanu Chopra/ Nimisha Iyer, Corporate Communications, at tanuc[.]frost.com/ niyer[.]frost.com with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

The governments in the GCC are looking to take advantage of the low costs and abundant feedstock in the region to promote downstream industries for further diversification and development.

"The GCC Governments are initiating multiple strategies to help GCC countries to grow from being exporters of polyolefins to exporters of finished polyolefin products," says Frost & Sullivan Research Associate Eshwaran Raghavan. "The most significant of the new initiatives, which reiterates the governments' strategy to strengthen the private sector, is the initiation of economic cities to facilitate greater inward investments to the GCC."

With the governments promoting investments, there have been numerous joint ventures of foreign companies with local establishments in the GCC. The influx of more funds has further catalyzed the creation of new capacities, which are anticipated to be functional by 2010. The overcapacity is a boon to the polyolefin market because its end-user industries are largely still developing.

Tepid domestic demand, coupled with the current economic downturn, is likely to result in a lackluster 2009. However, as the planned capacities turn operational and end-user industries start maturing, the market is likely to experience moderate growth.

The low local demand for and export of finished polyolefin have squeezed market participants' profit margins, especially because it is a price-based market.

"Polyolefins being commodity products by nature, product development is of utmost importance," notes Raghavan. "In order to sustain their current rate of growth and to grab additional share in the market, companies must focus on streamlining their products according to end user requirements."

Polyolefin companies have to invest heavily in R&D to identify ways in which their products can deliver better value.

Strategic Analysis of the Polyolefins Demand in the GCC is part of the Chemicals & Materials Growth Partnership Services program, which also includes research in the following markets: Middle East paints and coatings market, Middle East flexible packaging market, Indian polymer additives market, and Indian construction chemicals market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

Strategic Analysis of the Polyolefins Demand in the GCC / P239

Contact:
Remi Chatterjee
Corporate Communications – South Asia
P: +91 22 4001 3419
F: +91 22 2832 4713
E: remi.chaterjee[.]frost.com

Nimisha Iyer
Corporate Communications – South Asia & Middle East
P: +91 22 4001 3404
F: +91 22 2832 4713
E: niyer[.]frost.com

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


GCC Governments Strive to Bolster the Polyolefins Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Tanu Chopra 
+91 22 4001 3437 tanuc[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

LANXESS Pigments Used in Formula E
Voith Builds New XcelLine Board Machine for Bohui Paper Group
Voith Paper Offers Rebuilds of Medium-sized Paper Machines to Increase Production Capacity by up to 15%
SCHOTT to Showcase Highly Lightweighted, Monolithic ZERODUR® Mirror Blanks At SPIE Optics and Photonics 2017
LANXESS Doubles Membrane Production Capacity
MAN Engines Presenting Global Innovations for Agricultural Machinery and Cogeneration
Anti-corrosion Coatings Manufacturers Focus on Low-cost, High-performance Coatings for Asia-Pacific Market Finds Frost & Sullivan
The Navigator Company Selects Voith XcelLine Tissue Machine for Cacia in Portugal
SCHOTT Eternaloc® Electrical Penetrations Answer New Requirements of Innovative Twin High-Temperature Reactors [HTR] in Shidao Bay, China
BASF’s iGloss Clearcoat Offers Higher Gloss and Improved Scratch-resistance on Vehicles
The Voith Paper Webshop Simplifies Ordering of Spare Parts and Provides Comprehensive Documentation Options
BASF Begins Production of Palatinol DOTP Plasticizer At its Pasadena, Texas Facility
ADNOC and Borealis Sign Agreement to Extend and Expand Joint Petrochemical Activities in Ruwais
LANXESS Launches New PBT Compound for Battery Components in Electric Cars
Hexagon Manufacturing Intelligence Releases PC-DMIS 2017 R2

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  RightITnow Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)