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MidEast chemical industry to post recovery

Mohammed Al Mady, chairman of the Gulf Petrochemicals and Chemicals Association and CEO and vice chairman of Saudi Basic Industries Corp (Sabic) has said that chemical companies in the Gulf region are set to recover in 2010. Data from the American Chemistry Council showed chemical industry production growth averaging 3.7% across the Middle East; including 6.3% in Saudi Arabia, 3.4% in the UAE, 3.2% in Kuwait and 7.4% in Qatar, he said.

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