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FINANCIAL NEWS
GCC plastics industry to grow by 3pct
05 Dec 2016
(MENAFN) The plastics processing industry in the GCC is predicted to increase at 3 percent, while total polymer demand is predicted to be less than 5mn tons by the end of 2016.
Moreover, Saudi Arabia and the UAE account for 83 percent of the plastics processed in the region with a high demand for commodity polymers, which remains low.
More evidence for this stable market is growing incomes and reduced unemployment, which will continue to drive demand for a huge amount of consumer.
Recently, the region is moving onto the next stage of its development program, with a focus on downstream industries and plastics conversion.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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