According to a new report the UAE’s Petrochemical industry is set for strong growth in 2016. Business Monitor International (BMI) research reveals that parts of the plastics and rubber industry will see growth in the new year of nearly 170%. Predications expect polyethylene production to triple to 3.52 million tonnes per annum. It’s also revealed that by 2016, ethylene capacity will reach five million tonnes per annum in the UAE.

Emirates Groups announces AED4.1 billion pre-tax profit in H1 2026
Disney's Pixar names Jonathan Garson president as Jim Morris steps back
DIP Holding places final IPO price
Gulfood Manufacturing brings global industry leaders to Dubai
ADNOC Gas signs five-year LNG supply agreement with TotalEnergies
