Tuesday, June 30, 2015

Thai petrochemical industry seeks feedstock security


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Economic Update

Thai petrochemical industry seeks feedstock security


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Rising domestic consumption and dwindling hydrocarbons reserves will increase pressure on Thailand's downstream energy and petrochemical firms to secure ...







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Thai petrochemical industry seeks feedstock security

Rising domestic consumption and dwindling hydrocarbons reserves will increase pressure on Thailand’s downstream energy and petrochemical firms to secure feedstock, though lower international oil and gas prices have helped reduce production costs for now. 


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Despite some recent turbulence, Turkey has strong fundamentals that underscore its potential for long-term economic growth. With a young population of 77.7m, a strategic location within four hours’ flying time of 1.5bn consumers and a diversified economy, the country has much to offer investors. Lower oil prices have helped reduce the current account deficit, but major structural reforms will likely be necessary to boost growth, and much will also need to be done to restore investor confidence.









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