Tag: chemical
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The Gulf chemical industry between signs of regional recovery and global instability (Article)
With economists still predicting a slowdown and recession in some regions of the world, including the United States and Europe, the Middle East and North Africa region is one of the few regions in the world that is expected to witness moderate to strong growth. These prospects should enhance the confidence of regional investors and…
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The energy crisis forces the largest chemical complex in the world to lay off 2,600 workers
The energy crisis, which hit Europe in 2022 against the backdrop of the Russian-Ukrainian war, cast a shadow over the world’s largest chemical complex. The German company, BASF, revealed a plan to cut 2,600 jobs and reduce production in Germany. Europe’s largest chemical producer is preparing for a future without cheap Russian gas, according to…
