This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Sabic confía en que 2012 se otro buen año para las industrias petroquímicas del Golfo

Sabic Trusts that 2012 another good year for the petrochemical industries of the Gulf

29/12/2011

29 December 2011

The vice-president and executive director of Sabic, Mohamed To the-Mady, also president of the Association of Chemical and Petrochemical Industries of the Gulf (GPCA), in Middle East, has expressed his optimism regarding 2012, in spite of the fall in recession of Europe like result of the crisis of the sovereign debt.

The vice-president of Sabic, during his intervention in the Sixth Forum of GPCA, in Dubai.

In his opening speech of the meeting during three days of leaders of companies of 45 countries in the Sixth Annual Photo of the GPCA in Dubai (the past 13 December, in Dubai), To the-Mady based his optimism in the general consensus that the Eurozone will have a light growth in positive, and that the United States will avoid a double recession.

The vice-president of Sabic also stood out the good profitability that have enjoyed the majority of producers of the chemical industry during 2011. Likewise, incidió in that the innovation will be the key of the efforts so that the petrochemical companies keep on being competitive.