Gloom gathers.(overview of chemical industry prospects in Southeast Asia)(Industry Overview)(Statistical Data Included)

Chemical Market Reporter, May, 2001 by Richardson, John

The competitive challenges now confronting Southeast Asia have changed the basis on which new projects are being evaluated, regardless of their location, reports John Richardson of Asian Chemical News. He also outlines the varying fortunes of the region's industries since the Asian economic crisis struck In the case of some countries in Southeast Asia, if you examine in isolation the number of petrochemical projects that have been completed since 1997, you wouldn't think that there had been an economic crisis.

However, for other Southeast Asian countries, the Asian crisis has held back the further development of their petrochemical sectors. Development for these countries has been left either frozen in a state of maturity, if maturity is measured by...

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