Emirates Business The Gulf Petrochemicals and Chemicals Association (GPCA) celebrated its 10th anniversary last week, marking a decade of networking, thought leadership and advocacy for the downstream hydrocarbons industry in the Arabian Gulf. Since the inception of the association in 2006, the GCC’s petrochemical capacity has more than doubled from 65.8 million tons, to 142.5 million tons in 2015. The ...

Bloomberg Watching the development of India, there’s often an assumption the country will follow China’s path. For commodity exports, China “is not the only game in town,” Australia’s resources minister Josh Frydenberg said in a speech last month, citing forecasts of India’s burgeoning demand for power, steel, and coal. Here’s one area where the two countries could scarcely be more ...

Bloomberg Just as Moody’s Investors Service warns of the strain on China’s finances of debt among state-owned enterprises, the companies are loading up on record overseas loans to buy assets around the world. China National Chemical Corp., or ChemChina, got $50 billion in such financing for its $43 billion purchase of Swiss pesticides producer Syngenta AG, including $35 billion that’s ...