Middle East must shift to higher-value chemicals, ExxonMobil exec says

12/12/2011 | ICIS Chemical Business (U.K.)

The Middle East presents sustainability investment opportunities for chemical producers, said ExxonMobil Chemical President Stephen Pryor. "For Middle East producers -- who represent the largest exporting region in the world -- this mega­trend is an especially important one," Pryor said. Companies in the region will have to shift from being commodity producers to making specialty chemicals, he added.

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