This report was developed in partnership with McKinsey on the occasion of the 10th GPCA Annual Forum. It outlines how Middle East petrochemical players may find themselves in a ‘new age’ of uncertainty in which informed decisions, backed up by bold actions, can help the region industry sustain its global competitiveness over the next 25 years. The report asserts that some of the tools of strategy – especially those borrowed from micro-economics – can help companies understand how prices might develop and quantify the chances of capturing profits through different production and market strategies.
Table of contents
– Executive summary
– Middle East Petrochemicals – 25 years leading the way; what next?
– The impact of the oil price – how does a fall change chemicals?
– Microeconomics – what insights can microeconomics offer the chemicals strategist?