Heralding a New Era in Trade Between the GCC, Africa and Asia

Global geopolitical dynamics are altering trade flows of petrochemicals and chemical products from Gulf Cooperation Council (GCC) countries. These include the conflict between Russia and Ukraine impacting access to cheap gas for industrial activities in Europe, and protectionist energy and trade policies being introduced in some export markets, eroding the traditional advantages of value-added downstream products originating from GCC countries.