Hapiz: ‘It’s no secret that the European crisis has had a trickling effect on the economies in China and India this year. Our outlook going into next year is dependent on how fast the Asia-Pacific picks up from that.’
KUALA LUMPUR: The petrochemical industry should see moderate growth in 2013, much dependent on how quickly China, India and the Asia-Pacific economies recover from the global crisis.
While product prices had been on an uptrend, Petronas Chemicals Group Bhd
(PetChem) president and chief executive officer Abd Hapiz Abdullah said that business was still very dependent on market cyclicality.
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