ASIA TO PACE WORLD PETROCHEMICAL GROWTH

Developing nations of Asia will account for the most dramatic growth in petrochemical demand and capacity additions in the 1990s. That's apparent in a study by the World Bank that focuses on six newly industrializing nations: China, India, South Korea, Thailand, Indonesia, Malaysia. Burgeoning economies and ambitious expansion plans in most of those six-plus Hong Kong, Singapore, and Taiwan-underlie analysts' projections of the Pacific Rim as having the strongest growth in petrochemical

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