ASIA-PACIFIC AREA SHOWS BIG GAINS IN PROCESSING

Roger Vielvoye International Editor The Asia-Pacific region's buoyant refining and petrochemical industries are reacting to lessons from the Persian Gulf war. First-and least palatable-is the knowledge there is no alternative to oil from the Middle East to fuel headlong economic growth. Iraq's Aug. 2, 1990, invasion of Kuwait, resulting in the loss of crude oil from both countries and the flow of products from Kuwait's sophisticated refining complexes, hammered home another valuable

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