Thailand Petrochemicals Q4 2018
Thailand's petrochemicals capacity has been expanded primarily with an eye on the opportunities available in the exportsector - particularly South East Asia - over the medium term. That said, the domestic market has also been a key driver of sectorgrowth, with strong economic growth in Thailand leading to a significant uptick in demand across a range of domestic plastics-consuming industries. Over the long term, the Thai consumer story remains a highly compelling one, with a strong forecast for percapita income growth, ongoing urbanisation and a favourable demographic profile likely to lead to strong growth in petrochemicalsproducts.
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