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Article: Israel Petrochemicals Report Q2 2009.
- Article from:
- M2 Presswire
- Article date:
- June 22, 2009
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M2 PRESSWIRE-22 June 2009-Companies and Markets: Israel Petrochemicals Report Q2 2009(C)1994-2009 M2 COMMUNICATIONS
RDATE:22062009
Israel Petrochemicals Report Q2 2009 : New Company and Market Analysis
Major gas finds off Israel are a positive development but in the short term are unlikely to prevent the severe effects of the domestic and international economic slowdown on the country's petrochemical producers, according to the latest Israel Petrochemical Report. The Bank of Israel confirmed in March 2009 that the country had slid into a recession, and a deeper one than had been forecast.
Recent offshore gas field discoveries have been ...