Middle Eastern petrochemical companies suffered from massive downturn in their value during 2008 mainly due to the global financial crisis. The outlook for the next year is also gloomy. On Sunday, the Kuwaiti government canceled its huge polyethylene joint venture with the American giant Dow. Nevertheless, according to Dr. Gil Feiler, author Investing in Russia and Rethinking Business Strategy for the EIU, most Middle East petrochemical public companies enjoyed price ...