Asia–GCC Joint Ventures: The Rise of Shared Petrochemical Asset Ownership
In the last five years, there has been a rise in announcements from Middle Eastern and Asian companies about shared petrochemical asset ownership. These have mostly been associated with refinery-to-chemicals complexes in Asia but also in the Gulf Cooperation Council (GCC).

This article dives into recent joint ventures in the petrochemical space involving participants in these regions and explores what each side has to gain from such collaborations.
In this article, discover:
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Asia–GCC Joint Ventures: The Rise of Shared Petrochemical Asset Ownership
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GCC Oil Majors: Securing Offtaker Footholds in Asia
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Asian Companies: Ensuring Advantaged Long-Term Feedstock Supply
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Growing Geopolitical Alliances Reshaping Foreign Investment
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Northeast Asian–GCC Investment Partnerships Drying Up: Where Is Next?

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