The Kuwait Investment Bank Global Investment House report shows that in the fourth quarter of 2011, total profits of the six Gulf countries' petrochemical industry were US$ 2.543 billion, which was a year-on-year decrease of 2.4%. The data includes the profitability of the 16 petrochemical companies in the Gulf. Among them, the profit growth of the Emirates petrochemical industry was the most significant, at 149.2%; Qatar increased by 11.1%; Saudi Arabia and Oman decreased by 6% and 25% respectively. Naphtha prices, which are the main feedstock, have risen too quickly, which is the main cause of the increase in the cost of Gulf Petrochemical companies and the shrinking profit. In the fourth quarter of last year, naphtha prices rose by 4.2% year-on-year and are expected to increase by 15% this year. However, since the beginning of this year, investors’ confidence in the petrochemical market has increased. In the first quarter, the market value of petrochemical stocks in the Middle East and North Africa increased by 20%. Seat Damper,Seat Shock Absorber,Spring Seat Shock Absorber,Shock Absorber Seat ZHEJIANG ROADTAMER AUTO PARTS INC , https://www.road-tamer.com