The Polymers division continues to deliver strong results by adhering to a growth strategy focused on investment in high-yield strategic assets along the supply chain, on profitable fee-based off-take and marketing activities and on polymers derivatives and futures trading.

We have entered into agreements with major multinational producers to originate or toll ethylene and propylene for finished polyolefin resin to be packaged under proprietary Noble brands, and have established multiple trade routes from the Middle East to Latin America and Europe to capture international arbitrage opportunities.

The division expects a dramatic rise in polyolefin consumption in China and India to drive a new period of demand, which we are well placed to supply.