Heritage Commission registers over 700 new archaeological sites in Saudi Arabia    Heritage Commission registers over 700 new archaeological sites in Saudi Arabia    Saudi Arabia announces its candidacy to ITU Council's membership    Venice activists plan to disrupt Jeff Bezos's wedding    Explosions heard in Tehran as Israel launches a new wave of airstrikes    Riyadh ranks 23, up 60 places, among top 100 emerging startup ecosystems globally    Mobile Festival across Riyadh features Dar wa Emaar's annual Eid Al Adha celebration The mobile festival reinforces the company's commitment to building vibrant communities and enhancing quality of life beyond unit delivery.    Ministry of Hajj suspends 7 Umrah companies over transport violations    Expo 2030 Riyadh registration dossier receives final BIE approval in Paris    Trump abruptly leaves G7 Summit as Israel-Iran conflict intensifies    Iran launches fresh missile attack on Israel as conflict enters fifth day    California doctor to plead guilty to supplying Matthew Perry with ketamine    Culture Ministry to present second edition of 'Terhal' performance in Diriyah this August    Smart applications transform visitor experience and accelerate digital transformation in Saudi tourism    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    Al Hilal president: No new signings for Club World Cup due to inflated demands    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Saudi Arabia face uphill task against Australia in World Cup qualifier    Cowboy Beyoncé dazzles nearly sold-out stadium    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Kingdom's petrochem investment at $150bn in 2020: Report
Published in The Saudi Gazette on 25 - 12 - 2016

Tasnee, the leading industrial company in Saudi Arabia, is the platinum sponsor of ArabPlast Show to be held on Jan. 8-10, 2017 at the Dubai Exhibition and convention Centre.
Co-organized by Al Fajer Information and Services and German exhibition organizer Messe Dusseldorf, ArabPlast is expected to bring together key players in the plastics, petrochemicals and rubber industry with exhibitors and visitors coming from different countries around the Middle East region and the world.
"With proven track record success, ArabPlast has become a biennial tradition for the plastics and petrochemical industrials in GCC countries. The 2017 edition is believed to showcase higher contributions in term of innovation, new products, latest technologies and knowledge exchange. And I am proud to get one of the leading companies in the kingdom of Saudi Arabia to support this event and enhance its visibility within the Saudi market," said Satish Khanna, General Manager, Al Fajer Information and Services, co-organisers of ArabPlast.
Established in 1985, Tasnee operates several companies which core activities are related to petrochemicals, chemicals, plastics, metals manufacturing, industrial services and environmental technologies.
These industries play a major role in developing and sustaining the regional economies. Hence the importance of ArabPlast as an opportunity for international experts and professionals to meet and share practises, success stories, solutions and even concerns regarding these sectors.
Tasnee was one of the early Saudi companies investing in the petrochemical sector. The company always aimed at reaching a leading position and we are now one of the largest producers of petrochemical products in the kingdom.
The Saudi Arabia's petrochemical sector is the largest non-oil sector, with investment estimated at $63.5–150 billion expected in 2020 alone, according to the Saudi Arabia industrial overview report published in August 2016 by Jeddah Chamber.
"The petrochemical industry in Saudi Arabia is expected to produce 115 million tons in 2016. While the exports have been seeing a CAGR of 15% and are estimated to reach 100 million tons in 2016," Khanna added.
Attendees to ArabPlast 2017 will get the occasion to discover a wide range of products that provide functionalities in injection molding, blow molding, wrapping and packaging or pre and post plastic processing techniques as well as raw materials, such as masterbatches, additives and polymers. Some of the machinery and new technologies to be displayed include plastic machinery, plastic/rubber processing technology, pre and post-processing systems, plastic packaging technology, injection molding, blow molding, wrapping technology, extrusions, chemicals and additives, semi finished goods, engineering plastics and plastic products. — SG


Clic here to read the story from its source.