Saudi Arabia to showcase cultural depth at 2025 Beijing Book Fair    207 catheterization and surgical procedures performed for Hajj pilgrims in Madinah    Voluntary Carbon Market and Enowa sign deal to deliver over 30 million tons of carbon credits    Smart applications transform visitor experience and accelerate digital transformation in Saudi tourism    Riyadh residents to receive alerts on nearby infrastructure work    Aramco Chief: Global energy security is threatened amid escalating tensions "Importance of oil and gas cannot be underestimated in times of conflict"    Iran has fired 370 ballistic missiles at Israel since hostilities began, Israel says    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Trump orders increase in migrant deportations    Investigators find cockpit voice recorder from crashed Air India flight    Man suspected of shooting Minnesota lawmakers arrested after huge manhunt    Crown Prince reaffirms Saudi condemnation of Israeli attacks in call with Iran's president    Hajj minister reassures safe departure of Iranian pilgrims in call with head of Iran's Hajj Organization    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    How to pre-register for VALORANT Mobile    Disney lays off hundreds more as it cuts costs    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.



Saudi plastics and petrochemical industries growing exponentially
Published in The Saudi Gazette on 19 - 02 - 2017

Saudi Arabia is undergoing major redirection in its industrial orientation in line with the current income diversification strategy that constitutes a fundamental pillar in achieving the Kingdom's Vision 2030.
The Kingdom is also working on enhancing public-private partnerships in addition to encouraging, supporting and attracting foreign investments that enables it to become the "plastic consumer goods" manufacturing hub, and create employment opportunities for the Saudi youth.
Recent research has shown that Saudi Arabia's share in the petrochemicals world supply is currently 6% with the possibility of growing at exponential levels due to its hydrocarbons wealth.
Moreover, the Gulf Petrochemicals & Chemicals Association (GPCA) report stated that Saudi Arabia's plastics capacity is also expected to see a 3.2 percent rise per year till 2020.
Accordingly, the 14th edition of the Saudi Print & Pack and The Saudi Plastics & Petrochemicals exhibitions comes as an excellent platform to highlight this promising market, and to stress on the importance of the research efforts and recent trends carried out by leading national companies that drastically contribute to boosting the industries, enhancing the productivity, and maximizing the exports. These efforts are accompanied by the government's support to develop these industries by providing the necessary infrastructure through industrial clusters and cities.
To be held under the patronage of the Ministry of Energy, Industry and Mineral Resources on Feb. 27- March 2, 2017 at the Jeddah Center for Forums & Events, these UFI certified exhibitions are organized by Riyadh Exhibitions Company Ltd.
These leading industrial events bring together decision makers and leading companies from KSA and around the globe and enjoy a golden sponsorship from Saudi diversified manufacturing company (SABIC) and a platinum sponsorship from Saudi Polymers and the participation of the Saudi Industrial Property Authority (MODON) as an industrial partner.
As a leading company in the petrochemical sector, SABIC's participation comes in line with its commitment to support the manufacturing industry in Saudi Arabia.
As the major provider of basic materials needed by manufacturers to develop high quality products for end users, SABIC develops innovative products through its 21 global technology and innovation centers.
The company has also launched the Home of Innovation, an initiative that promotes economic growth and technical innovation in Saudi Arabia. It is designed to foster collaboration with other leading companies and targets opportunities that address regional and local challenges.
Sami Al Husseini, marketing and corporate communication director in the Saudi Industrial Property Authority (MODON), said: "The government has a high determination and direction to develop the manufacturing industry, as stated in the National Transformation 2020 program and the Kingdom's Vision 2030."
Husseini further said: "What adds to the attractiveness and feasibility of the industrial investments is the support provided by several governmental authorities, in addition to the ideal infrastructure that the Kingdom provides, the abundance of industrial locations with integrated services, the bundle of lending and custom exemptions, the increased swiftness in delivering the lands, and the minimization of obstacles and procedures."
Riyadh Exhibitions Co. Ltd. (REC) is a Saudi company specialized in organizing exhibitions, conferences and other trade events. The company caters to several activities for various economic sectors. Throughout its 36 years, REC has organized more than 440 unique and successful shows and conferences renowned for their innovation, professionalism and attention to details. REC boasts an international presence, supported by over 120 commercial & industrial bodies from more than 50 countries. Regionally, REC dominates with its wide range of events programs, serving 20 economic and financial sectors in the Middle East. REC's leading events are certified by UFI. — SG


Clic here to read the story from its source.