Mataf nearly empty as entry to Makkah restricted to Hajj visa holders    Cinema revenues account for SR845.6 million in 2024 17 Saudi films among 504 films screened    Will US tariff hikes affect Saudi Arabia? Kingdom largely insulated as oil exports remain exempt and non-oil sectors gain a pricing edge    Expat arrested for immoral act at a massage center in Jazan    Saudi Transplant Congress discusses scientific advancements and innovations on organ donation and transplantation    Mawani and Alissa Universal Motors sign agreement worth SR300 million to establish Logistics Zone at King Abdulaziz Port in Dammam    Al-Khereiji at BRICS: Saudi Arabia a reliable and neutral partner in endeavors for de-escalating tensions    Saudi market shows resilience in Q1 2025 despite global volatility: Report    Saudi Arabia urges India and Pakistan to de-escalate tensions    Trump congratulates Canada's Carney as they agree to meet in 'near future'    Sánchez vows to uncover reasons behind massive Iberian power outage    Guterres warns two-state solution is 'near a point of no return'    Al Ahli stun Al Hilal to reach AFC Champions League Elite final    4 Chinese nationals arrested in Makkah for promoting fake Hajj campaigns    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Rock & Roll Hall of Fame picks Outkast but not Oasis    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    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.



Regional plastic community re-affirms commitment to circular economy
Published in The Saudi Gazette on 19 - 02 - 2020

Leading players from the entire plastic value chain will converge for the 11th GPCA PlastiCon on March 18-19 at Park Hyatt Dubai, UAE, to reaffirm their commitment to the circular economy and address the plastic waste challenge enabled through cross-industry collaboration, value chain integration and investment in innovative technologies.
The conference will spotlight the circular economy as an engine for value creation and highlight the role of plastics in building a sustainable closed loop economic model, creating additional added value for the regional economy, driving job creation and diversification and contributing to global and regional sustainability goals.
According to a recent report, almost $138 billion of savings can be generated in GCC countries by 2030 if a circular economic model is adopted, corresponding to nearly 1% of the region's cumulative GDP between 2020 and 2030. The report further estimates that boosting circularity within households could generate cumulative benefits of $46 billion for the same period.
As the largest gathering in the region dedicated to the circular economy, PlastiCon will provide a platform for leading polymer producers, brand owners, regional regulators, plastic processors, manufacturers and technology providers to share their insights into global and regional innovations currently under way as well as the collective actions needed to transition towards a circular economy in the region.
As part of this year's engaging conference program, speakers will share their inspiring case studies and expertise in creating an after-use economy for plastics and enabling plastic recycling aimed at minimizing plastic waste and promoting a circular economy both within the plastics industry and in the wider region.
The convention will begin on March 18 with the opening remarks of Dr. Abdulwahab Al-Sadoun, secretary general, GPCA, and continue with a presentation on ‘Transforming the plastics downstream industry through digitalization' by Eng. Abdallah Obeikan, CEO, Obeikan Investment Group on day one, and a keynote address on day two, 19 March, entitled ‘A new dawn for waste management in KSA' by Jeroen Vincent, CEO, Saudi Investment Recycling Company.
Other distinguished speakers from Coca-Cola, Nestle, and Unilever, the recycling, technology and manufacturing sectors, such as Veolia, Suez Middle East Recycling, Henkel Adhesives Technology, INEOS, KIZAD and many more, will converge for two days of knowledge sharing, networking and discussions revolving around innovations in plastic design, chemical recycling, circular economy in plastics, regional regulatory updates and other top of the mind industry topics.
Al Sadoun commented: "Building on its decade-long legacy in the region, PlastiCon has evolved as the go-to platform for the regional plastics community to debate the future of this valuable material and establish a space for collaboration and value creation through the establishment of a circular economy.
"There is no doubt that moving to a closed-loop economic model will deliver on the sustainability agenda of governments and industries across the region and ensure that the value of this versatile material is retained within the economy."
He added, "I invite the entire regional value chain to converge for two days of networking and the exchange of best practice, as we move to a more sustainable future enabled by greater collaboration, innovation and investment in research and development." — SG


Clic here to read the story from its source.