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.



Potentials of Saudi petrochem industry singled out at forum
Published in The Saudi Gazette on 17 - 06 - 2015

JEDDAH — The Delegation of German Industry and Commerce for Saudi Arabia, Bahrain and Yemen (GESALO) organized a delegation trip of Saudi businessmen to ACHEMA trade fair which was opened last Monday for the 31st time. ACHEMA is the world forum for chemical engineering and the process industry and an innovations' platform and technology summit. It takes place every third year and was first organized in 1920. It covers all steps of the value added chain of the process industry. The trade fair has been the leading show in the petrochemicals sector and process industries for decades. It is organized by Dechema GmbH.
The delegation was organized by Andreas Hergenröther, Delegate of German Industry and Commerce for Saudi Arabia, Bahrain and Yemen and Al-Ameen Al-Dalali, Head of Trade Fair Department of GESALO. GESALO is the official representative of ACHEMA trade fair in Saudi Arabia and had organized a presentation event with Dechema CEO Dr. Thomas Scheuring in September 2014 to promote the show.
GESALO organized in collaboration with Dechema the Saudi Arabia Downstream Forum. The event took place on the first day of ACHEMA show last June 15. After Dechema CEO Dr. Thomas Scheuring officially welcomed the delegation in the Congress Center of Messe Frankfurt, the delegation participated in the opening of the show and enjoyed a guided tour over the show venue before it participated in a networking lunch.
Subsequently, the Saudi Arabia Downstream Forum was opened by Dr. Thomas Scheuring and Andreas Hergenröther. The event, moderated by the Delegate Hergenröther continued with the speeches of a number of high-ranking businessmen: Jürgen Nowicki, Speaker of the Board of Linde AG - Engineering Division; Eng. Osama Al-Zamil, Chairman of Zamil ChemPlast; Saud Al-Sabhan, Marketing Manager Saudi Industrial Property Authority (Modon); Werner Strauch, General Manager of Coperion Middle East Co. Ltd., Daniel Gottschald, CEO of ChemieCluster Bayern AG and Thomas Dreiling, CEO of ThyssenKrupp Industrial Solutions – KSA. The speakers shed light on the development of the Saudi petrochemicals market and highlighted its potentials.
Hergenröther said: “Saudi Arabia is the region's largest petrochemical producer with an annual 86.4 million tons of capacity. The Saudi Arabian petrochemical industry is one of the fastest growing sectors of the Saudi economy. The country alone produces 9% of the world's output of petrochemical products, shipping 17% of world exports in petrochemicals. Around 60 petrochemicals projects are currently being realized or planned.”
He added: “German companies have been strong partners for sustainable long-term business relations in the petrochemical sector in Saudi Arabia for decades. Companies, from global enterprises like Linde and Evonik to SMES like Coperion have ventured into the Saudi market and established themselves as strong partners for Saudi Arabian petrochemical businesses.”
A fruitful discussion concluded the Saudi Arabia Downstream Forum. As for the trade fair, four Saudi companies participated in ACHEMA as exhibitors: Al Abdulkarim Holding Company (a supplier for oilfield components, industrial automation and electrical and electromechanical devices), the government body Modon which supervises the development of a number of industrial cities, petrochemical and steel giant SABIC and state-owned oil company Saudi Aramco. One of the VIPs participating in the delegation was Fahd Bin Mohamed Al Hammadi, Head of the Arab Contractors Union and President of Al-Jazea Group. — SG


Clic here to read the story from its source.