Home Page - Gulf in the Media
HomePoliticsEconomy                               Set Gulfinthemedia.com as home page
 Print  Send This Page
Save Listen to this Article
GCC petrochemical grows despite volatility   

Saudi Gazette - 17 July, 2017

The Gulf Petrochemicals and Chemicals Association (GPCA) has announced the line-up of confirmed speakers for the 12th Annual GPCA Forum, to be held later this year. Under the theme ‘The chemical industry in transformation: A new journey begins’, the forum is set to take place on Nov. 27–29, 2017 at the Madinat Jumeirah, Dubai, UAE.

With this in mind, 2017 marks another promising year for the Annual GPCA Forum, as an array of opportunities come to the fore.

Dr. Abdulwahab Al-Sadoun, Secretary General, GPCA, said: “Despite continued market volatility and increased competition abroad, petrochemical growth in the GCC region topped the global average growth. The industry grew at 3.7% in 2016 reaching 150 million tons of capacity, outpacing the global average of 2.2%. As ‘transformational’ new, highly complex projects come on stream in 2017-2018, growth is set to continue, shifting the focus from commodity chemicals to higher value specialty products.” He continued: ”The Annual GPCA Forum has emerged as an essential knowledge-sharing and networking platform for regional and global stakeholders, where delegates can gather insights from the CEOs of the world’s leading chemicals firms. As a mainstay on the downstream sector’s yearly calendar, the 2017 Annual GPCA Forum is set to be the most impactful edition yet and is a must-attend event for key players from the industry.”

In line with this year’s theme, the 2017 edition of the Annual Forum is centered on the opportunities afforded by organizational transformation and aims to facilitate the exchange of ideas on topics that have great implications for the industry – and are influencing the corporate agenda. With the industry undergoing significant changes, in the wake of geopolitical shifts and an evolving technological landscape, there has never been a more important time to address the issues of transformation and disruption. The 12th Annual GPCA Forum, the flagship event in the global industry’s calendar, will bring together renowned thought leaders and experts from the industry to share insights on driving strategic partnerships, diversification, investments and capitalizing on a new era of changes in the global competiveness landscape.

Yousef Al-Benyan, Vice Chairman and CEO, SABIC and Chairman, GPCA, will open the forum, while Hariolf Kottmann, CEO, Clariant, and President, International Council of Chemical Association (ICCA) and the European Chemical Industry Council (Cefic), will deliver the keynote address. Confirmed speakers include the likes of Neil A. Chapman, President, ExxonMobil Chemical Company, Bob Patel, CEO, LyondellBasell, Ziad S. Al-Labban, CEO, Sadara Chemical Company, and Patrick Thomas, CEO, Covestro.

Besides the main conference program, seminars held over the course of the three-day forum will provide key insights and enable industry players to initiate transformational change within their organizations. A seminar entitled ‘Collaborating and Growing in a Fast-Transforming Global Landscape’ will be the highlight of Day 0. As part of the GPCA’s Leaders of Tomorrow program, a platform that provides university and college students engaged in science, technology, engineering and mathematics (STEM) fields an opportunity to learn through close interaction with industry leaders, there will also be a dedicated seminar for students eager to pursue a career in the downstream industry.

Last year’s edition of the Annual GPCA Forum drew more than 2,000 international chemical executives gathered in Dubai to gain essential information, make new connections and renew existing relationships. Since the first meeting in 2006, event attendance has grown steadily year on year.
  Other Top News
Oil extends gains as Saudi Arabia pledges export curbs
Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month and Organization of the Petroleum Exporting Countries (OPEC) called on several members to boost compliance with output cuts to help rein in oversupply and tackle flagging..
UAE, Japan discuss economic and trade relations
Abdullah Al Saleh, the Ministry of Economy's Under-Secretary for Foreign Trade and Industry, discussed various means of developing economic and trade co-operation with Japan during a meeting with Yasushi Akahoshi, President of the Japan External Trade Organisation, JETRO, in Dubai...
Qatar GDP set to expand as outlook brightens
Driven by higher oil and gas output coupled with further expansion in the construction and transportation sectors, Qatar's growth is expected to pick up to 2.5 percent in 2017 from 2.2 percent in 2016. The growth is expected to accelerate to 3.1..
GCC non-oil sector expected to grow 2.6% in 2017
The acceleration of global trade in the first half of 2017 is expected to be felt unevenly across GCC economies and will probably see the region's GDP growth easing to just short of 1 percent in 2017, according to ICAEW...
Iran eyes development of Caspian oilfields
Iran is holding meetings with companies in the fields of drilling and exploration of oil and gas from Russia, Norway and China to consider cooperation opportunity in developmental activities in Caspian Sea, a top official said...
Wed Jul 26, 2017| 02-ذو القعدة-1438هـ
Syria expands anti-Daesh operations
Riyadh celebrates first Saudi Women's Day
UAE summons Iran's diplomat
Trump turns up the heat on Iran, but no clear game plan yet
Qatar tops world in BMI index for investment attractiveness
Qaeda kills Yemen police, targeted in US raid
Iran targets $8.6bn of refinery deals with Asia firms
UN chief: Syria dialogue must focus on transition for success
US President Trump strongly supports Iraq - envoy
DGCX traded 1.37m contracts valued at $33b in January
Iran rejects 'baseless' warning from US on missile test
GCC consumers spend $9.3 billion on beauty, personal care products
HM King hails parliament's role
Saudi sentenced 7 years in prison for entering Syria, joining Al-Nusra
AD CP, Emir of Qatar discuss ties

Araa Mobile App





NBK Report on oil markets
GCC Banking Sector Quarterly - 2Q16
    GCC Press Agencies
Day's main stories from the GCC Press Agencies
    GRC Analysis
World Environment Day: Time to Reconnect with Nature in GCC
The Benefits of NATO-GCC Strategic Ties
    GRC Commentary
The Trump Visit to Saudi Arabia: Time for a Course Correction
Environmental Education Must for GCC Countries
Climate COP 22 in Marrakech Important for the Region
    GRC Press Release
Gulf Research Center press releases to the media
    GRC Publications
Skillfull Survivals
GCC and Regional Issues
GCC Economies: Vision Plans and Outlook
    GRC Newsletters/Bulletins

Enter your email to get the Newsletter
GRC Publication
Privacy Policy | Contact Us | Terms & Conditions | About Us |
Weather | Qibla Directions | Hijri Date Conversion Tool
Full Page :total time:0  |   24-- 24 Middle Page :0  --   | Right : 24 - 24-nonexist-en--sess-enreq-en-coming