Saudi Arabia continues to account for the majority of regional polymers capacity in GCC
“The country’s commitment to expanding its natural gas infrastructure are enhancing its competitive advantage in the global petrochemical and plastic markets”.
The plastic industry in Middle East has phenomenal growth rate, further investment and industrial development opportunities that makes it attractive for investors to grab a pie of their market share. In fact substantial investment projects that are currently developing in the country makes the Kingdom of Saudi Arabia the largest producer of polyethylene and the largest market for plastics manufacturing in the region. Stated in recent reports, “The Saudi King, has laid foundation stones for several Jubail and Yanbu projects of Saudi Basic Industries Corp. (SABIC) worth SAR 81.44 billion ($21.72 billion) in total under the corporate strategic investment programme ending in 2020”.
Broadening on the current growth of plastic industries, Fleming Gulf conferences will be hosting the Kingdom Polymers & Plastic Summit, on 8-10 December 2013 at Sofitel in Al Khobar,Saudi Arabia. It will create a platform to bring forth latest production and technological updates in plastic manufacturing and apprise on future market applications on a global level. The summit has pre-conference workshops and one of them is on technical analysis & applications of ethylene vinyl acetate. The key topics of the conference are growth enablers & innovation of plastics industry, overview and troubleshooting challenges of kingdom‘s downstream sector, better understanding the rheological properties to optimize process and functionality and future potential of nano-packaging materials.
The prestigious speaker panelist includes Azzam Abusafieh, chairman, U.A.E. of Abusafieh Group, Fawaz Al Kaaki, President & Managing Director of Saudi Plastic Factory, Arabian Plastic Compounds Ltd, Ibrahim Hammoda, Deputy Sales Manager AMEA of Taghleef Industries, Danish Siddique, Managing Director of Rukun Al Asli Plastic Co.,Mohammed Al Hamdan, Director, Technical Marketing – PVC, PS & PET from SABIC. The Kingdom Polymers & Plastics Summit will be an opportunity to network with key decision makers & business heads of petrochemical companies, polymer manufacturers and compounders, plastic converters, technology vendors and solution providers.