Abdulwahab Al-Sadoun, secretary general, GPCA
, said: "With nearly 30 years of experience spanning the Middle East, the Americas and the Far East, Yousef Al-Benyan has made significant contributions to the association and by extension - the regional industry - as Chairman of GPCA
Dr Abdulwahab Al-Sadoun, secretary general, GPCA
, said: "With nearly 30 years of experience spanning the Middle East, the Americas and the Far East, Al Benyan has made significant contributions to the association and by extension - the regional industry - as chairman of GPCA
Al Benyan who is also the Vice-Chairman and Chief Executive Officer of Saudi Basic Industries Corporation (SABIC) was elected as GPCA
chairman in May 2016, having previously served on the GPCA
's executive committee.
The fifth Research and Innovation Summit will be held from March 11 to 13, and the ninth GPCA
PlastiCon on March 14 and 15.
The report titled '2016 GCC Petrochemical and Chemical Industry Facts and Figures' was released ahead of the 12th Annual GPCA
Forum taking place from November 27 to November 29 in Dubai.
Fertiliser Convention is an annual event that creates a platform for key industry figures, consumers and government representatives to exchange information and discuss key issues regarding food security and long-term strategies regarding fertiliser manufacture and application.
The key consideration for producers in the Arabian Gulf however, is that Chinese fertiliser manufacturers will build on their dominant position in producing nitrogen and phosphate-based fertilisers, and eventually, take away market share in key export countries," he said at the 7th GPCA
Fertiliser Convention in Dubai recently.
Organised under the theme of 'Building on Achievements - Enabling Continued Success in the Changing Chemical Landscape', the 10th anniversary edition of the Annual GPCA
Forum featured a key note address that was delivered by Suhail Mohamed Faraj Al Mazrouei, UAE Minister of Energy.
The health of the global economy since the decline in oil prices and the slowdown of the Chinese economy combined with the possibility of a nuclear deal with Iran, contributed to weak petrochemicals prices and created a difficult near-term outlook for the global petrochemicals and chemicals sector," said Abdulwahab Al Sadoun, secretary general, GPCA
Sustainability is a key area of focus for the GPCA
itself which estimates that less than 10 per cent of plastic is recycled in the Gulf.
Mohammed Al Mady, Chairman of GPCA
and Vice Chairman and CEO of SABIC, said that 85% of Middle East petrochemicals companies are planning to increase investment in innovation which requires collaboration from all stakeholders.
Summary: 7th Annual GPCA
Forum reflected the scale of the challenges and opportunities facing the regional petrochemicals industry