NEWS

Saudi Arabia’s petchem exports growing at 15pc

Friday, Dec 23, 2016

Saudi Arabia’s petrochemical exports have been seeing a CAGR of 15 per cent and are estimated to reach 100 million tonnes in 2016, said the organisers of the upcoming ArabPlast, a major industrial show in Dubai, UAE.

“Saudi Arabia’s petrochemical sector is largest non-oil sector, with investment estimated at $63.5–150 billion expected in 2020 alone,” added Satish Khanna, general manager, Al Fajer Information and Services, co-organisers of ArabPlast, citing the Saudi Arabia industrial overview report published by Jeddah Chamber.

“With proven track record success, ArabPlast has become a biennial tradition for the plastics and petrochemical industrials in GCC countries. The 2017 edition is believed to showcase higher contributions in term of innovation, new products, latest technologies and knowledge exchange. And I am proud to get one of the leading companies in the kingdom of Saudi Arabia to support this event and enhance its visibility within the Saudi market,” Khanna explained.

Tasnee, a leading industrial company in Saudi Arabia, is the platinum sponsor of ArabPlast Show to be held from January 8 to 10 at the Dubai Exhibition and convention Centre

Co-organised by Al Fajer Information and Services and German exhibition organiser Messe Dusseldorf, ArabPlast is expected to bring together key players in the plastics, petrochemicals and rubber industry with exhibitors and visitors coming from different countries around the Middle East region and the world.

Established in 1985, Tasnee operates several companies which core activities are related to petrochemicals, chemicals, plastics, metals manufacturing, industrial services and environmental technologies.

These industries play a major role in developing and sustaining the regional economies. Hence the importance of ArabPlast as an opportunity for international experts and professionals to meet and share practises, success stories, solutions and even concerns regarding these sectors.

Tasnee was one of the early Saudi companies investing in the petrochemical sector. The company always aimed at reaching a leading position and we are now one of the largest producers of petrochemical products in the kingdom.

Attendees to ArabPlast 2017 will get the occasion to discover a wide range of products that provide functionalities in injection moulding, blow molding, wrapping and packaging or pre and post plastic processing techniques as well as raw materials, such as masterbatches, additives and polymers.

Some of the machinery and new technologies to be displayed include plastic machinery, plastic/rubber processing technology, pre and post-processing systems, plastic packaging technology, injection moulding, blow moulding, wrapping technology, extrusions, chemicals and additives, semi finished goods, engineering plastics and plastic products.

 

Source: tradearabia.com

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