GPCA: Moving the Industry Forward in Challenging Times

Saudi Aramco showcased the growth and diversification of our integrated downstream strategy and portfolio at the 10th annual Gulf Petrochemicals and Chemicals Association (GPCA) Forum, recently held in Dubai, UAE. The GPCA’s flagship annual event gathers delegates from the world’s biggest petrochemicals and chemical producers to meet and discuss industry trends, challenges, and strategies. The three-day conference was attended by more than 2,000, including the CEOs of global and regional chemical companies and senior government representatives from the GCC. It provides an excellent opportunity for Saudi Aramco to share its achievements in the downstream business and to reiterate its commitment to becoming the global leader in integrated energy and chemicals. Attendees heard insightful speeches from the industry’s top leaders and panel discussions and also participated by asking about various aspects of the industry. Leading industry players, including Saudi Aramco, SABIC, Sadara, and Petro Rabigh also had booths at the exhibition. This year theme was “Building on Achievements: Enabling Continued Success in the Changing Chemical Landscape,” which marked the GPCA’s 10-year anniversary since the first event in 2006. Much has been achieved by the regional petrochemical industry. Now, the regional industry accounts for $88 billion in revenue, has created more than 150,000 direct jobs, and accounts for 13% of the world’s petrochemical output by volume. “GPCA is a great focal point for our regional industry. In challenging economic times, our industry must work even harder to unlock its growth potential. Across the region and beyond, we now need to embed the collaboration and partnerships necessary for diversification into high-value manufacturing sectors that will sow the seeds of our long-term success.”, Saudi Aramco Chemicals vice president Warren W. Wilder said in a comment.