Over $60bn petchem projects set to boost Saudi local sector

25/11/2014 06:32 AST

MEED, the Middle East Business Intelligence, lists 26 projects worth $15 billion under way in the Saudi petrochemical sector, while another $46 billion worth projects are under planning stage.

The plastic industry, on the other hand, is being developed to support economic diversification away from hydrocarbons. To complement the ongoing development, Saudi Plastics and Petrochem 2015, the 12th International Plastics and Petrochemicals Trade Fair, offers a perfect platform to plastic and petrochemical industries to showcase the latest technologies, products and services to a dynamic local, regional and international audience.

The Western Region is home to almost one-third of country’s plastic and petrochemical industries and boast of more than 50 percent of both sectors’ production in addition to being the most populated region in the country with major ports and commercial centers. With such in-depth economic viability, Riyadh Exhibitions Company organizes Saudi Plastics and Petrochem 2015 for the first time in Jeddah to offer a deeper insight about the state-of-the-art plastics and petrochemical machinery and solutions, learn about the current industry trends and developments, and network with industry professionals.

To be held from March 1 to 3 at the Jeddah Center for Forum and Events, Saudi Plastics and Petrochem 2015 will be held concurrently with Saudi Print and Pack 2015, the 12th International Trade Exhibition for Printing and Packaging Technologies, to facilitate the outstanding growth witnessed by the western region in the industrial sector.

Furthermore, organizers have confirmed the participation of Petro Rabigh as a golden sponsor. During its last edition, Saudi Plastics & Petrochem and Saudi Print & Pack hosted over 512 exhibitors from 26 countries with 10 international pavilions and showcased innovative products and solutions over sqm 15,000 of exhibition space.

The show recorded a footfall of more than 21,000 visitors who immensely benefitted from the trade fair.

Arab News