[3/7] Saudi petrochem investments soar to SAR 3.6 - TopicsExpress



          

[3/7] Saudi petrochem investments soar to SAR 3.6 trillion. Investments into Saudi Arabia’s petrochemical sector have reached a staggering SAR 3.6 trillion, making the Kingdom a primary source of material for related products such as packaging and plastic. Domestic plastics production alone topped 1.7 million tons last year, while on the packaging front the Kingdom currently holds a 70 per cent share of the entire Gulf market. The 2014 edition of Saudi Plastic & Petrochem, the 11th International Plastics and Petrochemicals Trade Fair, and Saudi Print & Pack, the 11th International Trade Exhibition for Printing and Packaging Technologies, will gather decision markers, industrialists, developers, other professionals and investors to unveil leading business and investment opportunities as the Kingdom maintains its dominance in the petrochemicals space. The two events – collectively referred to as Saudi PPPP – are into their 11th year and combine to form the largest marketplace for plastics, petrochemical, printing and packaging products, machinery and services in the Middle East. They will be held from February 17 to 20, 2014 at the Riyadh International Convention and Exhibition Center. Saudi PPPP 2014 will showcase the diverse products, services and technologies of exhibitors from 16 countries within over 20,000 sqm of prime exhibition space that will feature 9 country pavilions as well. The concurrent shows will be supported by some of the biggest industry names in Saudi Arabia, including Saudi Basic Industries Corporation (SABIC), one of the world’s leading manufacturers of chemicals, fertilizers, plastics and metals, and The National Industrialization Company (TASNEE), the first joint-stock industrial company in the Kingdom to be fully owned by the private sector. SABIC and TASNEE are the Diamond Sponsors of Saudi PPPP 2014. Source:saudi-pppp
Posted on: Wed, 03 Jul 2013 07:11:54 +0000

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