Islamophobia threatens global peace and coexistence, not just Muslims, says MWL chief at UN    Power bank likely caused South Korea plane fire, investigators say    Gold prices hit $3,000 for the first time as investors push the panic button    Hungary drops veto and agrees to prolong EU sanctions on Russian individuals    China hits out at 'threats of force' on Iran as Trump pushes for new nuclear deal    Makkah Lanterns Festival returns for the eighth year as part of Ramadan activities    Crown Prince receives Yazeed Al-Rajhi after historic Dakar Rally 2025 victory    SR17 million fines slapped on 16 individuals and companies convicted of violating Capital Market Law    Saudi Arabia welcomes border agreement between Tajikistan and Kyrgyzstan    Saudi ambassadors take oath before Crown Prince    16 endangered species released into AlUla's Protected Areas    Saudi Crown Prince reaffirms support for a political solution to Ukraine crisis in call with Putin Putin praises Saudi Arabia's constructive role and mediation efforts    NCM forecast: Thunderstorms to hit most Saudi regions until Monday    Saleh Al-Shehri's late penalty rescues Al Ittihad against Al Riyadh    Grand Mufti rules against posting prayers and preaching in mosques on social media    Man lives for 100 days with titanium heart in successful new trial    Argentinian court begins trial of seven healthcare professionals over Maradona's death    Al Hilal crushes Pakhtakor to storm into AFC Champions League quarter-finals    Singer Wheesung who wooed Korea with his ballads, found dead at 43    Prince Frederik of Luxembourg dies from rare disease    Real-life shipwreck story wins major book award    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Potentials of Saudi petrochem industry singled out at forum
Published in The Saudi Gazette on 17 - 06 - 2015

JEDDAH — The Delegation of German Industry and Commerce for Saudi Arabia, Bahrain and Yemen (GESALO) organized a delegation trip of Saudi businessmen to ACHEMA trade fair which was opened last Monday for the 31st time. ACHEMA is the world forum for chemical engineering and the process industry and an innovations' platform and technology summit. It takes place every third year and was first organized in 1920. It covers all steps of the value added chain of the process industry. The trade fair has been the leading show in the petrochemicals sector and process industries for decades. It is organized by Dechema GmbH.
The delegation was organized by Andreas Hergenröther, Delegate of German Industry and Commerce for Saudi Arabia, Bahrain and Yemen and Al-Ameen Al-Dalali, Head of Trade Fair Department of GESALO. GESALO is the official representative of ACHEMA trade fair in Saudi Arabia and had organized a presentation event with Dechema CEO Dr. Thomas Scheuring in September 2014 to promote the show.
GESALO organized in collaboration with Dechema the Saudi Arabia Downstream Forum. The event took place on the first day of ACHEMA show last June 15. After Dechema CEO Dr. Thomas Scheuring officially welcomed the delegation in the Congress Center of Messe Frankfurt, the delegation participated in the opening of the show and enjoyed a guided tour over the show venue before it participated in a networking lunch.
Subsequently, the Saudi Arabia Downstream Forum was opened by Dr. Thomas Scheuring and Andreas Hergenröther. The event, moderated by the Delegate Hergenröther continued with the speeches of a number of high-ranking businessmen: Jürgen Nowicki, Speaker of the Board of Linde AG - Engineering Division; Eng. Osama Al-Zamil, Chairman of Zamil ChemPlast; Saud Al-Sabhan, Marketing Manager Saudi Industrial Property Authority (Modon); Werner Strauch, General Manager of Coperion Middle East Co. Ltd., Daniel Gottschald, CEO of ChemieCluster Bayern AG and Thomas Dreiling, CEO of ThyssenKrupp Industrial Solutions – KSA. The speakers shed light on the development of the Saudi petrochemicals market and highlighted its potentials.
Hergenröther said: “Saudi Arabia is the region's largest petrochemical producer with an annual 86.4 million tons of capacity. The Saudi Arabian petrochemical industry is one of the fastest growing sectors of the Saudi economy. The country alone produces 9% of the world's output of petrochemical products, shipping 17% of world exports in petrochemicals. Around 60 petrochemicals projects are currently being realized or planned.”
He added: “German companies have been strong partners for sustainable long-term business relations in the petrochemical sector in Saudi Arabia for decades. Companies, from global enterprises like Linde and Evonik to SMES like Coperion have ventured into the Saudi market and established themselves as strong partners for Saudi Arabian petrochemical businesses.”
A fruitful discussion concluded the Saudi Arabia Downstream Forum. As for the trade fair, four Saudi companies participated in ACHEMA as exhibitors: Al Abdulkarim Holding Company (a supplier for oilfield components, industrial automation and electrical and electromechanical devices), the government body Modon which supervises the development of a number of industrial cities, petrochemical and steel giant SABIC and state-owned oil company Saudi Aramco. One of the VIPs participating in the delegation was Fahd Bin Mohamed Al Hammadi, Head of the Arab Contractors Union and President of Al-Jazea Group. — SG


Clic here to read the story from its source.