GPCA WRAP: Saudi Aramco CEO sees next decade as golden age for petchems

摘要

Dubai-The next decade would be a decisive one for petrochemical industry in the Middle East, one "of opportunity and potentially far-reaching transformation" that should be seized before the moment passes. This was the message from Khalid Al-Falih, president and CEO of Saudi Aramco, on the first day of the fifth Gulf Petrochemicals and Chemicals Forum in Dubai on Wednesday. But it would also be a decade of challenges, he warned. "The next 10 years will be a golden age for our region in terms of economic conditions and commercial opportunities, but we also face many structural and demographic hurdles and challenges," he said.