GCC Petrochemicals Industry is in a golden decade, say speakers at 9th Annual Forum

摘要

THE GCC petrochemicals sector is entering a promising phase in its development and has to leverage opportunities in order to overcome challenges from global competition, said speakers at the 9th Annual Forum, hosted by the Gulf Petrochemicals and Chemicals Association (GPCA). "The Gulf's investments in petrochemicals have a strategic importance as they help grow economies and satisfy the growing demand for [petrochemical] products," said His Excellency Dr. Mohammed Saleh Al Sada, Qatar's Minister of Energy & Industry in his plenary address. "QAPCO's birth in Qatar 40 years ago marked the start of the GCC's petrochemical industry, creating a new set of opportunities."