27 May 2010–(BUSINESS WIRE)–The Middle East will be a leading producer and exporter of plastic resins within the next five years, with polyethylene (PE) and polypropylene (PP) capacity in the region slated to more than double by 2015.
The Middle East plastics industry is expected to grow 30 per cent/year. This phenomenal growth rate, and the consequent further investment and industrial development opportunities presented have prompted the organization of the First GPCA Plastics Summit, taking place at the Grand Hyatt Dubai from the 14-16 June 2010.
More than 400 key decision makers, players, and stake holders in the regional petrochemicals and plastic converting industry are expected to gather for this event, organized by the Gulf Petrochemicals and Chemicals Association (GPCA) in conjunction with Chemical Week. For more information please visit www.gpcaplastics.com.
Covering issues that impact the entire plastics value chain – resin producers to converters to retailers–as well as addressing how the Middle East and global plastics industry is evolving to drive sustainable growth through socially responsible initiatives, the Summit harnesses the expertise and network of both organizations.
“Plastics can be sustainable and an environmentally responsible solution to society’s questions,” said Dr. Abdulwahab Al-Sadoun, Secretary General of GPCA, “Although the plastic industry is often a target for not being socially responsible, plastics are necessary to our everyday life as they are used in medicine, packaging, construction and agriculture.”
“This event is designed to burst myths and provide a platform for Middle East and global participants in the plastics industry to exchange ideas and best practices in an age of fast-changing industry dynamics and increasingly exacting social accountability,” he added.
Delegates at the Summit will also learn about investment opportunities in the fast-growing Middle East, meet movers and shakers in the industry, tap into growth opportunities along the value chain, and explore the development of clean and green initiatives. They will hear success strategies for driving sustainability and translating them into viable business models.
“The value of Plastics as an environmental solution for modern society is increasingly understood and discussed at top-level forums worldwide. The GPCA Plastics Summit will offer a platform to explore leading-edge issues concerning the development of a vibrant plastics industry in the Middle East,” said Lyn Tattum, Publisher Chemical Week.
Speakers at the Summit will address both critical business and environmental issues regarding the plastics industry of tomorrow and the crucial role of plastics products in society. Speakers will include Moayyed I. Al Qurtas, Chairman of Plastics Committee, GPCA; Vice Chairman and CEO, TASNEE; Hugo Verlomme, environmentalist and author of The Plastic Bag War; Ray Hammond, Futurist; Khaled Al Mana, Executive Vice President Polymers, SABIC; Javier Echevarria, Associate Director/Global Packaging and Hygiene Purchasing, Procter & Gamble; Manfred Klepacz, CEO, Al Rajhi Holding Group, and more.
“Our portfolio of speakers is unrivalled and boasts highly influential industry spokespeople. Ideal for networking and gathering essential industry knowledge, the Plastics Summit will showcase the manufacturing excellence and innovation of regional plastics companies and help to highlight the importance of continual investment,” added Dr. Sadoun.
About the Gulf Petrochemicals & Chemicals Association
Gulf Petrochemicals and Chemicals Association (GPCA) is the first such association to represent the interests of the industry in the Middle East and it has brought a major dimension to its task by creating both a forum for discussion and a place where likeminded people can meet and share concepts and ideas. Since its inception in March 2006, the GPCA has earned the enviable reputation for steering the regional industry towards a whole new level of co-operation and raising the standard in terms of common ground interests.
As the regions’ Petrochemicals and Chemicals Industry’s most respected representative body, GPCA will continue its efforts to enhance the role of the region in international debate and policy making while always ensuring that its doors are always open to its members and it acts as a catalyst for focusing attention on matters on issues relevant to the industry.
GPCA’s mission is singular and specific in that it intends to support the growth and sustainable development of the petrochemical and chemical industries in the Gulf in partnership with its members and stakeholders and be both a sounding board and a meeting point for debate and discussion. Additional information is available at www.gpca.org.ae.
About Chemical Week
Chemical Week, part of Access Intelligence, LLC, is the world’s leading source of news and analysis for key professionals concerned with the chemicals, petrochemicals, specialty chemicals and related industries. Chemical Week information is available face-to-face, daily, weekly and 24/7 via our websites, weekly print magazine, newsletters, custom publications, online buyers’ guides, and conferences. Additional information is at www.chemweek.com.
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