gulf petrochemical output over 150 mln ton by 2015
Last Updated : GMT 17:02:39
Arab Today, arab today
Arab Today, arab today

Gulf petrochemical output over 150 mln ton by 2015

Arab Today, arab today

Arab Today, arab today Gulf petrochemical output over 150 mln ton by 2015

Dubai - Kuna

The Gulf Cooperation Council (GCC) petrochemical output is expected to top 150 million metric ton by 2015, said a Kuwaiti industrialist attending the sixth annual session of the Gulf Petrochemicals and Chemicals Association (GPCA) which kicked off here Tuesday. GPCA Vice Chairman, President and CEO of EQUATE Petrochemical Co., Kuwait Hamad Abdul Rahman Al-Terkait, told KUNA, \"GCC states account for 11 percent of the global petrochemicals output at present, and the percentage is expected to cross 15 percent by 2015 of a global industry worth over USD 600 billion.\" Kuwait\'s share of this percentage, however, is just two percent, which is a very modest number amid increasing focus by other Gulf countries\' investments on petrochemical industries and linking refineries with petrochemical complexes, Sadara Chemical Company in Jubail, Saudi Arabia being one example. The GPCA vice chairman added that the industry is faced with challenges related to the global economic recession, lack of qualified national staff, lack of feed material, and inadequacy of infrastructure, supply, and logistic supply. Still, all these challenges did not prevent growth of this industry and its sustainable development.\" Al-Terkait said this year\'s most important topics include development of petrochemical manufacturing industries of the Gulf and address issues related to manufacturers such as investment opportunities and better utilization of available funding. This is in addition to the issue of job opportunities for GCC young workers beyond the immediate oil industry. On GPCA, he said that since launch of the bloc in 2006, it continued to grow into a body which gathers 150 companies from the Gulf and beyond, with activities that attract world experts for the rich discussions and important topics addressed. \"The growth the member state have achieved merits much pride. \" This year\'s meetings are attended by over 1,500 participants, and the event concludes on Thursday. Established in 1995, EQUATE is an international joint venture between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC), and Qurain Petrochemical Industries Company (QPIC). The company started production in November 1997 and is currently the lone operator of an integrated group of international standards factories. The group produces over 5 million metric ton of high-quality petrochemical products each year and the products are marketed in the Middle East, Africa, and Europe.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gulf petrochemical output over 150 mln ton by 2015 gulf petrochemical output over 150 mln ton by 2015

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gulf petrochemical output over 150 mln ton by 2015 gulf petrochemical output over 150 mln ton by 2015

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Banyan Tree Phuket Takes Festive Season

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Top Democrat faces investigation

GMT 09:50 2017 Friday ,17 November

Top Democrat faces investigation
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Angola oil boss sacked by father's protege

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Urban, young and active?

GMT 11:01 2017 Thursday ,16 November

Urban, young and active?
Arab Today, arab today Ayten Amer happy for “The Flood” success

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success
Arab Today, arab today Unloved vultures fight for their survival

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 08:21 2017 Tuesday ,14 November

Nelly Karim focuses on humanitarian roles

GMT 09:23 2017 Wednesday ,15 November

Years melt away as Bening & Bell play unlikely lovers

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 13:40 2017 Monday ,13 November

Pollution spikes in Delhi amid warnings

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 10:55 2017 Thursday ,16 November

UN warns fuel running out

GMT 01:04 2017 Wednesday ,15 November

In Morocco, a blue tourist town

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday