Gulf chemicals industry 2nd largest in manufacturing sector

Dubai - Mubasher: The organizers of the 13th ArabPlast 2017 said that the chemicals industry of the GCC is the region’s second largest within the manufacturing sector, according to a press release.

The industry creates over 500,000 direct and indirect jobs and $108 billion worth of products in 2015.

The UAE and Saudi Arabia had 13.7 million tons per year and 98.5 million tons per year of petrochemical capacity respectively in 2016, according to the Gulf petrochemicals and chemicals association (GPCA), and combined, hold 74% of the chemicals portfolio of the Arabian Gulf, the statement indicated.

Exhibitors will display the latest technology solutions related to extrusion, injection, molding, chemicals and others, along with their industrial applications in packaging, construction, medical and agriculture fields, automobile sector among others.

Mubasher Contribution Time: 04-Jan-2017 17:03 (GMT)
Mubasher Last Update Time: 04-Jan-2017 17:03 (GMT)