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DP World, UAE Region is showcasing its growing strengths in the petrochemical sector at the 13th Annual GPCA Forum in Dubai started on the 26th November, organised by the Gulf Petrochemicals and Chemicals Association.
The GPCA Forum is a reputed gathering of the chemical and petrochemical sector in the GCC region, with hundreds of industry decision-makers, executives and professionals expected to attend the three-day event.
DP World has played a vital role in building one of the most efficient supply chains for the downstream petrochemicals industry in the GCC through its unique ecosystem that provides comprehensive trade and logistics support. As an integrated logistics hub, Jebel Ali Port and Jebel Ali Free Zone (Jafza) provide multi-modal connectivity to international markets with a dynamic and streamlined global supply chain, supported by DP World’s operations in 40 countries.
Mohammed Al Muallem, CEO and Managing Director, DP World, UAE Region, said:
“Jebel Ali Port is the gateway to over 70 per cent of the GCC’ polymer exports, serving as an integrated logistics hub for the wider petrochemical supply chain. Our state-of-the-art infrastructure can handle all kinds of solid and liquid chemicals, supported by specialised storage facilities. The GPCA Forum will be an ideal opportunity for us to draw and sustain interest from the international companies seeking to establish and expand their operations across this region.”
Chemicals and petrochemicals segments are among the top five traded commodities segments at Jebel Ali Port, the tenth largest container port globally by volume, and connects to a network that provides over 80 weekly services to 140 ports worldwide. The port’s 19.3 million TEU capacity allows the handling of standard and ISO tanks with over 11 million sqm of a dedicated tank terminal for liquid cargo handling.
There are more than 950 companies from over 80 countries registered with Jafza, the region’s premiere business and logistics hub, from the petrochemical and chemical sector, and their numbers are growing with new production units and factories, as well research centres established by international companies, including China XD and Momin Oil this year. Petrochemical companies operating in Jafza generated trade worth AED 16 billion in 2017. The Oil & Gas and Chemicals segment contributes nearly 65% to Jafza’s overall traded volume and nearly 60% to the traded value, taking advantage of the integrated services offered by DP World, UAE region.
The main conference sessions will offer the visionary leadership and insight on the opportunities and challenges facing the sector, while a range of seminars and masterclasses will provide practical tools and strategies to be taken away by the participants.
The GPCA represents the downstream hydrocarbon industry in the Arabian Gulf, voicing the common interests of more than 250 member companies from the chemical and allied industries, accounting for over 95% of chemical output in the region.
The industry makes up the second largest manufacturing sector in the region, producing over USD 108 billion worth of products a year.
Jebel Ali Port is strategically located, offering the GCC’s export markets the shortest land transit time of two or three days from anywhere within the GCC region.
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