Exhibitors and participants in the 15th edition of the Saudi Plastics and Petrochemical Industries Exhibition 2018 their preparations to showcase their latest products at the Riyadh International Convention and Exhibition Center, from January 21 through January 24.
Recent reports indicate that the Gulf chemical industry has recorded its fastest growth rate in five years; chemical production rose by 5.3% to reach 167 million tons in 2017, The increase in production capacity is attributed to the Kingdom achieving an annual production growth of 12.7%. The petrochemical and chemical industries sector in the Kingdom plays a leading role in driving economic transformation, job creation, and growth in line with the Kingdom’s Vision 2030, which has established manufacturing as the foundation for its industrial goals supporting economic diversification, capitalizing on opportunities, opening new sectors, and supporting small and medium-sized enterprises.
This event brings together leading industry figures from the local, regional, and international levels and offers a number of specialized workshops in this sector, as well as a showcase of the latest technologies and services for the plastics and petrochemical industries, which contribute to diversifying sources of income, in line with the Kingdom’s Vision 2030.
This prominent event, organized by Riyadh Exhibitions Co., Ltd., coincides with the «Saudi Printing and Packaging Exhibition 2018,» as well as the 14th International Trade Fair for Printing and Packaging Technologies.
In this regard, Mr. Mohammed bin Hamad Al-Husseini, General Supervisor of the exhibition, stated that the “Saudi Plastics” is part of the massive industrial economic movement the Kingdom is undergoing, which has turned it into a permanent workshop, in implementation of the National Transformation Program 2020 and the Kingdom’s Vision 2030, noting that the exhibition aims to increase the contribution of petrochemicals and reduce the country’s dependence on oil, while focusing on supporting sustainable local industries and attracting local and global investments in this sector.
