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The Saudi Plastics and Petrochemical Industries Exhibition 2020 Kicks Off Tomorrow, Monday, in Riyadh

Plastics Expo 2 - Real Estate Exhibition

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Riyadh Exhibitions Co., Ltd. has completed its preparations for organizing the “Saudi Plastics and Petrochemical Industries Exhibition 2020” and the ”the “Saudi Printing and Packaging Exhibition,“ which will kick off tomorrow, Monday, January 13, and run through the 16th of the same month, with the participation of more than 424 exhibitors from 26 countries. The exhibition features eight international pavilions. The exhibition highlights government efforts aimed at elevating vital economic sectors to the highest levels of attractiveness and competitiveness. It is held under the patronage of His Excellency Bandar bin Ibrahim bin Abdullah Al-Khuraif, Saudi Minister of Industry and Mineral Resources. (Real Estate Exhibition)

Promising Investment Opportunities in Economic Diversification

The exhibition discusses the Kingdom’s economic diversification plans and the promising investment opportunities they present, as it uniquely highlights the latest advanced technological innovations in the plastics, petrochemicals, printing, and packaging sectors—which are considered pivotal pillars and a key driver of economic growth and diversification.

The ”Saudi Plastics and Petrochemicals Exhibition 2020,“ one of the most renowned specialized exhibitions in the Kingdom of Saudi Arabia and organized by ”Riyadh Exhibitions Company Limited“ at the ”Riyadh International Convention and Exhibition Center,“ holds particular significance as the largest gathering of decision-makers, experts, manufacturers, and local, regional, and international suppliers under one roof to explore prospects for mutual cooperation and discuss ways to secure new deals by capitalizing on the immense opportunities available within the petrochemical anddomestic plastics sectors, at a time when the Saudi government is moving forward with diversifying the national economy to elevate the Kingdom to the ranks of the world’s top 20 economies, in line with ”Saudi Vision 2030.”

Saudi Printing and Packaging Conference

The large scale of participation reflects the high level of confidence and the prestigious reputation the event enjoys on the global stage. The exhibition’s agenda will also include the ”Saudi Plastics and Petrochemicals Conference“ on January 14, 2020, and the ”Saudi Printing and Packaging Conference,“ which will take place on January 15 and 16, 2020, with notable support from the government and private sectors to bring together a select group of experts to foster constructive dialogue, enrich knowledge, and share successful experiences that will solidify the Kingdom’s leadership at the forefront of the global economy.

Mr. Mohammed bin Sulaiman Al Sheikh, General Manager of Marketing at “Riyadh Exhibitions Company Limited,” said: “This year’s edition of the exhibition continues to cement its position as a key strategic platform for strengthening cooperation between leaders in the petrochemical, plastics, and packaging industries in the Kingdom and around the world, to harness and capitalize on emerging opportunities and promising prospects available in the Kingdom, in tandem with the accelerating pace of development and diversification of the national economy, supported by the government’s ongoing efforts to realize the objectives of the ”National Transformation Program 2020“ and “Saudi Vision 2030.” The upcoming edition represents a true continuation of the success of previous editions, which demonstrated the exhibition’s importance as a cornerstone for enabling Saudi companies to establish a base for the petrochemical and manufacturing industries, in line with the national goal of increasing the petrochemical sector’s output from $133.33 billion to $453.3 billion by 2030. This will contribute to increasing non-oil exports to $666.66 billion by the same year.”

Unveiling the Latest Innovations and Products to Industry Professionals

Al-Sheikh added: "The 17th edition of the "Saudi Printing and Packaging Exhibition" is distinguished by the unveiling of the latest innovations and products to specialists and experts from around the world, opening up broad horizons for exhibiting companies and visitors to gain firsthand insight into investment opportunities available in the Saudi market, while announcing the launch of new collaborative projects with international and local entities and providing Saudi companies with access to the tools needed to enter new markets forSaudi plastic end-products, especially since 70% of the raw materials exported from Saudi Arabia to the rest of the world consist of petroleum derivatives, Furthermore, exports from the plastics and chemicals sectors account for approximately 60% of the Kingdom’s non-oil exports, which in turn hold a 67% share of the packaging industry in the Gulf states."

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