Home > OUR NEWS & MEDIA> Press Releases> 2019> GPIC delegation attends GPCA Forum
05 December 2019

Omani Minister of Oil and Gas His Excellency Dr. Mohammed bin Hamad Al Rumhi, inaugurated the 14th Gulf Petrochemical and Chemical Association (GPCA) Forum in Dubai, UAE on December 4, 2019.

The Omani Minister later visited the stand of GPIC at the accompanying exhibition on the sidelines of the Forum, where he was received by the Chairman of the Board of Directors Dr. Ahmed Ali Al Sharyan, company President Dr. Abdulrahman Jawahery and a number of officials. During the visit, the minister said the company was a successful model for Gulf cooperation and wished it more successes regionally and internationally.

A high-level GPIC delegation, headed by Dr. Al Sharyan, and including Dr. Jawahery, participated in the Forum. 

Several top industry professionals were the keynote speakers at the event, during which a number of specialized working papers were presented and discussed.

GPCA Board of Directors Chairman His Excellency Yousef Al-Bunyan, in his opening remarks, welcomed participants to the event, held from December 3 to 5, on the theme, Success through strategic partnerships.

Mr. Al-Bunyan stressed the need of the GCC petrochemical sector for more mergers and acquisitions among industrial companies, in addition for a need to adopt measures that would reduce costs and increase productivity. He said adopting these measures would be the best way for the regional petrochemical industry to survive and prosper.

In his comments, Dr. Jawahery, who is also GPCA Vice President, said GPIC has been keen to take active part not only in this important forum, but in various other events it has organised since it was formed in 2006.

He said the forum has always been a success thanks to good organization and preparation, as well as due to the large attendance of prominent regional and global experts in the oil and derivatives industries. He said the gathering was an opportunity for those attending to benefit from the experience of experts.

He said extensive discussions that took place during the forum focussed on achieving growth and added value through innovation and sustainability in the region’s petrochemical industry.

Dr. Jawahery said that participation of more than 2,000 executives and experts from the most important regional and international and regional companies of 52 countries contributed to a rich exchange of views, experiences and knowledge.

He pointed out that the petrochemical sector is gaining increasing importance and the growth rates in the region have been higher than those recorded globally, despite continued volatility in markets and increased competitiveness.

Dr. Jawahery also spoke of GPIC’s active participation in the exhibition and said the company’s pavilion highlighted its achievements and future projects to visitors.

GPCA Secretary General Dr. Abdulwahab Al-Saadoun praised GPIC’s participation and its active role in the exhibition, stressing the company is one of the pillars of the petrochemical industry and fertilizers in the Gulf, and has made significant investment in advanced technology.

He said over the last decade, the forum has established its position as a regional and global platform that attracts leaders in the energy sector to discuss and exchange views on pressing issues that affect the growth of the sector. He said it would continue to build on what has been achieved and strengthen the momentum in the coming years.

GPCA is the first association of its kind in the Middle East and has seen a steady expansion in its activities since its establishment in March 2006 to guide the chemical and petrochemical industries in Gulf countries towards an era of fruitful cooperation.

It has achieved a new dimension of its mission by creating a discussion forum and a platform through which petrochemical and chemical manufacturers communicate and share their concepts and ideas.

GPCA aims to enhance the role of regional countries in the dialogue aimed at formulating policies and regulations related to the chemical and petrochemical sector in all fields to ensure sustainable and socially responsible growth.

It provides opportunities for member companies to communicate through various platforms to exchange information and experiences to ensure the desired development and prosperity of the chemicals, petrochemicals and related sectors in the Arabian Gulf region.

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