Large-scale projects are underway that will push up Saudi Arabia’s overall petrochemicals production capacity to 100 million tonnes per annum by 2015, organisers of a leading industry event have said.

A recent BMI report further revealed that Saudi Basic Industries Corporation (Sabic) alone is seeking to triple the total global output of all its petrochemical products to 130 mtpa by 2020, including up to 20 mtpa of polymers.

Saudi Arabia is slated to host Saudi Plastics & Petrochem 2011, the 10th International Plastics and Petrochemicals Trade Fair, later this year. The exhibition will showcase brand new products, services and concepts and complements the robust growth outlook of the country’s petrochemical industry.

Saudi Plastics & Petrochem 2011 will run from November 28 to December 1 in Riyadh.

The trade event will provide an ideal venue for international engineering companies, manufacturers and suppliers of equipment, machinery and spare parts to showcase their products, services and the latest petrochemical technologies that will support the expansion initiatives of major companies.

Mr Kamil Al Jawhari, Project Manager of Saudi Plastics & Petrochem at Riyadh Exhibition Company, said: “With large-scale projects underway to build new production facilities that aim to sustain the growth in the production of various petrochemical products in Saudi Arabia, a much wider range of business opportunities have emerged for international suppliers and technology vendors in the petrochemical industry.”

“The Saudi Plastics & Petrochem 2011 will surely serve as a conducive venue to support the business-to-business networking and marketing activities of key players in the petrochemical and related industries,” he added.

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