Sabic and Tasnee sponsor Saudi PPPP as petrochemical investment hits $960bn

Organisers of the 2014 combined editions of Saudi Plastic & Petrochem and Saudi Print & Pack (Saudi PPPP) are underscoring Saudi’s regional dominance in the sector.

Saudi PPPP, now in its 11th year, is taking place on 17–20 February at the Riyadh International Convention and Exhibition Centre.

Investments into Saudi Arabia’s petrochemical sector have hit 3.6trn riyals ($960bn) trillion, said the event organisers. In packaging, the Kingdom holds 70% of the Gulf market.

The two concurrent Saudi PPPP shows will feature diverse products, services and technologies from 16 countries across 20,000sqm of exhibition space with nine country pavilions.

Saudi PPPP

Leading Saudi firms are supporting Saudi PPPP 2014, including its diamond sponsors: Saudi Basic Industries Corporation (Sabic) and the National Industrialisation Company (Tasnee), the Kingdom’s first joint-stock industrial company to be fully privately owned.

Zeyad Al-Rukban, assistant general manager, Riyadh Exhibitions Company, said the event will reflect Saudi Arabia’s expansion in petrochemicals.

“It is an important platform for industry leaders, stakeholders and investors to interact and explore the latest and most innovative solutions currently available in the global markets to meet their needs,” he said.

“The combined shows also affirm the KSA’s prominent status in the regional and global markets and foster energetic and productive discussions on the current state and future of the Saudi petrochemicals sector.”

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