Innovation earmarked for key role in driving downstream growth

innovation downstream role growth report
Gulf
  • Date: 10-May-2021
  • Source: Bizbahrain
  • Sector: Economy
  • Country: Gulf
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Innovation earmarked for key role in driving downstream growth

A new Covid-19 Response Report (CRR), produced by Oxford Business Group (OBG) in partnership with the Gulf Petrochemicals and Chemicals Association (GPCA), will explore the key role that innovation is set to play in adding value to the downstream energy industry and driving new growth as the region’s markets move forward with their economic diversification strategies. Provisionally titled ‘Innovation Landscape in the GCC Petrochemical Industry’, the report will provide in-depth analysis of the sector in an easy-to-navigate and accessible format, focusing on key data and infographics relating to the region’s socio-economic landscape. The report will chart domestic and export sales of Gulf petrochemical products in the years leading up to the outbreak of Covid-19 and assess the initial impact of the pandemic on the industry. It will then examine the policies implemented across the region aimed at helping downstream firms to tackle the challenges they faced during the crisis. The report will also consider what the near term holds for the industry by shining a spotlight on Gulf export markets and analysing their prospects for recovery. Other topical issues explored include the increased focus on issues relating to sustainability and environmental, social and governance (ESG) principles. Here the CRR will

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