Middle East Business: Jebel Ali Port, Jafza to showcase their offerings at GPCA forum – Gulf Digital News

Middle East Business: Jebel Ali Port, Jafza to showcase their offerings at GPCA forum – Gulf Digital News

DP World's flagship Jebel Ali hub including Jebel Ali Port and Jebel Ali Free Zone (Jafza), which play an integral role in enabling the petrochemical sector in the UAE and the Middle East, will highlight the growth prospects in the sector and their competitive offerings with their participation in the 15th edition of Gulf Petrochemicals and Chemicals Association (GPCA) Annual Forum.

 

The event is being held from December 7 to 9 in Dubai, UAE.

 

“The UAE and the Middle East region for years have been recognised as a thriving hub for the petrochemical industry. Petrochemicals are important for any industry and 95 per cent of all manufactured goods such as electronics, furniture, appliances, textiles and many more are based on petrochemicals. This makes it an important economic drive,” DP World said in a statement.

 

Abdulla Bin Damithan, CEO and Managing Director, DP World UAE & Jafza said: “The global petrochemical market is expected to grow at a CAGR of 5.1 per cent between 2021 and 2030 as per reports by market research and consulting organisation Precedence Research. As forecasted by the American Chemistry Council (ACC), global chemical output volume is expected to grow by 3.9 per cent in 2021. So, we are seeing