KSA Business: GPCA Plastics Conference in Saudi Arabia for first time – Gulf Digital News

KSA Business: GPCA Plastics Conference in Saudi Arabia for first time – Gulf Digital News

Saudi Arabia will host the 11th edition of the Gulf Petrochemicals and Chemicals Association Plastics Conference for the first time, attracting senior industry leaders to discuss the future of plastics in the Gulf region and beyond.

The conference at the Fairmont Hotel in Riyadh on May 25 and 26 will take place under the theme ‘Plastics Reimagined: A Circular Future Awaits’ and provide a platform to exchange ground-breaking ideas to transform the plastics industry and bring the circular economy to the Arabian Gulf.

A new GPCA report reveals that regional plastic production capacity reached 28.2 million tonnes in 2020, growing by 3.6% CAGR since 2010, higher than the global average for the same period.

Largest polymer producer

The report, titled ‘The Plastic Conversion Opportunity in the GCC: Moulding a Sustainable Future’, examines Saudi Arabia’s status as the largest polymer producer in the region, and home to the most diverse product portfolio in the whole of the GCC, accounting for 68% of total output in the Arabian Gulf. According to the report, in 2019 the kingdom was producing about 30 value-adding products – the highest in the region.

In an effort to build a circular economy in the country and address plastic recycling, Saudi Arabia established