GPCA to host special edition of Annual Forum in February 2021

GPCA to host special edition of Annual Forum in February 2021

Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf, announced that a special edition of the 15th Annual GPCA Forum will take place during 10-11 February 2021 at the Madinat Jumeirah, Dubai, addressing the theme ‘Leadership in the New Reality – Catalysing Sustainable Growth in the Chemical Industry'.The forum's agenda will include four main sessions, which will be addressed by CEOs of leading chemical companies and key players from the Arabian Gulf region and globally. They will discuss opportunities for the new era beyond Covid-19. The forum is set to attract senior industry executives from over 50 countries.The Covid-19 pandemic led to plunging petrochemical prices, eroding margins, and depressed demand during the first two quarters of 2020. The regional chemical industry started to bounce back in Q3-2020 but has not recovered fully yet. Despite earnings being negative, the third quarter of this year closed with net income growth for the majority of listed GCC chemical producers, which posted an average net income growth of 78%.As the chemical industry emerges from the devastating impact of the coronavirus pandemic, leadership in the new reality will become front