SABIC professionals to exchange expertise at Jubail event

Prince Saud bin Abdullah bin Thunayan Al-Saud, chairman of the Royal Commission for Jubail and Yanbu and chairman of the board of directors of SABIC, will patronize the SABIC Technical Meeting on Sunday.
The exhibition of SABIC Technical Meeting is staged every two years alongside the Technical Meeting series.
This year will mark the 11th edition of STM in Jubail Industrial City.
The theme for the event is “Commitment to Reliability & Sustainability”.
The exhibition will include meetings and networking opportunities for exhibitors and visitors.
STM-11 is designed to enable SABIC’s experts to network, present their innovative efforts that will contribute to a global culture of innovation and development.
During the three-day meeting, SABIC professionals will exchange knowledge through a technical program featuring keynote speakers from GCC and worldwide.
The three-day meeting will be held at the King Abdullah Cultural Center in Jubail.
Jubail Industrial City or Al-Jubail Al-Sinaiyah is the a major chemical industry hub in the Kingdom.
It is uniquely characterized for its perfectly built infrastructure, making the city a destination for many global organizations to establish their business and integrate in the highly categorized Saudi market.
The city is one of the largest industrial complex of its kind in the world and comprises petrochemical plants, fertilizer plants, steel works, an industrial port and myriad support industries.
Jubail has been chosen as the venue for this multinational event exhibition to showcase competitive value and advantage.
The meeting is an opportunity for those who are looking to enter one of the world’s largest and fastest growing energy markets.
Saudi Arabia has witnessed great advances in the petrochemical sector during the last decade, which has driven the national economy and advanced the country’s presence in the world.
The industry continues to build on these foundations year-on-year.
Petrochemical trade is the second largest industry in the Kingdom.
In recent years, investments in petrochemicals have increased aiming to exploit the great potential of the sector.
According to data made available to Arab News, Saudi Arabia accounts 75 percent of GCC petrochemical production.
The petrochemical market enjoys very encouraging regional and global demand trends.
With global growth driven by industrial activity in emerging markets, the petrochemical sector has enjoyed strong utilization rates and firm pricing trends.