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GPCA Annual Report 2021

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© © All Rights Reserved
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GPCA

2021
CHARTING NEW HORIZONS

www.gpca.org.ae
CONTENTS
Chairman’s foreword 4

Message from the Secretary General 5

About GPCA 8

Board of Directors 9

Membership 10

Industry year in review 12

GPCA year in review 17

» Networking 17
» Thought leadership 27
» Advocacy 31

GPCA Legacy Awards 37

Communications 38

Looking forward 39

The GPCA Secretariat team 40

Members directory 41

GPCA ANNUAL REPORT 2021 3


Chairman’s foreword
Yousef Al-Benyan
Chairman, GPCA and
Vice Chairman and CEO, SABIC

Welcome to the 2021 Annual GPCA Report – the association’s official On the advocacy front, we focused on the important issue of trade.
yearly publication which looks back on the year gone, the milestones We engaged in advocating for the modernization of the World Trade
and challenges for the chemical industry in the region and provides Organization (WTO), putting forward a list of key recommendations,
the latest updates from GPCA. Despite 2020 being an incredibly as well as the need for signing a trade facilitation agreement to
challenging year, in the second half of 2021 we saw a gradual recovery overcome GCC border delays, highlighting the cost and toll it takes
across chemical markets globally. In the GCC, chemical producers on the chemical industry in the region. We also organized two hugely
gradually began to recover from the impacts of the pandemic and successful public-facing advocacy campaigns which focused on the
demonstrated more positive financial results off the back of chemicals role of plastics and their benefits to society, as well as the role of agri-
demand growth. While chemical sales did not reach pre-pandemic nutrients in ensuring food security. With the topics showing no signs
levels and declined year on year, our reporting showed that the of diminishing in importance in 2022, we are planning to roll out the
industry continued to register growth in investment. second phase of these important initiatives and build on their success
in the months to come.
Powerful forces were at play across the world, signalling a transition
towards a more sustainability-conscious future and a heightened focus Looking forward to 2022, all signs point to a more buoyant year for
on businesses’ response towards balancing the 3P paradigm: people, the chemical industry, marked by robust prices, and strong demand
planet and profit. Over the last 12 months, these forces have been for both commodity and specialty chemicals. However, the year will
impacting chemical businesses in the region in new and unexpected hardly come without its challenges, as the industry could face margin
ways. Worldwide pledges to take action on climate change were some pressures, increased competition from China and the US and the
of the key highlights of 2021. In the Arabian Gulf during the fourth uncertainty and disruptive forces of new regulations. According to
quarter of the year we saw important announcements of new green experts, key trends to watch will include shifting demand in chemical
initiatives by leading regional economies which will without a doubt products, the need for portfolio transformation, sustainability and
transform the sustainability landscape in the GCC and drive new decarbonization, the digital transformation and customer-centricity.
investment moving forward.
The chemical industry in the region is entering into a new reality.
The COVID-19 pandemic continued to spread in parts of the world A reality that was in no small part shaped by the disruptive forces
and brought with it another year of uncertainty. Climate change and of the COVID-19 pandemic. Out of the challenges were born new
health crises were in the headlines of 2021, and those companies opportunities to pursue growth in new segments, to transform
that ignore these challenges do so at their own business peril. Trade the industry into a better and more efficient entity that embraces
protectionism, supply chain onshoring, the digital revolution, and rise digitalization, operates in a more responsive and agile way, invests in
in hydrogen investments were a few more mega trends that continued research and innovation and puts its people at the heart of everything
to impact our industry and gradually lead it into its next phase of it does. The next chapter of transformation will be promising, exciting
transformation. Talent development and employee wellbeing were at and more dynamic than ever before. It’s safe to say that the chemical
the centre of attention for businesses in 2021, as we were poignantly industry has been through many other cycles before and has emerged
reminded about our most valuable resources – our people – and our stronger and more resilient on the other side. I don’t expect this new
own vulnerability to the COVID-19 pandemic. chapter to be any different.

At GPCA, in the second half of the year we saw the return of our Across the Arabian Gulf, the GCC chemical community will continue
physical events, an exciting and welcomed move by our members and to be supported by its regional membership association – GPCA. We
partners. We organized three of our leading conferences in Dubai and remain more committed than ever to ensuring the chemical sector in
Riyadh bringing the chemical community together to exchange lessons the region is represented in front of the relevant stakeholders on the
learned, network and strategize for the future. The highlight of the year regional and global stage. We will advocate for policies and regulations
was the hosting of the Annual GPCA Forum in December in Dubai, in the best interests of our members, and bring them more new
marking the event’s 15th anniversary. A number of key GPCA events initiatives and programs all aimed at increasing their competitiveness,
needed to be organized virtually and to our great delight they reaped keeping them connected and providing new opportunities to grow
incredible success, attracting more delegates than ever from around their business. May the learnings of 2021 serve as a reminder of the
the world, and even doubling and tripling in numbers of participants. challenges that can come our way but also of the resilience that the
industry is capable of having, and the myriad of opportunities that can
As part of our mandate, in 2021 we continued to keep our members be taken to make 2022 into a brighter and more prosperous year.
well connected and informed by organizing a number of c-suite virtual
events, as well as maintaining our webinar series on vital industry
topics, and developing insightful thought leadership publications,
articles and reports which provided clarity and guidance on the
industry performance and the important trends to watch in the short
and long term.

4 GPCA ANNUAL REPORT 2021


Message from the
Secretary General
Dr. Abdulwahab
Al-Sadoun
Secretary General, GPCA

As we look back on the successes and challenges 2021 brought, we We ended the year on a strong note, with the 15th anniversary edition
also celebrate a special year where we witnessed great come back for of the Annual GPCA Forum, which was held on 7–9 December under
the industry after incredibly challenging year of the pandemic. We have the theme ‘Redefine. Reshape. Reinvent. The Chemical Industry in a
seen how regional leadership led the GCC nations out of the 2020 Post-Pandemic Reality’. Keeping in mind the restrictions that were put
crisis and in record time the year has signaled growth and brought in place to ensure the safety of all delegates, the forum still attracted
great optimism for the future. over 1,500 attendees from 386 companies.

Despite the challenges, the GCC chemical industry showed the We hosted the 3rd edition of the GPCA Legacy Award “Al-Rowad”
highest output growth globally and was among the few regions with a (‫ )ال ّرواد‬which recognized H.R.H. Prince Faisal Bin Turki Bin Abdulaziz
positive growth trajectory in 2020. Regional chemical output increased, AI-Saud, Advisor to the Royal Court, Saudi Arabia and Former Advisor
while globally it declined significantly. Our regional industry’s capacity to the Ministry of Petroleum and Mineral Resources, as well as H.E.
utilization stayed in line with the historical normal, much above global Yousef Bin Omair, former Minister of Petroleum and Natural Resources,
rates. This is an indication of the industry’s resilience, agility, and UAE, former Group CEO, ADNOC and Chairman, Borouge. Young
commitment to serving its customers all over the world in a reliable leaders from across the Arabian Gulf enjoyed the opportunity to expand
manner. their knowledge, meet with senior industry executives and network
at the biggest event for chemical and petrochemical professionals as
At GPCA, we worked tirelessly to support our members and the part of the Annual Forum edition of the GPCA Leaders of Tomorrow
regional chemical industry by bringing value to their business, by program.
helping them stay connected and informed, and advocate their
common interest. We continued to build on the success of our existing Throughout the year, we continued to organize the GPCA Webinar
programs and activities and introduced new initiatives across the Series, covering a range of insightful industry topics including
region to help advance the chemical industry agenda and advance our technology collaboration, local content, cybersecurity, carbon-efficiency
mission of supporting chemical companies in the GCC and being a in agriculture, international trade, and circular economy. As part of
champion of sustainable development. the series, we held a special training session on the United Nations
(UN) Globally Harmonized System of Classification and Labelling of
Below is a brief summary of the year’s highlights from GPCA. Chemicals (GHS).

Networking Thought leadership

In 2021, we held a number of virtual and physical networking events. Under this strategic and highly important pillar, GPCA published seven
We kicked off our calendar of events with the 12th GPCA Supply reports on important industry topics, including our annual ‘2021 Facts
Chain Conference, which was held virtually on 26–27 May 2021. We and Figures’ report, ‘The Innovation Imperative for the GCC Chemical
revamped the format to make it more informative, engaging, and Industry’ as well as the executive summary for the report ‘The Plastics
exciting. Our success was evident by the overwhelming response we Conversion Landscape in the GCC: Moulding a Sustainable Future’. In
received from 1,300 delegates from 413 companies who joined live and addition, GPCA in collaboration with ICIS regularly published a quarterly
on demand. We launched the inaugural GPCA Leaders Forum as an view on the latest global and regional chemical market conditions.
in-person event on 16 June at the Habtoor Palace Dubai, LXR Hotels
& Resorts, UAE. The forum was by invitation only, exclusively available We issued a number of post event reports on GPCA’s annual
to c-suite industry leaders. It took place under the theme ‘In Pursuit of conferences to provide a summary of the events’ program and the
Resurgent Growth During Turbulent Times’ facilitated by senior experts discussions that took place. The quarterly GPCA Insight publication
from the World Economic Forum (WEF) and attracted over 80 leaders saw four new editions released in 2021, offering our members,
from 59 companies. The 11th GPCA Agri-Nutrients Conference was conference speakers and partners an opportunity to share their thought
held virtually from 15–16 September 2021, witnessing the participation leadership with the industry and stay up to date on the latest trends not
of 855 attendees from across the globe. It gives me great pleasure just within the Arabian Gulf but globally. As part of GPCA’s newsletters,
to share that in 2021 we held our first ever event – the 4th GPCA we published a total of 57 interviews and articles in 2021, all of which
Responsible Care Conference – in Riyadh, Saudi Arabia on 31 October are available to read on the GPCA website.
– 2 November 2021 at Crowne Plaza RDC Hotel. Held under the theme
‘Seizing the new normal opportunities through Responsible Care’, the
conference attracted over 350+ delegates.

GPCA ANNUAL REPORT 2021 5


In the first half of 2021, we launched new GPCA Podcast series to Trade advocacy
provide exclusive insights from the chemical market in the Arabian
Gulf to both regional and global audiences. The podcast is aimed at Over the last 12 months the issue of trade featured prominently
facilitating leadership perspectives on timely and relevant topics and in GPCA’s advocacy campaign. We issued a number of position
serve as a platform for exclusive, thought leadership content from papers on this critical subject, advocating for best practice and
the GCC region. It regularly spotlights GPCA full members, regional trade regulations that support the growth and development of
initiatives, and the role of the chemical industry in regional development the regional chemical industry. On a global level, we published a
and advancing socio-economic and environmental targets. position paper entitled ‘GPCA Recommendations on Modernization
of the World Trade Organization (WTO)’ in support of free and fair
Advocacy trade. Furthermore, GPCA extended its support to the International
Council of Chemical Associations (ICCA) to develop a position
Throughout the past 12 months we continued to advocate the paper highlighting the global chemical industry’s perspective on the
industry’s position in highly important and strategic areas, including subject. On a regional level, we published a white paper entitled
international trade, global and regional standards, the role of the ‘Trade Facilitation to Overcome GCC Border Delays’, providing a list
agri-nutrients industry in enabling food security, the perception of the of recommendations to overcome the challenges and highlight the
regional plastic industry, the industry’s clean energy transition and opportunities to improve regional cross border trade.
much more.
Throughout the year, we actively engaged with the GCC Secretariat
Industry programs and standards to advocate our industry’s position against various trade protectionist
measures. These included anti-dumping investigations concerning the
Major players from across the plastic value chain in the Arabian Gulf imports of various chemical products from the GCC.
adopted Operation Clean Sweep® (OCS) in 2021 in an effort to
address plastic waste. OCS is a global initiative aimed at eliminating IP protection
plastic pellet, flake and powder loss to the environment. The initiative
has gained significant momentum since its launch in the Arabian Gulf In collaboration with Norton Rose Fulbright (NRF) and Foucault
by GPCA in December 2020 and is currently practiced by 23 GPCA Associates (F&A) we developed the GCC’s gold-standard, best
member companies from across the value chain. practice strategy for managing and maximizing value from an
organization’s technology and IP assets. The guide entitled
In line with our mandate to effectively represent the industry in the ‘Technology & IP Protection and Management Plan (Maximizing Value)’
region and across the world, we continued to work closely with provides a high-level framework of the Technology and IP Protection
regional regulators in the areas of international trade, standards and and Management Plan and lays the groundwork for a series of
regulations to advance the industry’s health, safety, and sustainability forthcoming workshops, trainings, and learning sessions with GPCA
performance. In what was a key achievement in 2021, GPCA’s first and its members.
draft for a Globally Harmonized System (GHS) standard was adopted
by the Gulf Standardization Organization as an official technical Talent development
standard in the GCC region and made available onto the GSO website.
At the Annual Forum, we launched the first of its kind GPCA Youth
We released the 2020 edition of our Responsible Care® Performance Council, representing an ambitious step to connect young leaders from
Metrics report ‘Rising to the New Normal Challenges and across the region and promote the industry’s image through various
Opportunities’ at the 4th GPCA Responsible Care Conference in advocacy related activities. The Council aims to create a platform for
Riyadh. The report highlighted the EHS&S performance of 39 member young industry professionals to connect, learn and share knowledge to
companies by using 23 key metrics, covering five categories. As part contribute to the sustainable development of the industry.
of the Responsible Care® agenda, we also organized a webinar on the
GHS. Membership

We launched the Gulf Process Safety Network, the first of its kind Throughout 2021, we continued to receive great interest from
professional group in the region established to provide a regional companies to join GPCA. We closed the year with 25 new members
platform that enables and supports knowledge exchange and compared to eight new members the year before. Our membership
promotes collaboration among GPCA member companies. retention rate improved year-on-year, as only six members did not
continue their membership compared to 31 in 2020.
Public advocacy campaigns
Building on our improved membership experience, this year we
In 2021 we successfully delivered Phase 1 of the GPCA Plastics expanded on the GPCA member benefits and improved the members
Advocacy Campaign ‘There is More to Plastics’. The campaign portal which was softly launched in October. The interactive online
repeated great success across the six GCC states. It was launched portal was designed to provide GPCA members with an exclusive
earlier this year with the aim to address negative misconceptions about platform dedicated to our community in the region, enabling virtual
plastics and highlight the value of plastic as a material. At the start networking and seamless access to all of our reports, GPCA events,
of the campaign, we set out to balance the conversation and open initiatives and insights.
consumers’ minds on the subject. The campaign achieved over 30
million impressions, 11.6 million video views, 43,000 engagements and In March this year, we concluded the GPCA Members Dialogue:
almost 100,000 clicks. ‘Leading in the new reality’ organized in collaboration with BCG. Later
this year, we rebranded the GPCA Members Dialogue to the GPCA
In 2021 we also launched a digital campaign to raise awareness Leaders Dialogue to emphasize on the seniority of attendees and
about the role of agri-nutrients in driving sustainable food production. highlight the range of topics aimed at c-suite executives, enabling
The educational campaign was aimed at local communities across them to make better and more informed decisions. The new series
the Arabian Gulf. It used the hashtag #EnablingMoreWithLess and were organized exclusively for GPCA members in partnership with
encouraged consumers to rationalize food waste in their households McKinsey & Company under the theme ‘Making sense of the change
all year round. that is upon us’. Four exclusive sessions took place as part of the
series, covering a variety of topics, such as new ways of working,
strategy, digital in petrochemicals, as well as the prospects for
chemicals – supply, demand and the stockmarket.

6 GPCA ANNUAL REPORT 2021


We look forward to continuing this successful initiative for members
into the new year, offering a platform for regional industry leaders to
share knowledge and debate some of the most pertinent questions
impacting the chemical industry in an intimate, closed-door setting.

We are committed to building on these achievements into the new


year and providing a seamless and valuable membership experience,
with many more new initiatives to come to fruition in 2022.

Changes in Board Membership

In June this year, we held the 2021 Annual General Assembly Meeting
and the election of a new Board of Directors and an Executive
Committee. Yousef Al-Benyan, Vice Chairman and CEO, SABIC, was
re-elected for a new three-year term as Chairman of the GPCA Board
of Director. Dr. Mohamed Al-Mulla was elected to the position of
GPCA Vice Chairman, replacing Dr. Abdulrahman Jawahery, Former
President, GPIC. Dr. Abdulrahman Jawahery was elected as Treasurer.
All three executives GPCA’s Chairman, Vice Chairman and Treasurer
serve on the Association’s Executive Committee.

I would like to welcome our new Board Members and wish them all the
best for their term:

• Ali Mohammed Al-Asiri, CEO, Chemanol


• Othman A. Al-Ghamdi, President and CEO, PetroRabigh
• Abdullah Al-Husiani, Executive VP – Marketing, QP

I would also like to express my deepest gratitude to the outgoing


GPCA Board Members who left a true legacy at GPCA:

• Dr. Abdulrahman Jawahery, Former President, GPIC


• Abdulaziz Al-Gudaimi, Former SVP Downstream,
Saudi Aramco
• Ahmed Omar Abdullah, Former CEO, Borouge
• Jamal Malaikah, President and COO, Natpet
• Ahmed Saleh Al Jahdhami, Former CEO Downstream, OQ
• Saleh Bahamdan, Former CEO, Sipchem

I would like to particularly express my thanks to Dr. Abdulrahman


Jawahery, who was with GPCA from the very beginning. As a founding
Board Member, he served for over 15 years on the GPCA Board,
and I wholeheartedly thank him for his long-standing support and
contributions to the association. I would also like to welcome Yasser
Al-Abbasi, President, GPIC, to the GPCA Board and wish him all the
best in his new role.

None of our success this year and over the last decade and a half
would have been possible without the incredible support of our
members, the GPCA Board, Committees and Sub-Committees and I
would like to extend my heartfelt thanks to all of them for all their great
work and dedication.

Looking forward

At GPCA, we remain committed to supporting the industry in its


efforts to advance the sustainable development of the region, build
local talent, make progress on important environment, social and
governance issues, and conduct business in the right way.

GPCA, as a platform for knowledge sharing, networking, and


advocacy, will continue to effectively serve its members and partners,
by fostering a well-connected regional chemical community and
keeping the industry’s best interests at its heart.

GPCA ANNUAL REPORT 2021 7


About GPCA
PROFILE

The Gulf Petrochemicals and Chemicals Association (GPCA) initiatives that help member companies to connect, share and
represents the downstream hydrocarbon industry in the Arabian advance knowledge, contribute to international dialogue, and
Gulf. Established in 2006, the association voices the common become prime influencers in shaping the future of the global
interests of more than 240 member companies from the chemical petrochemicals industry.
and allied industries, accounting for over 95% of chemical output in
the Arabian Gulf region. The industry makes up the second largest Committed to providing a regional platform for stakeholders from
manufacturing sector in the region, producing over USD 108 billion across the industry, GPCA manages six working committees –
worth of products a year. Plastics, Supply Chain, Fertilizers (now known as Agri-nutrients),
International Trade, Research and Innovation, and Responsible
The association supports the region’s petrochemical and chemical Care – and organizes six world-class events each year.
industry through advocacy, networking and thought leadership

MISSION

To support the growth and sustainable development of the petrochemical and chemical industry in the Arabian Gulf in partnership with
our members and other stakeholders.

GPCA’S THREE STRATEGIC PILLARS

MISSION, OBJECTIVES AND STRATEGY


Plastics Committee

Fertilizer Committee

Supply Chain Committee

International Trade Committee


Research and Innovation
Committee
WORKING COMMITTEES Responsible Care Committee
MEMBERS / STAKEHOLDERS REACH

8 GPCA ANNUAL REPORT 2021


Board of Directors
EXECUTIVE COMMITTEE

Yousef Al-Benyan Dr. Mohamed Mutlaq Al-Morished


Al Mulla
Chairman, GPCA and CEO, Tasnee,
Vice Chairman and Treasurer, GPCA Saudi Arabia
CEO, SABIC, and Managing
Saudi Arabia Director and CEO,
QAPCO, Qatar

Hazeem Naser Aldousari Yasser Al Abbasi


Al Suwaidi
CEO, EQUATE, President, GPIC,
CEO, Borouge, Kuwait Bahrain
UAE

Mutlaq Al-Azmi Abdullah A. Abdulrahman


Al-Hussaini Al-Suwaidi
CEO, PIC,
Kuwait Executive VP –Marketing, CEO, QAFCO,
Qatar Energy, Qatar
Qatar

Dr. Mohammed Eng. Abdullah Abdel Hadi


Al Qahtani Saif Al-Saadoon Al Suhaimi
SVP, Downstream, CEO, SIPCHEM, Executive President,
Saudi Aramco, Saudi Arabia Saudi Chevron Philips,
Saudi Arabia Saudi Arabia

Ali Mohammed Othman A.


Al-Asiri Al Ghamdi
CEO, Chemanol, President & CEO,
Saudi Arabia Petro Rabigh,
Saudi Arabia

Outgoing Board Members in 2021


Thank you to the GPCA’s outgoing Board Members in 2020 for their valuable contribution and support to the association, which has
helped to elevate GPCA’s position in the region and globally and deliver continued value to our members.

Dr. Abdulrahman Ahmed Saleh Jamal Malaikah


Jawahery Al Jahdhami
President and COO,
CEO, Downstream, Natpet,
Vice Chairman, GPCA
OQ, Oman Saudi Arabia
and President, GPIC,
Bahrain

Muna Al Mehairi

CEO, Fertil,
UAE

GPCA ANNUAL REPORT 2021 9


Membership
GPCA was built on simple yet powerful principle: “Working for Mckinsey & Company, the Quarterly View in collaboration with
our members through our members”. In 2021, GPCA continued ICIS and also the relaunch of the members portal. In 2021, GPCA
to demonstrate its strategic focus on expanding on the value approved the membership of 25 companies with one major
the association brings to its members through multiple initiatives regional oil producer joining as full member.
namely; the GPCA Leaders Dialogue in collaboration with

NEW MEMBERS IN 2021

Company Category Country


Bahrain Petroleum Company (BAPCO) Producer (full member) Bahrain
Accenture Service Company United Arab Emirates
Al Jabri Logistics Service Company Kingdom of Saudi Arabia
Altek International FZE Business Partner United Arab Emirates
Arya Sasol Polymer Company International Producer Iran
Basic Chemical Industries Group Small Gulf Producers (<100 KTA) Kingdom of Saudi Arabia
CarboKene FZE Business Partner United Arab Emirates
Engro Polymer & Chemicals Ltd International Producer Pakistan
Etihad Rail Company PJSC Service Company United Arab Emirates
Foucault & Associates Business Partner USA
Gulf Cryo LLC Service Company United Arab Emirates
HOYER GmbH Service Company Germany
INEOS International Producer Switzerland
JAS Global Industries International Producer Kingdom of Saudi Arabia
Moriat Logistics Company Service Company Kingdom of Saudi Arabia
Mubarrad Service Company Kingdom of Saudi Arabia
National Center for Environmental Compliance
Business Partner Kingdom of Saudi Arabia
(NCEC)
National Oil & Chemicals Company International Producer Kingdom of Saudi Arabia
NES Fircroft Service Company United Arab Emirates
Saudi Industrial Export Co. Business Partner Kingdom of Saudi Arabia
SPI International Properietary (SPII) Business Partner South Africa
Total Safety LLC Service Company United Arab Emirates
Transport Corporation of India Ltd. Service Company India

10 GPCA ANNUAL REPORT 2021


Members breakdown by region
0.44%

6%
8%

15%
71%

Gulf Europe Asia America Africa

Members breakdown by category

14%

34%
17%

2%

33%

Full members International producers Gulf producers


Service companies Business partners

GPCA ANNUAL REPORT 2021 11


Membership activities in 2021
In 2021, we focused on improving the overall experience of The GPCA Leaders Dialogue in numbers
GPCA member companies, expanding on their benefits and
providing them with access to new opportunities, programs,
and initiatives to help support their business. Interest to join the
association by companies in the region and elsewhere continued
to increase. More new members joined GPCA year-on-year which
reflects the improved business landscape and overall economic
sentiment. Member retention increased compared to the year
before demonstrating a healthy and sustainable membership
performance. We continued to organize a number of members-
4 12 80 30
Sessions Speakers Attendees Companies
only initiatives and introduced new features to extend their access
to new member benefits, knowledge sharing and networking
opportunities.

New members portal


GPCA Leaders Dialogue

Another membership highlight in 2021 was improving the GPCA


members portal which was softly launched in October. This
modern and highly interactive platform was launched to give
members access to the full range of member benefits all in one
centralized place. The portal is aimed at connecting the GPCA
members community in the region, enabling virtual networking and
seamless access to all reports and insights that the association
provides. The brand-new member portal features a variety of
sections that helped member companies over the last few months
stay up to date with the latest GPCA activities, and those of their
fellow members, while exchanging knowledge and connecting with
In the first quarter of the year, we concluded the ‘GPCA Members their peers.
Dialogue’, a highly successful member-only series of interactive
An updated member zone, an events calendar, and a member
virtual sessions, which was jointly organized with global consulting
directory are just some of the new features that are now available
firm BCG. The series encompassed four sessions held from
for companies to enjoy. For the first time, the enhanced interface
September 2020 until March 2021 and attracted 86 c-suite industry
provides a section dedicated to GPCA Committees to help
leaders from 29 GPCA member companies and 13 speakers.
keep members informed about their activities and work, as well
In June 2021, the GPCA Members Dialogue was rebranded to the as a functionality to feature regular guest blogs and industry
GPCA Leaders Dialogue, marked by the launch of a new series insights for those wishing to share their thought leadership. The
in partnership with McKinsey & Company. Held under the theme GPCA member directory is one of the special features of the
‘Making sense of the change that is upon us’, the series was portal which comes with improved profiling and an opportunity
introduced to our members for the first time in July cutting across to view all GPCA members in one centralized location. A direct
important industry topics, all designed to facilitate an intimate messaging application on the portal is another feature available
closed door setting for c-suite executives at GPCA member to representatives of GPCA member companies allowing them to
companies to discuss and debate the megatrends impacting connect directly with their peers.
regional chemical markets. Now in its second year, the Leaders
Dialogue established itself as a key and highly anticipated member
benefit, reaping great success among senior leaders at GPCA
member companies from across the entire value chain. Both
engagement and interest in the series increased significantly,
generating thought provoking discussions and questions for
the audience and facilitators to answer. The series concluded in
November 2021.

The four sessions were held under the topics:

• New ways of working – what has actually changed?


• A different approach to strategy – where next?
• Digital in petrochemicals – where to start?
• The prospects for chemicals – supply, demand and the
stockmarket

12 GPCA ANNUAL REPORT 2021


Industry year in review

State of the GCC chemical industry GCC chemical industry performance during
2021
The COVID-19 pandemic caused an unprecedented blow to the
GCC economy in 2020 due to measures associated with the Output growth
pandemic, national lockdowns, and the collapse in crude oil prices.
The chemical industry in the region is closely linked to economic Global markets are expected to recover at a healthy pace, due
activity, demand and supply headwinds, fluctuations in feedstock to the ease of restrictions and uptick in the pace of vaccination
prices, and growth in end-user industries. It, naturally, experienced roll out. As forecasted by the American Chemistry Council (ACC),
the negative implications of the coronavirus pandemic and the global chemical output volume is expected to grow by 3.9% in
overall economic situation. 2021, following a decline of 2.6% in 2020, which was the largest
decline in the last 40 years. Chemical performance in 2021 across
The GCC chemical industry is one of the most important different geographies will vary but all are expected to recover.
contributors to the manufacturing value added in addition to the China and India will lead the recovery in global chemical output,
indirect and direct impact it has on other sectors of the economy. with expectations for strong growth prospects of 5.4% and 7.5%
Therefore, the performance of the chemical industry has a respectively in 2021. Overall, chemical output in the Asia region is
significant impact on economic development, especially the non- set to rise by 4.4% next year, followed by North America with 4.1%,
oil sector. It is also widely recognized as the cornerstone in the and Latin America with 4.6%. MENA’s chemical output is expected
economic diversification drives of GCC countries. to rise by 3.6%, and by about 1.2% in the GCC. The GCC’s lower
than usual growth in 2021 is largely due to no major capacity
The GCC chemical industry appears to be on the recovery path coming onstream in 2021.
and witnessed a rebound in growth in 2021, though at a gradual
pace. The World Bank estimated GCC economies to return to an Revenue growth
aggregate growth of 2.6% in 2021, buoyed by global economic
recovery, due to stronger oil prices and the growth of non-oil Chemical revenue will improve but it won’t return to pre-pandemic
sectors. Brent crude prices rose to their highest levels in November levels yet. As the chemical industry progresses into 2022, strong
2021 since October 2018, reaching $86.04 per barrel. We expect demand for both commodity and specialty chemicals should keep
the current positive momentum to carry into 2022, thanks to prices robust throughout the year, according to Deloitte. In the
stronger oil exports, public expenditure, and credit growth. This GCC region, chemical revenue is forecasted to range between
acceleration can be attributed to the phased-out OPEC+ mandated USD 60-63 billion in 2021. However, this is still lower than the pre-
oil production cuts. Moreover, higher oil prices attract additional pandemic average of USD 82 billion generated by GCC producers
investment and improve business attitude due to favorable oil annually since 2011. Understanding end-user customer industries’
market conditions. However, the outlook in the medium-term trends remains a critical aspect for positioning a strong rebound in
is bound by risks from slower global recovery, potential new key end markets amid rising costs.
coronavirus outbreaks, and oil market instability.
Trade growth
Ongoing challenges during 2021 International trade will recover despite the uncertainty of the global
trade outlook, and the COVID-19 disruption the world is facing.
COVID-19 remains a threat both regionally and globally and World trade growth exceeded expectations and forecasts from
continues to disarrange the global prospects as countries are Q4 2020, while still bearing the scars from the previous years.
in different phases of recovery, with diverse growth and policy However, despite the challenges and risks, the WTO is now
margins. Chemical producers, in particular, have been under predicting global merchandise trade volume growth of 7% in 2021,
great pressure to provide safe working environments, as well followed by a 4.7% rise in 2022, and the growth should moderate
as operational and supply chain continuity, while facing higher as market trade approaches its pre-pandemic long-run trend.
restrictions at ports, supply constraints, global container shortages The GCC chemical industry is primed for growth in 2021-2022,
and elevated freight rates, and new pressure from stakeholders to propped up by the economic recovery. GCC’s chemical trade will
enhance their sustainability performances. have grown by up to 10%, in terms of volume in 2021 versus a 20%
decline in 2020.

GPCA ANNUAL REPORT 2021 13


Capital projects adjustments in the GCC
SABIC was named as the global company of the year 2021 for its
Despite considerable reductions in global investments, there are contribution towards a circular economy for plastics recognizing
about USD 71 billion of planned and committed investments for their leadership and innovation in the TRUCIRCLE® successful
2020-2024 in the GCC chemical industry. However, there are initiative announced in early 2020 providing solutions that
concerns that petrochemical companies in the region may hold on encompasses the company’s circular materials and technologies
from bringing additional capacity before the demand for chemical including certified circular polymers from the chemical recycling
products completely recovers. of mixed plastic waste; certified bio-based renewable polymers;
new polycarbonate (PC) based on certified renewable feedstock;
Some mega-projects are still on hold and under evaluation such as
and mechanical recycled polymers. Another 2021 initiative is
DRPIC - Duqm Petrochemicals Project (DPP), and others resumed
EQUATE expanding its PET product portfolio to include Viridis 30,
to some extent after some delays, for example Qatar Energy (QE) &
which includes 30% chemically recycled content, and Borouge’s
Chevron Phillips - Ras Laffan Petrochemicals Complex, and KIPIC-
Borstar® and AnteoTM grades which enable replacing the PE/PET
Al Zour Petrochemicals Complex (PRIZe), (Olefins III-Aromatics II
multi-layer food packaging to a PE/PE laminate, offering a mono-
integrated complex) where the latter following multiple delays it is
material packaging solution, thus enhancing its recyclability without
finally expected to come on line this year and released tender plan
compromising performance, efficiency and aesthetics
in April 2021. At the same time, a number of mega projects such
as Amiral in Saudi Arabia and Borouge 4 in UAE are still on track Hydrogen and renewable energy
and are expected to be completed by 2024 and 2025 respectively.
Maaden phosphate 3 expansion construction was completed, and GCC chemical companies are pivoting towards renewable
the trial production has started whereas commercial production energy to secure clean, reliable, and competitive power sources.
is expected in the 3rd quarter of 2022, bringing 3 million tons of To decarbonize the world, hydrogen can play a powerful role
additional capacity to Maaden’s phosphate fertilizer portfolio. in enabling the energy transition. Green hydrogen produced by
using renewable energy sources (wind or solar) with no carbon
Shifting agenda in the GCC chemical emissions is gaining attraction in the GCC region thanks to its
industry strong potential to provide clean power for manufacturing.

Regional petrochemical players are pouring great efforts towards During the past year we saw the rise of announcements within
sustainability and value creation to achieve long term preservation green hydrogen and green hydrogen-based ammonia segments
and resilience against unforeseen risks and disruptions through in the GCC. ADNOC announced joint study agreement with
focusing on the following agendas. Japanese companies to explore the commercial potential of blue
ammonia production in the United Arab Emirates (UAE). OQ as well
Circular economy is at the forefront of the development of the hydrogen economy in
Oman. They have announced the development of three large green
Generally speaking, the analysis of circular economy momentum hydrogen projects with renowned international partners. Below are
is not visible in the Arabian Gulf countries as in Western countries some of the promising hydrogen and renewable energy projects
due to different legislative frameworks and state priorities. commenced by the GCC chemical industry in collaboration with
However, UAE has set the most ambitious goals and vision international partners.
for waste management, deployment of renewable energy and
wastewater recycling, all contributing towards a more circular
economy. For example, the emirate of Dubai seeks to augment
recycling rates and reach 75% waste diversion from landfills. It is
no coincidence that the focus of UAE’s 2021 vision targets waste.
This is mainly attributed to two reasons: waste is foremost an
evident and tangible problem, and it requires extensive investment
in infrastructure and personnel.

14 GPCA ANNUAL REPORT 2021


Project
Country Company Project status Project description
category
Blue Pilot project completed This pilot project successfully demonstrated the supply network in
ammonia the production and shipment of blue ammonia from Saudi Arabia to
Japan with support from the Japanese Ministry of Economy, Trade,
and Industry. Forty tons of high-grade blue ammonia was dispatched
to Japan for use in zero-carbon power generation.
Green Agreement signed The $5 billion production facility in the planned of Neom could be the
hydrogen between the concerned world’s largest green hydrogen unit and will supply 650 MT per day of
plant parties for facility carbon-free hydrogen for global transport and reduce 3 million tons of
construction carbon dioxide per year.

Blue MoU signed between the HHH will import LPG from Saudi Aramco under the MoU to convert
hydrogen concerned parties into blue hydrogen. The CO2 captured in the production process will
be sent back to Aramco for EOR.

Solar Park MoU signed between the A feasibility study is being conducted by SABIC with its partners for
concerned parties a 200-400 MW solar PV park to power its locally based affiliates in
Yanbu.

Solar Park Agreement signed This 100-megawatt solar photovoltaic plant is set to be built to power
between the concerned SABIC’s polycarbonate plant in Cartagena, Spain. It is expected to
parties for facility become the world’s first large-scale chemical production site to be
construction powered entirely by renewable sources once it is operational in 2024.
Green MoU signed between The Alliance partners will collaborate to establish Abu Dhabi as a
and blue the concerned parties to trusted leader of low-carbon green and blue hydrogen in emerging
hydrogen establish the Abu Dhabi international markets. They will also work together to build a
Hydrogen Alliance substantial green hydrogen economy in the UAE.

Solar Park Facility under The Mohammed bin Rashid Al Maktoum Solar Park will be completed
construction in five stages to form the world’s largest single-site solar park in the
world based on the Independent Power Producer (IPP) model. With
(Phase 1, 2, and 3 a planned production capacity of 5,000 megawatts by 2030, it will
completed. Phase 4 and help transform Dubai into a global hub for clean energy and green
5 under progress) business by providing 75 percent of Dubai’s total power capacity by
2050.
Green MoU signed between the The new plant would be fuelled by hydrogen produced by an
hydrogen concerned parties electrolyzer facility paired with a 2 GW solar photovoltaic (PV) power
plant plant. The green hydrogen would be turned into liquid ammonia to
supply ships converted to use ammonia as a bunker fuel and for
export from Abu Dhabi Ports via specialized gas carriers.
Blue Agreement signed This world-scale blue ammonia production project is projected to
Ammonia between the concerned produce 1 million metric tonnes per annum blue ammonia at TA’ZIZ
parties. Final investment Industrial Chemicals Zone located in Ruwais, Abu Dhabi
decision expected in
2022, and start-up
targeted for 2025
Blue Project announced ADNOC in partnership with Fertiglobe will sell blue ammonia to
ammonia Japan’s Idemitsu for use in refining and petrochemical operations
as the UAE national oil producer expands its clean energy product
sales to the Asian country. The blue ammonia will be produced from
Fertiglobe’s Fertil plant in the industrial hub of Ruwais in Abu Dhabi.
The size or the value of the sale has not been disclosed.
Green Project announced This green hydrogen plant is planned to be built in the Special
hydrogen Economic Zone at Duqm, Oman, in cooperation with The Public
plant Authority for Special Economic Zones and Free Zones (OPAZ). A site
has been reserved with OPAZ to allow the installation of a solar and
wind park on a site located along the windy Omani coast and Arabian
Sea to power the project. The envisaged electrolyzer capacity for a
first phase is estimated between 250 and 500 MW. Following this first
phase, upscaling of the installation is also foreseen.
Green Project announced. Final The consortium has been collaborating on the project for more than
hydrogen investment decision not three years, which will consist of 25 gigawatts (GW) of renewable solar
plant expected until 2026 and wind energy at full capacity to produce millions of tons of zero-
carbon green hydrogen per annum. The green hydrogen is expected
to be used locally in Oman, exported directly, or converted into green
ammonia for international export.
Solar Park Facility under The 800MW Al Kharsaah photovoltaic (PV) power project is the first
construction large-scale solar power plant being developed in Qatar. Under its first
phase of deployment in 2021, the solar park will provide sustainable,
affordable and clean energy to industries, services and individuals
Siraj Energy (a JV between
Qatar Petroleum and Qatar through the Qatari grid, with an initial output of 350MW, and in 2022,
Electricity & Water Company), its full capacity will be realized
Marubeni, and Total

GPCA ANNUAL REPORT 2021 15


Leveraging digitalization Elevated ESG goals
There is no doubt that COVID-19 emphasized the need for ESG is growing rapidly, and the chemical industry specifically
digitalization and hence accelerated the digital transformation. is under high scrutiny and pressure from all stakeholders to
Data is a critical asset for the chemical industry and digitalization improve Environment, Social, and Governance (ESG) practices
is its competitive advantage. The 2021 digital focus will be on across their entire value chain and to adhere to increasingly
improving structures and processes for ease of communications stringent regulations and concerned local communities. The
and ensuring access to all required information for decision chemical industry can live up to the challenge of race to net zero
making, planning, and support. This will call for greater adoption and the transition from fossil-based fuel/ products through the
of emerging technologies such as robotic automation, artificial incorporation of ESG practices, gaining competitive advantage
intelligence, machine learning, and natural language processing. and not losing consumers and investors to greener peers. This
These digital investments are expected to pay back in revenue will mainly be accomplished through the supply of sustainably
growth, higher efficiency, and enhanced customer experience. produced products into downstream industries, decarbonization,
In the GCC region, companies are increasingly using digital renewable energy, CO2 reduction, and circular plastics. Most
technologies and have acknowledged the economic and social prominently, climate change is driving sustainability efforts in the
benefits that “going digital” can bring and have developed GCC chemical industry, where UAE is paving the way for a bold
ambitious plans and strategies. These include but are not limited COP28.
to Saudi Arabia’s Vision 2030 and National Transformation Plan
2020 (which also covers the digital space), Smart Dubai, Qatar’s Four out of the six founders of the One Planet Sovereign
Connect 2020 ICT Policy, and Oman’s digital strategy (e-Oman). Wealth Fund (SWF) group are from the GCC; namely Abu
Some of the GCC chemical industry projects in digitalization: Dhabi Investment Authority, Kuwait Investment Authority, Qatar
ADNOC and Group 24 JV to develop and commercialize AI Investment Authority and Saudi Arabic’s Public Investment Fund.
products and applications in the UAE, Saudi Aramco and SAP In addition, the Sharia-compliant green bond issuance doubled in
alliance to expand the digitalization system, and SABIC’s fully 2021 to that of 2020, in which Saudi Arabia and the United Arab
digitized trade transaction solution. Emirates hold $1.3 billion worth of green sukuk and $1.2 billion
floated, respectively.
Industry restructuring
Final thoughts
A variety of the biggest chemical companies have been
diversifying, notably because of past mergers and acquisitions, in The chemical industry is making bold choices to rebound from
order to expand their portfolios, become more resilient and access the challenges 2020 brought to the market and economy. 2021
new markets and technologies. In April 2021, with an anticipated has been a year of challenges and new opportunities for major
moment in the market, Aramco streamlined the downstream petrochemical players and the chemical industry proved to be
petrochemicals business and SABIC will now be responsible for resilient and resourceful in the face of adversity as economy heads
the sales and marketing rights of an additional 5.4 million tons of into 2022 on a firmer footing. The recovery will continue to follow a
chemical and polymer products. mixed trend given different growth strategies and different policies.
Higher oil output and relaxation of restrictions will boost growth
Earlier, in March 2021, Sadara announced SABIC and US prospects, but the new variant Omicron may prompt a further
petrochemical producer Dow will begin marketing its products in growth downgrade.
the Middle East from 1st of July. SABIC also began marketing the
petrochemical products of Rabigh Refining and Petrochemical We see a number of GCC players going in the right direction,
Company (Petro Rabigh) from 1st of October. This is forging a utilizing the Covid-driven disruptions as opportunities to build a
strategic move to be closer to the market and creating a one-stop- resilient and future-proof business. In the coming year, chemical
shop approach embedding customer-centricity. companies would need to watch the trends that are shaping the
end-markets landscape, focus on new growth opportunities and
extract more value from their existing assets.

16 GPCA ANNUAL REPORT 2021


GPCA year in review
Networking
In 2021 GPCA hosted three physical events – the inaugural GPCA Conference were held virtually on 26–27 May and 15–16
Leaders Forum on 16 June in Dubai, the 4th GPCA Responsible September, respectively. Building on its success from the year
Care Conference on 31 October–2 November in Riyadh, Saudi before, GPCA continued to organize its webinar series throughout
Arabia, and 15th Annual GPCA Forum on 7–9 December in Dubai. 2021, which were made available for members and non-members
The 12th Supply Chain Conference and the 11th Agri-Nutrients alike.

5 3,765 100+ 80+


Events Attendees Speakers Students

GPCA ANNUAL REPORT 2021 17


Redefine. Reshape. Reinvent. The Chemical Industry in a
Post-Pandemic Reality

7-9 December| Madinat Jumeirah, Dubai, UAE


1,550 attendees | 386 companies | 35 countries | 32 speakers

The Annual GPCA Forum returned to Dubai after a two-year pause


to mark its 15th anniversary edition. The forum was organized in
strict adherence to rules and regulations by the Dubai Government
authorities to ensure the health and safety of attendees. Despite
the limitations in attendance, the forum attracted over 1,550 A major highlight in the conference program was the 3rd edition
attendees from 386 companies in 35 countries. Building on its of the GPCA Legacy Award “Al-Rowad” (‫)ال ّرواد‬. In a special award
reputation for the high quality of sessions, it combined an insightful ceremony in the morning on day one, GPCA recognized H.R.H.
conference program, a must-see speaker line-up and an array of Prince Faisal Bin Turki Bin Abdulaziz AI-Saud, Advisor to the Saudi
networking opportunities, bringing the regional and global chemical Royal Court (2018 – Present) and former Advisor to the Ministry
industry together under the same roof for the first time since the of Petroleum and Mineral Resources, as well as H.E. Yousef
spread of the virus in early 2020. Omair Bin Yousef, former UAE Minister of Petroleum and Natural
Resources (1990 – 1994). The two dignitaries from Saudi Arabia
Yousef Al-Benyan, Vice Chairman and CEO, SABIC, and and the UAE were bestowed with the GPCA Legacy Award for their
Chairman, GPCA, delivered the welcome address at the forum lifetime achievements and outstanding contributions to the growth
on day one, 8 December, followed by a keynote address from and development of the chemical and petrochemical industry in
Karen McKee, President, ExxonMobil Chemical Company. The their respective countries.
theme of sustainability and ESG prevailed in the discussions on
day one, as global and regional senior industry leaders reiterated The forum continued with another special recognition for the
their commitment to the planet, tackling climate change and outgoing members of the Association’s Board of Directors for the
aligning their priorities with the ESG framework. They highlighted past term. Among them was Dr. Abdulrahman Jawahery, former
the industry’s position across key topics, including cross-border President, GPIC (2005 – 2021) and founding Board Member of
trade, digitalization, sustainability, post-pandemic recovery, oil-to- GPCA, who received a special recognition for his outstanding
chemicals, sustainable plastic production and much more. support for the association since its inception.

18 GPCA ANNUAL REPORT 2021


The presentations and speeches continued, featuring esteemed
industry leaders including Nikhil Meswani, Executive Director and
Board Member, Reliance Industries, Thomas Gangl, CEO, Borealis,
Dr. Fernando J. Gómez, Head, Chemical and Advanced Materials
Industry, World Economic Forum (WEF), who delivered the keynote
address on day two, Mutlaq Al-Morished, CEO, TASNEE, and Dr.
Ahmed Ali Attiga, CEO, Arab Petroleum Investments Corporation
(APICORP), among others. Four knowledge partner seminars on
day one covered a variety of hot topics, such as petrochemicals
excellence, circular economy, chemical recycling and carbon
border adjustment schemes, and provided delegates with an
opportunity to update their knowledge and super charge their
strategy for 2022 and beyond.

On day zero, four masterclasses on topical and impactful subjects The 15th edition of Leaders of Tomorrow was also held on day
offered delegates an opportunity to gain practical knowledge zero at the Annual GPCA Forum. The dedicated, student-only
which they can apply to their business from some of the world’s seminar attracted young talent from across the Arabian Gulf region
leading industry experts in their field. They explored the following for an insightful program aimed at building the participants’ skills
topics: ‘Realizing the potential of hydrogen’, ‘Stepping up the ESG and prepare them for a career in the petrochemical and chemical
game’, ‘Rebounding stronger through supply chain resilience’, and industry.
‘Leveraging technology post-crisis’.

GPCA ANNUAL REPORT 2021 19


NEW IN 2021

In pursuit of resurgent growth during turbulent times The pandemic emphasized the power of collaboration, without
which, the world would not be anywhere near global recovery,
16 June | Habtoor Palace Dubai, LXR Hotels & Resorts, UAE he remarked. The industry’s challenge now shifts to building a
83 delegates | 58 companies| 6 countries | 8 speakers | new ecosystem that allows us to thrive in the long run, Al-Benyan
2 sessions added, expressing his confidence in the industry’s ability to emerge
even stronger from this period of change.
In the first physical event of the year aimed at senior executives
at GPCA member companies, GPCA held the inaugural edition Buoyed by a gradual economic recovery within the region and its
of the Leaders Forum on 16 June at the Habtoor Palace Dubai, largest export market – China, the GCC chemical industry is well
LXR Hotels & Resorts, UAE. Gathering in an intimate closed-door positioned for long-term growth. Real growth in the GCC region
setting, CEOs from GPCA’s full member companies were among is expected to be at 2.5% between 2021-2023, while China is
the key attendees at the event. The forum was held under the targeting 6% growth in 2021. This may be a welcome development
theme ‘In pursuit of resurgent growth during turbulent times. but comes with its own challenges, as the Asian country
accelerates its move towards self-sufficiency in chemicals which
It featured a stellar line-up of forward-thinking leaders, who have will reduce demand for imports from the GCC region.
transformed crisis into opportunity. Speakers discussed the myriad
of challenges that have disrupted their business and necessitated H.E. Khalid bin Saleh Al-Mudaifer, Vice Minister for Mining Affairs,
a new and rapid response to the changes occurring in regional Ministry of Industry and Mineral Resources, KSA, commented: “It is
and global markets since the onset of the coronavirus (COVID-19) an honor to speak at the GPCA Leaders Forum. Identified by Saudi
pandemic in March 2020. Securing a bright future for the GCC’s Vision 2030 as the third pillar of Saudi industrial growth, alongside
chemical industry will require bold leadership that adapts to the petroleum and petrochemicals, the mining sector is an important
new trends emerging in the post-pandemic reality, speakers part of Saudi Arabia’s economy. The pandemic sharpened our
agreed. focus on the sector’s resilience and today, Saudi Arabia is in a
prime position to support the expected increase in demand for
Yousef Al-Benyan, Chairman, GPCA and Vice Chairman and minerals - domestically, regionally and around the world.”
CEO, SABIC, set the tone for the high-level event as he delivered
the inaugural address at the forum. Industry leaders would Esteemed speakers at the forum included c-suite executives
need to change how they think about growth, innovation and Mutlaq Al-Morished, CEO, TASNEE, Hazeem Al Suwaidi, CEO,
their operating models Al-Benyan said. He highlighted a major Borouge, Dr. Silja Baller, Insights Lead at the Centre for the New
acceleration – during the pandemic – of already established trends Economy and Society, World Economic Forum (WEF), Dr. Salim
such as digitalization, a re-energized focus on sustainability and Al Huthaili, CEO - Alternative Energy, OQ, and Miguel Azevedo,
innovation, circular economy, the move towards decarbonization Managing Director, Head of Investment Banking, Middle East and
and renewable energy, as well as the energy and materials Africa, Citi among others. Fernando J. Gómez, Head, Chemical
transition among others. and Advanced Materials Industry, World Economic Forum (WEF),
delivered a teaser presentation as part of session two entitled ‘The
industry reimagined: What does the new decade have in store?’

20 GPCA ANNUAL REPORT 2021


The coronavirus (COVID-19) pandemic of the last 15 months has
demonstrated the acute importance of collaboration to build more
agile, resilient, and responsive supply chains, agreed industry
leaders at the event. Senior executives from across the chemical
and petrochemical value chain, logistics service providers and
shipping operators urged industry leaders to capitalize on the
lessons learned during the pandemic and act upon them in the
future – from collaborating more closely with the regulators,
their customers, and strategic partners, to driving better supply
chain visibility, investing in digitalization, building their workforce
capabilities, and focusing on supply chain sustainability.
Powering a resilient, responsive and agile supply chain
In his keynote address, Alterkait encouraged chemical leaders to
26-27 May 2021 | Virtual format engage in supply chain collaboration even with their competitors
1,300 attendees | 413 companies | 62+ countries | 22 speakers and keep their inventory in close customer proximity to improve
their reliability and better serve their end markets. He told
GPCA hosted its first ever virtual edition of the 12th Supply Chain attendees at the virtual event: “Regional chemical producers must
Conference. The agenda focused on building a supply chain that diversify their supply base even if it means incurring higher costs
is resilient, responsive and agile to drive efficiency and profitability. in order to cushion the impact from any future crisis. Companies
The experts’ discussions held at the event highlighted learnings must also explore out of the box supply chain solutions, using
from the pandemic, reflected on the current tactical steps taken by different scenarios, which may aid in addressing important
leaders to thrive in the future and presented myriad of opportunities challenges at a critical time.”
for supply chain transition and growth in a post-pandemic world.
The event followed a unique format blended with thought- The COVID-19 pandemic was a test to chemical supply chains’
provoking keynote presentations, fireside chats, impactful case resilience, as it demonstrated that the world is one global
studies, digital seminars, interactive masterclasses and engaging community, panelists said. “The future will not be the moving of
panel discussions. our products; it will be the moving of data which will help enable
responsiveness and agility and drive customer centricity to stay
The conference attracted over 1,300 attendees from 413 competitive. However, we cannot achieve this by working in silos.
companies in 62 countries to discuss the importance of building The chemical industry is just one part of the supply chain and we
a resilient, responsive and agile supply chain. Over the two-day must work together to build a more resilient future,” Al-Katheeri
event, delegates enjoyed the opportunity to network virtually, added.
participate in the Q&A sessions and learn from engaging
presentations which focused on how to build a diversified A masterclass led by Arun Bruce, Partner and Managing
supply chain system; the role of sustainable supply chains in Director, BCG, who moderated the session started with a trigger
post-pandemic recovery; and the latest trends in supply chain presentation entitled ‘How sustainable supply chains are aiding
digitalization including Digital Process Mining and Digital Twins, in post-pandemic recovery’. Bruce began by highlighting the
Smart Control towers, the Industrial Internet of Things (IIoT), and importance of sustainable supply chains from a financial and
Blockchain. investor point of view. Sustainability is not just nice to have;
it is a high-priority topic that has captured CEOs’ attention.
In total 22 world-class speakers from a diverse range of sectors, Irrespective of industry – whether you look at chemicals, mining,
geographies, background and expertise converged at the cement, energy or steel – the companies with top sustainability
conference to share their experience in optimizing their supply performance have higher valuation. Therefore, sustainability makes
chain, making their logistics operations more efficient and creating great financial sense here and now not in some time in the future,
value for their business. The keynote address was delivered he concluded.
by Hamad Abdulrahman Alterkait, Chairman, PIC, who urged
chemical leaders to engage in supply chain collaboration. An The second day of GPCA’s virtual Supply Chain Conference
inaugural panel on the future of chemical supply chains featured continued with a series of seminars on digitalization – the newest
insights from Hosam Al-Zamil, VP, Global Supply Chain, SABIC, feature at the conference this year. The digital seminars introduce
Ahmed Abdulla Al-Salahi, CCO, Q-Chem, and Ahmed Al-Katheeri, participants to live demonstrations, fueled with the latest trends
SVP - Supply Chain Management, Borouge. and supported by case-studies of promising technologies which
are set to revolutionize supply chains in the future.

GPCA ANNUAL REPORT 2021 21


Forging new avenues for a food secure future

15-16 September 2021 | Virtual


850+ delegates | 340+ companies | 50+ countries |
18 speakers | 16 sessions

The 11th GPCA Agri-Nutrients Conference was held virtually from


15-16 September 2021 under the theme ‘Forging new avenues
for a food secure future.’ A fantastic line-up of speakers including
experts from the UN’s Food and Agriculture Organization (FAO), the
International Fertilizer Association, and key agri-nutrients producers
in the GCC shared their insights into the hugely important topic of
H.E. Nora Ourabah Haddad, FAO Representative, Sultanate of
agri-nutrients and how they contribute to sustainability and food
Oman, delivered day one’s keynote address on how to ‘Strengthen
security.
the foundation of the global food security agenda in the wake of
The conference arrived at just the right time to shed light on the the pandemic’. According to a report recently issued by FAO, the
importance of achieving global food security and highlight the world is off-track to achieve the commitments to zero hunger, with
role of agri-nutrients in supporting food production during the more than 800 million people going to bed hungry every night.
pandemic. Conference speakers reiterated the vital role of agri- This unfortunate situation has been worsened by the pandemic,
nutrients to help deliver nutrition to billions of people across the Haddad said. World hunger increased in 2020, as the prevalence
world. At the same time, they pointed to a series of formidable of undernourishment grew by 1.5% in one year, reaching a level of
challenges facing the industry currently and discussed ways 9.9%. Today around 3 billion people lack a healthy diet as a result
in which they can be addressed. Abdulrahman Al-Suwaidi, of high costs and income inequality.
CEO, QAFCO, Chairman, GPCA Agri-nutrients Committee and
Dr. Abdulrahman Jawahery, President, GPIC, and Treasurer of
Member of the GPCA Board, delivered the welcome remarks
the GPCA Board, was joined by Esin Mete, Founder, MT Agri-
on day one, 15 September, and set the stage for the two-day
Consulting, in a fireside chat – the newest feature at this year’s
virtual event. Al-Suwaidi highlighted the impact of the COVID-19
conference. What follows is a brief summary of the discussion that
pandemic on global food security and urging governments to take
took place.
comprehensive steps to develop and sustain food systems.
Samir Al-Abdrabbuh, EVP, Agri-Nutrients, SABIC and Vice-
“The global prevalence of moderate to severe food insecurity
Chairman, GPCA Agri-nutrients Committee, welcomed attendees
has been increasing slowly since 2014 and the estimated
on the second day of the conference. In his special address, he
increase in 2020 alone was equivalent to that of the previous five
warned that the world will not be able to meet its food production
years combined. Nearly one in three people across the world
goals without agri-nutrients; but it’s the industry’s responsibility to
– approximately 2.37 billion people – did not have access to
develop sustainable products and employ practices that use agri-
adequate food in 2020,” he told the audience.
nutrients effectively and efficiently, he added.

22 GPCA ANNUAL REPORT 2021


Seizing the ‘new normal’ opportunities through Responsible
Care

31 October – 2 November | Crowne Plaza RDC Hotel, Riyadh,


Saudi Arabia
350+ delegates | 62 companies | 9 countries | 21 speakers |
6 sessions

In another milestone for 2021, the 4th edition of the GPCA


Responsible Care Conference was held as a face-to-face event
at the Saudi Arabian capital Riyadh for the first time. Senior
industry leaders, government officials, esteemed dignitaries and
Over the three days of the event, speakers discussed important
stakeholders from global organizations attended the high-profile
issues, as well as the opportunities and challenges to deliver
event to demonstrate their support towards sustainable industry
on the region’s sustainability commitments, coinciding with the
performance, which contributes to mitigating climate impact and
inauguration of the 26th UN Climate Change Conference of the
positions the Arabian Gulf region as an important player in efforts
Parties (COP26) in Glasgow, UK. This was against the backdrop of
to achieve climate targets.
Saudi Arabia launching a Middle East Green Initiative on Monday
Delivering the opening address at the conference on day one, last week which aims to secure 39 billion riyals ($10.4 billion) as
Yousef Al-Benyan, Vice Chairman and CEO, SABIC, and Chairman, part of efforts to reduce regional carbon emissions.
GPCA, praised the role of GPCA and its achievements over the
The conference also marked the release of the 2020 edition
past 15 years. He highlighted the association’s role in leading a new
of the GPCA Performance Metrics Report ‘Rising to the New
phase of transformation, moving towards maximizing the returns of
Normal Challenges and Opportunities’, which provides an annual
the industry, advancing its developmental and social impact, and
review of the environmental, health, safety, and security (EHS&S)
raising its standards to achieve sustainability goals. At a time when
performance of GPCA member companies. In an effort to drive
the chemical industry is on the way to playing an even bigger role
continuous sustainability improvements across the chemical
in the future of global communities, it is imperative that companies
industry in the region, Dr. Abdulwahab Al-Sadoun, Secretary
in this field focus all the more on safety and commit to producing
General, GPCA, utilized the conference as a platform to announce
even greater outcomes in Responsible Care®. “This includes
exclusively to delegates the launch of the Gulf Process Safety
adopting new technologies, identifying the challenges we face, and
Network, the first of its kind professional group in the region
embracing effective sustainable methodologies, through which we
representing the chemical and petrochemical industry in the six
create value in everything we do,” he added.
GCC states.
The keynote address was presented by Baudouin Kelecom,
Regional Environmental and Regulatory Manager, ExxonMobil and
Chair, ICCA Responsible Care Leadership Group.

GPCA ANNUAL REPORT 2021 23


GPCA Webinar Series
The GPCA Webinar Series, launched in 2020, continued to provide
insightful information about the latest trends impacting the regional
petrochemical and chemical industry. Some of the leading topics
covered over the last 12 months as part of the webinars include

7 1,098 29
technology collaboration, local content, cybersecurity, carbon-
efficiency in agriculture, international trade, and circular economy.
GPCA also held a special training session on the United Nations
(UN) Globally Harmonized System of Classification and Labelling of Webinars Attendees Speakers
Chemicals (GHS).

Company-University technology collaboration – teaming up Local Content opportunity – diversifying the local economy
on research to create win-win solutions through best in-class global technologies

4 March 2021 9 March 2021

GPCA kicked off its webinar series with a session on the Local content directives in the Kingdom of Saudi Arabia, the United
importance of research collaboration between the private sector Arab Emirates, and throughout the Middle East are leading to new
and academia to create win-win solutions for the chemical industry investment opportunities. As a result, foreign corporations and
in the region and beyond. Sharing their perspective from working entrepreneurs are entering the region with capital, new and existing
in Saudi Arabia were Dr. Bashir Dabbousi, Director – Technology technology know-how, and enthusiasm to engage with local
Strategy and Planning Department, Saudi Aramco, Prof. Zain entities. In addition to investment and collaboration agreements,
H. Yamani, Director, Center of Excellence in Nanotechnology, joint ventures are one of the common structures being used as
King Fahd University of Petroleum and Minerals (KFUPM) and Dr. part of foreign direct investments with local entities.
Farhan Al-Shahrani, Head of Strategic Innovation Partnership,
King Abdullah University of Science and Technology (KAUST), In this thought-provoking webinar, Anthony Choueiri, Sr. Manager,
and Member of the GPCA R&I Committee. Collaboration between Commercial, SABIC; Manuel Asali, VP, Nexant; Zachary Wegmann,
universities and industry has given rise to many ground-breaking Senior Associate, Norton Rose Fulbright; and Faisal Al Hajri, Team
discoveries. In a fast-paced world, companies are in a race to find Leader Market Analysis– Polymers, OQ and Member, GPCA
innovative solutions and introduce the latest technologies to create International Trade Committee, shared GPCA’s virtual platform to
value. This can be achieved through strategic university-industry highlight the ins and outs for establishing a joint venture. They also
collaborations which offer successful cutting-edge research, ignite discussed the various business, legal, and intellectual property
the exchange of ideas, and develop flexible new approaches issues and considerations involved with joint ventures. The webinar
towards commercialization. These collaborations are more than was launched to serve as a driver towards enhancing local value
just research, they aim to solve complex problems, fuel innovations, addition, highlighting the evolving opportunities for the GCC
and drive economic growth. As part of the webinar, participants industry and showcasingworld-class practices in establishing a
discussed the prerequisites to achieve these objectives and joint venture to further diversify local and regional economies.
showcased shining examples of fruitful collaborations between the
chemical industry and leading universities across the GCC.

24 GPCA ANNUAL REPORT 2021


Building cyber resilience in the digital era The roadmap to carbon-efficient agriculture: How can the
agri-nutrients industry support it?
24 March 2021
7 April 2021
Cyber-attacks are becoming more sophisticated, targeted,
and difficult to detect. Nation-state cyber actors are becoming Driven by climate change concerns, the focus on decarbonization
unusual suspects and the threat landscape is emerging into has gained momentum and will impact every sector and
more damaging forms of attacks. Organizations are increasingly geography including and especially agriculture. With an estimated
adopting digitalization, moving more of their data to the cloud, 11% of global carbon emissions coming from agriculture,
and employees working from home became the norm since agriculture is often considered to be part of the problem, but it can
the outbreak of the pandemic. This required companies to also be a major part of the solution.There is a renewed focus on
develop a high level of resilience that would enable employees the agri-nutrients industry to bring innovative solutions that support
to continue to work as normal, while they attempt to prevent, decarbonizing the agriculture sector. This will require the industry
detect, control, and recover from cyber threats against their data to think differently, more importantly how we develop solutions to
and technology infrastructures. In this timely webinar, experts support carbon reduced agriculture. Adoption of novel approaches
from McKinsey & Company: Dr. Mahir Nayfeh, Partner; Richard will require a unified effort throughout the value chain to transition
Verity, Partner; and Ayman Al Issa, Industrial Cybersecurity Lead to low-carbon farming and develop more sustainable products.
and Senior Expert, unpacked this important subject to help In this webinar, the facilitators from IHS Markit showcased
technology and cybersecurity leaders prepare for the present global trends in decarbonization, the evolving role of agriculture
and brace themselves for what lies ahead. They were joined by in controlling global carbon emissions as well as the programs
Saud Al-Otaibi, IT Manager & Digital Transformation Committee and efforts undertaken by the agri-nutrients industry towards
Leader, Advanced Petrochemical Company; John Noble, Non- carbon-free fertilizer production. The webinar was facilitated by
executive Director, NHS Digital, and Former Director of Incident Tom Scott, Head of Agribusiness Consulting, IHS Markit, Marina
Management, National Cyber Security Centre(NCSC), UK, and Simonova, Consulting Director, Agribusiness Consulting, IHS
Rudy Paiman Said, General Manager, Almajdouie Logistics Markit, Dr. Radwan Abdallah, Head of Differentiation and Disruptive
Company and Member, GPCA Supply Chain Committee. Technology, SABIC; and Claudio Brandao, MD, Middle East, IHS
Chemical Consulting.

GPCA ANNUAL REPORT 2021 25


and the emissions pathways for the plastics industry. Experts
outlined global policy trends, such as regulations for recycled
plastic content, plastic taxes, and EPR schemes, and provided
an understanding of how the policy landscape will change for
plastics. They went on to assess the viability of recycling assets
from BNEF’s project finance model, and discuss the economics
of depolymerization and pyrolysis technologies as well as their
sensitivities to different financial variables. The webinar further
highlighted the impact that different circular economy trends —
such as demand substitution, bioplastics, and recycling — can
have on oil demand and upstream petrochemicals. Speakers
Deglobalization: Current trends and impact on international
trade also provided a long-term view on how expected emissions from
the production of commodity plastics (PE, PP, PET) will change
8 June 2021 between now and 2050 under different scenarios that bring
together different circular economy trends. Participants in this
The topic of trade returned to the GPCA Webinar Series in 2021, webinar included Julia Attwood, Head of Sustainable Materials,
with a session focusing on deglobalization. The webinar highlighted BloombergNEF; Ilhan Savut, Associate, Sustainable Materials,
emerging trends and their impact on international trade, including BloombergNEF; Mark Vester, Global Leader, Circular Economy,
trade independence, reshoring, and protectionism of national SABIC; Virginia Janssens, MD, PlasticsEurope; and Dr. Ranjit
industries. It also covered the drive towards sustainability, the R. Kulkarni, Director, Sales, Middle East – Customer Sales and
economic rise of China, and the decline of global institutions. The Services, Honeywell UOP.
sheer economic size of China, linked with the growing dependence
on Chinese products, has resulted in a rethink of the strategy
and policy of other major economies like the US, EU, Japan, and
Australia in recent years. As a result, protectionism has been on
the rise and countries have made concerted efforts to de-risk
their supply chains through reshoring and investing in the digital
economy as well as key industrial areas. At the same time, the
WTO and other global institutions such as the G7 are losing
influence. They no longer seem fit-to-purpose for how modern
trade is evolving. The question is whether these organizations can
restore their influence. If not, what could be the alternative? The
need for sustainable trade has also been on the rise but how can
companies realize a return not just incurred cost? Sharing their
insights into these crucial topics were Arnoud R. Willems, Partner, United Nations (UN) GHS Training
Sidley Austin LLP; Bernard Kuiten, Head of External Relations,
World Trade Organization; Ahmad Al-Saleh, Global Business 6 October 2021
Director – Ethylene Glycol, EQUATE Petrochemical Company; and
Lisa Schroeter Global Director, Trade and Investment Policy, Dow. In the final installment of its Webinar Series in 2021, GPCA
hosted a UN GHS introductory training webinar. GHS stands for
“Globally Harmonized System of Classification and Labelling of
Chemicals”. This exclusive webinar provided GPCA members
and non-members the opportunity to learn critical details about
the new GHS implementation from UN regulatory experts who
are known to successfully implement GHS requirements. During
this webinar, attendees obtained a complete overview of the
requirements for the GHS implementation, the goals of the GHS
when implemented in the UN as well as important considerations
as the regulation goes into effect. Experts also shared details into
the implementation of GHS revision 5 in comparison with other
GHS implementations around the globe.

The future of plastics: Circular economy and CO2 scenarios

7 July 2021

This edition of the GPCA Webinar Series explored the key


trends transforming the future of plastics. As part of the webinar,
BloombergNEF analysts presented the emissions pathways for
the plastics industry and looked at the potential impact of the
circular economy on feedstock and oil demand growth. The
webinar addressed key themes including, policy drivers in key
markets, the technology-economic analysis of advanced recycling,
impact of circular economy on feedstock and oil demand growth,

26 GPCA ANNUAL REPORT 2021


Thought leadership
GPCA released a number of new reports in 2021 to help support the reports provided an overview of the state of the chemical and
its members with up-to-date analysis on the latest industry trends petrochemical industry in 2021 and deep dived into key segments
and equip them with the information they need to make informed of the sector with high potential for growth. Below is a brief
investment decisions. Exclusively available to GPCA members, summary of each report and the scope that it covers.

Facts and Figures Report


The ‘2020 GPCA Facts and Figures’, GPCA’s flagship report,
was released during the 15th Annual GPCA Forum in December
in Dubai. Published on an annual basis, the report provides
an updated look into the chemical industry’s socio-economic
impact on the Arabian Gulf region, the latest developments on
trade as well as the industry’s performance across key indicators
including sales revenue, export, capacity utilization, production,
investment and much more. The report deep dives into the role
of collaboration, budget and financing, human capital, technology
licensing, data and analytics, and commercialization.

According to the report, the GCC chemical industry showed the


highest growth globally and was among few areas with a positive
growth trajectory in 2020. While global chemicals output declined
by 2.6% in 2020, the GCC chemical output grew by 1.2% in 2020.
Capacity additions in 2020 were led by inorganic chemicals and
specialty chemicals. A key observation is that inorganic chemicals
recorded an impressive growth of 38%, outpacing the industry
average by more than six times. Capacity utilization in the region
averaged 93% in 2019-2020 in line with the historical normal,
above global capacity utilization which stood at 78.6%. Recent
reporting showed that the industry continued to register growth
in investment between 2020 and 2021. GCC chemical producers
invested USD 6.8 billion in 2019 and a further USD 9.5 billion in
2020. Despite considerable reductions in global investments, there
are about USD 71 billion of investments for 2020-2024 in the GCC
chemical industry.

The Innovation Imperative


Research and innovation enable industries to be more competitive
and adapt to change. Therefore, a focus on R&I is essential
for maintaining the industry’s competitiveness. ‘The Innovation
Imperative of the Chemical Industry in the Arabian Gulf’ is
comprised of four key parts: introduction to innovation in the
chemical industry; success factors for innovation; the current
state of GCC chemical innovation and the innovation imperative.
It highlights the region’s commitment to innovation, the latest R&D
centres and investment, as well as economic footprint.

This report aims to help GCC chemical producers understand


innovation in the GCC, issues that affect innovation practices and
why the role of research and innovation in the industry is more vital
than ever, not only for the industry itself but also for the innovation
environment in the entire region. GPCA outlines in this report the
impact from R&D activities we see in the chemical industry and
if adopted within other process industries, can make a profound
impact on the regional economy and employment.

GPCA ANNUAL REPORT 2021 27


The GCC Plastic Conversion Industry (Executive downstream industries in the region. It also discusses current
summary) challenges facing the GCC polymer conversion industry as it aims
to move away from commodity applications, and the required
GPCA published the executive summary of the report ‘The Plastics enablers for its further development, including the development of
Conversion Landscape in the GCC: Moulding a Sustainable Future’ value parks.
during the 15th Annual GPCA Forum. The plastic industry plays a
crucial role in supporting sustainability in various sectors thanks to Quarterly View: Inside GCC Chemical Markets
its versatility and ability to innovate. This report delivers an overview
of the value chain of the plastic industry in the region. It provides In a unique collaboration with, ICIS, an established provider of
vital information for the plastics value chain about opportunities in market intelligence, GPCA published four editions of ‘Quarterly
the circular economy, related obstacles, and strategies to achieve View: Inside GCC Chemical Markets’. The reports were made
better social, economic and environmental benefits from plastics. available exclusively for GPCA members and chemical business
leaders in the region, and globally, to enable them to stay ahead of
It also delivers a comprehensive view of the entire value chain of the curve and bring value to their shareholders. In its first edition,
the plastic industry in the region, including polymer production, the report provided an outlook of China’s petrochemical demand
current plastic conversion, which markets the industry serves growth in 2021. The Q4 edition of Quarterly View presented the
as well as plastic recycling and waste management. As GCC 2022 Middle East Market Outlook, where market experts examined
countries target economic diversification, the report argues the latest global and regional market conditions and provided a
that the plastic conversion industry can become one of the key market outlook going into 2022.

GPCA post event reports


In 2021, GPCA published three post event reports which highlighted the program and activities at its face-to-face and virtual conferences.
Open to anyone to access, the reports provide an excellent opportunity to access the thought leadership and insights shared by
participants and speakers during GPCA’s events at any time from any place. The reports also present the latest trends within the industry
and serve as a platform for bringing together a variety of perspectives from regional and global players that can benefit readers.

28 GPCA ANNUAL REPORT 2021


GPCA Insight The publication featured must-read interviews with senior industry
leaders from the Arabian Gulf region and the world include Yousef
Four quarterly editions of Insight, GPCA’s official publication, were Al-Benyan, Vice Chairman and CEO, SABIC, and Chairman,
released in 2021. The magazine is designed to bring members GPCA; Dr. Ilham Kadri, CEO and Chairman of the Executive
and non-members alike the latest updates on GPCA’s activities Committee, Solvay; Thomas Gangl, CEO, Borealis; Naser
and events and provide a range of insights from the Arabian Gulf Aldousari, President and CEO, EQUATE; Dr. Ahmed Ali Attiga,
and the world through exclusive interviews and thought leadership CEO, APICORP; Mutlaq H. Al-Morished, CEO, Tasnee; Hamad
articles. Over the last 12 months, GPCA covered a number of key Alterkait, Chairman, PIC, Dr. Faisal Al-Faqeer, CEO, Sadara,
themes across the four editions of Insight, including sustainability, and many more. It also attracted contributions from a number
ESG, the opportunities to reinvent growth, and the impact of of leading global consultancy firms and reputable organizations,
COVID-19 on the chemical industry in the Arabian Gulf one year including McKinsey & Company, BCG, Accenture, World Economic
since the pandemic outbreak. Forum, International Fertilizer Association (IFA), ICIS, IHS Markit,
Argus and more.

GPCA Insight Express


Insight Express, GPCA’s monthly digital newsletter, went from
strength to strength in 2021, bringing the regional chemical
industry the latest updates and insights on the GCC market.
The newsletter featured regular interviews, member news and
thought leadership articles from leading experts in the field.
Prominent themes discussed over the past year include hydrogen
development, circular economy, agri-nutrients, plastic waste
management, trade protectionism, supply chain continuity among
others. The Insight Express saw the introduction of a new series –
entitled ‘Country Focus’ –which explored the recent developments
and projects in Saudi Arabia, UAE, and Oman. In total 57
interviews and articles were published in 2021, all of which are
available to read on the GPCA website. As we enter into the new
year, GPCA looks forward to facilitating more thought leadership
and knowledge sharing among its regional community as part of
the newsletter.

Thank you to our


knowledge partners

GPCA ANNUAL REPORT 2021 29


GPCA Podcast
Chemical insights from the Arabian Gulf

In 2021 GPCA launched a new thought leadership platform, Experts shared their perspectives on a range of topics, including
the GPCA Podcast, aimed at providing regular insights from hydrogen development in the Arabian Gulf region, technology
the chemical market in the Arabian Gulf. The podcast facilitated transfer, what the supply chain of the future looks like, enabling
leadership perspectives on timely and relevant topics across 11 food security, diversity and inclusion and many more. A number
episodes. It featured interviews with some of the leading experts of special episodes were broadcast during the Annual GPCA
in their field from across the regional chemical industry, including Forum with speakers and thought leaders who attended the
Ahmad Al Khowaiter, Chief Technology Officer, Saudi Aramco; Dr. prestigious event. The GPCA Podcast is designed to serve as a
Fahad Al-Sherehy, VP, Energy Efficiency and Carbon Management, platform for exclusive, thought leadership content from the GCC
SABIC; Dr. Moayyed Al-Qurtas, Advisor, Research & Innovation region. In 2022 it will continue to spotlight GPCA full members,
Committee, GPCA; Dr. Bob Maughon, EVP Sustainability, regional initiatives, and the role of the chemical industry in regional
Technology & Innovation, & Chief Technology & Sustainability development and advancing socio-economic and environmental
Officer, SABIC; and Dr. Farhan Al-Shahrani, Head of Strategic targets.
Innovation Partnership, KAUST, among others.

EPISODE 1: Regional EPISODE 2: Why EPISODE 3: What will EPISODE 4: Technology


petrochemical industry: hydrogen is a game the supply chain of the transfer in the chemical
Charting new horizons in changer for the chemical future look like? industry
turbulent times industry

A conversation with A conversation with A conversation with A conversation with


Dr. Abdulwahab Al Sadoun (GPCA) Ahmad Al Khowaiter (Saudi Aramco) Arun Bruce (BCG) Dr. Moayyed Al-Qurtas (GPCA)
Dr. Fahad Al-Sherehy (SABIC) Juergen Schulz (Siemens Digital Dr. Bob Maughon (SABIC)
Logistics) Dr. Farhan Al-Shahrani (KAUST)

EPISODE 5: EPISODE 6: Diversity in COVID and the future of People, talent and
Agri-nutrients: Enabling a the GCC chemical industry: work – An Interview with technology – In
food secure future The inside story of the SABIC’s EVP of Corporate conversation with OQ’s
female pioneers making Human Resource People Chief
waves in the region

A conversation with A conversation with A conversation with A conversation with


Tom Scott (IHS Markit) Nadia Al-Hajji (PIC) Abdulaziz Al-Oudan (SABIC) Ashraf Al Mamari (OQ)
Maitha Al Marashi (Borouge)
Aseel Al Bassam (GPCA)
SPECIAL EPISODE SPECIAL EPISODE

The GCC’s hydrogen Innovation in the chemical The view from Russia – An
revolution – In conversation industry – A KAUST interview with the country’s
with Siemens Energy Chief perspective largest petrochemical firm
in the Middle East

A conversation with A conversation with A conversation with


Dietmar Siersdorfer, (Siemens Energy Eng. Sami I. Sarhan (KAUST) Sergey Komyshan (Sibur)
Middle East and UAE)

SPECIAL EPISODE SPECIAL EPISODE SPECIAL EPISODE Listen to Podcast

30 GPCA ANNUAL REPORT 2021


Advocacy
As part of its efforts to voice the common interests of the regional advancing regional objectives through strategic initiatives and
chemical industry and promote the adoption of best-in-class programs launched by GPCA and supported by its members. The
standards and regulations, capability building and awareness on progress and updates of the association’s programs and initiatives
key industry issues, GPCA has adopted advocacy as one of its are listed in the following pages.
key pillars aimed at addressing leading industry challenges and

Our youth Our environment Our industry


Committed to empowering the future Committed to creating awareness about Committed to championing initiatives
talent and creating young leaders for the recycling and waste management and and programs that continuously
GCC chemical industry encouraging a more responsible attitude improve the regional industry’s overall
toward litter standards

Council Chairperson, while Mohammed Alakil, Senior Analyst,


SABIC, will act as its Vice Chairman. This dynamic group of young
chemical industry professionals will be tasked with fulfilling a
GPCA Youth Council number of key obligations and objectives. Among these are to act
as ambassadors for change by partnering with the rest of GPCA’s
working committees. Another is to lead and also grow the Leaders
of Tomorrow program, as well as organize tailored workshops
aimed at upskilling young talent at GPCA member companies.
At the Annual GPCA Forum held in December 2021 in Dubai,
The initiative attracted significant interest and support from
GPCA announced the formation of its latest initiative – the GPCA
members, receiving 65 nominations from 20 member companies.
Youth Council. The Council is dedicated to championing the
After a diligent selection process in line with strict criteria, GPCA
Leaders of Tomorrow program and supporting talent development
selected 30 rising stars from 17 member companies to join the
in the GCC. It is comprised of bright young professionals from
Council. Besides talent development, the young and aspiring
GPCA member companies and is supported by Naser Aldousari,
leaders will focus on issues related to environmental sustainability,
President and CEO, EQUATE.
circular economy, community awareness, the industry’s image and
It prides itself on its diversity, with 48% of members being female much more. GPCA congratulates and welcomes everyone involved
and members coming from all of the six GCC states. Aseel Al to this exciting new initiative and wishes them the best of luck in
Bassam, Research Specialist, GPCA, has been selected as the their future work.

GPCA ANNUAL REPORT 2021 31


first keynote address of the day entitled ‘Youth and the chemical
industry: What role can YOU play’. In the second keynote address
of the day, Ashraf Al Mamari, Chief – People, Technology and
Culture, OQ, discussed the key catalysts to accelerate young
leaders’ career development.

What followed was a panel discussion with the participation


of Ashraf Al Mamari and Maitha Al Marashi, VP, Sustainability,
Borouge, which was moderated by Sami I. Sarhan, Head, Industry
After a two-year pause due to the coronavirus (COVID-19) Engagement, King Abdullah University of Science and Technology
pandemic, the Leaders of Tomorrow program returned with an (KAUST). The discussion focused on the topic ‘Taking advantage
exciting program for students from across the Arabian Gulf. The of the changing tide’ and provided tips and tricks on how to build
15th edition of the initiative was held on day zero, 7 December, at your career in the new reality. Following these exciting sessions,
the Annual GPCA Forum in Dubai, UAE. The dedicated, student- students shared a visit to the Expo 2020 where they had a chance
only seminar attracted young talent from across the Arabian Gulf to see the latest solutions and ideas by different countries in the
region for an insightful program aimed at building the participants’ sustainability, innovation and mobility pavilions.
skills and prepare them for a career in the petrochemical and
chemical industry. The seminar kicked off with a welcome note On day one, 8 December, participants in the Leaders of Tomorrow
by Dr. Abdulwahab Al-Sadoun, Secretary General, GPCA, who program attended a workshop entitled ‘Mock company: Lead the
gave the students an overview about the association and shared change’. The workshop led by BCG, saw the students address
key facts and figures about the regional chemical industry in 2020. one of the real-life challenges facing the world today and create a
Naser Aldousari, President and CEO, EQUATE, delivered the solution that the chemical industry can offer.

SPONSOR SUPPORTING PARTNERS KNOWLEDGE PARTNER

32 GPCA ANNUAL REPORT 2021


This was further supported through a social listening exercise
which monitored conversations happening in both Arabic and
Plastic English across the GCC. The findings highlighted the negative
advocacy sentiment present towards plastics, especially in Arabic, and that
education on the subject and access to factual information was
campaign
very much in its infancy in the region.

Featuring four narratives told through the medium of film, each


story highlighted a different area of people’s lives where plastics
In 2021 GPCA launched phase 1 of a new Plastics Advocacy play a vital role: in our home, automotive, preserving our food and
Campaign under the slogan ‘There is More to Plastics’. The healthcare.
campaign, which was sponsored and supported by GPCA’s
full member companies, was launched with the aim to address While the first two films, home / auto and food packaging, were
negative misconceptions about plastics and highlight the value of fully produced, the subsequent narratives on healthcare involved
plastic as a material. At the start of the campaign GPCA set out two inspirational ambassadors who told their own personal stories
to balance the conversation and open consumers’ minds on the of how plastics have played a role within their own lives.
subject.
The films appeared on four different channels: Youtube, Facebook,
The campaign was designed to portray the other side of the story, Instagram and Twitter across six markets: UAE, Saudi Arabia,
where plastic plays a vital role in improving the quality of our lives Bahrain, Kuwait, Oman and Qatar. Across the three different
as well as protecting the environment when handled responsibly. videos, the campaign achieved over 30 million impressions, 11.6
The findings of a survey analysis, conducted by GPCA, found that million video views, 43,000 engagements and almost 100,000
consumers instantly relate plastic to disposable products such clicks that led to the landing page ‘There’s More to Plastics’.
as bags, cups and straws as well as linking plastic waste to its
Thank you to our members and sponsors for making the campaign
harmful impact on the environment. Consumers were also largely
possible and for the guidance and expertise of the Plastics
unaware of the benefits that plastics create.
Advocacy Committee comprised of senior industry executives,
which was especially formulated for this campaign.

OVER WITH OVER


30M
impressions
11.6M video views

ALMOST
100K 43K
engagements
clicks

4 CHANNELS 6 MARKETS
UAE, Saudi Arabia,
Bahrain, Kuwait, Oman
and Qatar

“The campaign “There’s More to Plastics” is “The industry must engage in continuous
an excellent project that demonstrates the improvement and innovation to make
GPCA members’ and the EQUATE Group’s plastic solutions even more sustainable
commitment to advancing the industry in and improve their lifecycle impact on our
a sustainable manner while also engaging planet. At Sipchem, we are working closely
and educating the public on the lifecycle, with our fellow GPCA member companies
benefits, and best practices of plastics.” to provide the latest products and solutions
Fatemah AlFaresi, Senior Marketing Specialist, EQUATE
that are sustainable and good for the
Member of the Plastics Advocacy Committee environment.”
Mater Al-Dhafeeri, VP, Commercial, Sipchem
Member of the Plastics Advocacy Committee

GPCA ANNUAL REPORT 2021 33


producers manufacture 32.3 million metric tons of polymers1
annually. Pellet, flake, and powder loss is a growing problem,
which can have an economic and business cost in the tune of USD
1.5 billion every year excluding environmental and reputational
damage among local communities.

Since then, member companies in the Arabian Gulf, including


plastic producers, logistics service providers and converters
demonstrated their commitment to a clean environment by
Operation Clean Sweep® (OCS), a global initiative practiced in adopting the voluntary initiative. The initiative is aligned with
over 60 countries around the world, gained significant momentum GPCA’s commitment to the Declaration of the Global Plastics
since its launch in the Arabian Gulf by GPCA in December 2020. Associations for Solutions on Marine Litter, specifically focusing
Under GPCA’s stewardship, 29 member companies from across on area #6 – “to address marine litter at the source through plastic
the value chain signed the OCS pledge over the last two years. pellet containment”.
Aimed at eliminating plastic pellet, flake and powder loss to the
environment, Operation Clean Sweep® is a product stewardship GPCA members who have signed the OCS pledge include
program of the American Chemistry Council’s Plastics Division and Sadara Chemical Company, S-Chem, Qatar Chemical Company
Plastics Industry Association in the US. GPCA adopted the new (Q-Chem), National Petrochemical Industrial Company (NATPET),
initiative for members in September 2020, with the objective to Ingenia Polymers Corporation, Astra Polymer Compounding
improve sustainability and best environmental practices at plastic Company, RSA-TALKE, S.A. TALKE, Almajdouie & de Rijke, Aljabr
manufacturing and logistics operations in the GCC. The initiative – TALKE & Co., Alfred Talke Logistic Services, and others.
is of great significance for the region, as Arabian Gulf plastic

Congratulations to all of our member companies for adopting OCS

Source: Reusable Packaging Forum, Chicago (2015) *Figures refer to plastic pallet and container loss within the U.S.
1

34 GPCA ANNUAL REPORT 2021


new GHS implementation from UN regulatory experts who are
known to successfully implement GHS requirements. As part
of the session, attendees obtained a complete overview of the
requirements for the GHS implementation, the goals of the GHS
when implemented in the UN as well as important considerations
as the regulation goes into effect. Experts also shared details into
the implementation of GHS revision 5 in comparison with other
GHS implementations around the globe.

In 2021, GPCA published its Responsible Care® Performance Gulf Process Safety Network
Metrics report under the theme ‘Rising to the New Normal
Challenges and Opportunities’. The report was released during the In an effort to drive continuous sustainability improvements across
4th GPCA Responsible Care Conference held in Saudi Arabia. It the chemical industry in the region, GPCA launched the Gulf
highlighted the EHS&S performance of 39 member companies by Process Safety Network, the first of its kind professional group in
using 23 key metrics, covering five categories. the region representing the chemical and petrochemical industry
in the six GCC states. The purpose of the network is to establish a
While 2020 brought along a myriad of challenges for the regional platform that enables and supports knowledge exchange,
chemical industry, it saw a significant improvement in companies’ investigates major process safety incidents, and promotes
sustainability performance. As highlighted in the report, non- collaboration among GPCA member companies. As part of the
hazardous waste at GPCA member companies dropped by 27% in network, professionals will be mandated to learn from incidents,
2020 from the year before. Despite a 54% increase in production, address process safety challenges, as well as engage in regional
non-hazardous disposal at GPCA companies dropped by 50%, initiatives, technical reviews and best practice sharing.
when compared to the seven-year average from 2013 to 2019.
Wastewater discharges registered a substantial decrease against The objectives of the network involve reviewing and revising GPCA
the same period (2013 to 2019), with a drop of 76%. Responsible Care Process Safety code; supporting the consistent
understanding and implementation of the Process Safety code;
The report further demonstrated the ability of EHS&S leaders from enhancing knowledge and awareness about process safety; and
the regional chemical industry to meet the challenges head on and promoting knowledge sharing and learning. Members of the Gulf
successfully leverage the Responsible Care® program to support Process Safety Network are required to have a minimum of two
their operations, safeguard the safety of their employees, stay years in the field of process safety and a minimum of seven years’
resilient and support the industry and the communities in which experience working in the chemical or petrochemical industry.
they operate.
Advancing industry standards and regulations
GHS webinar
One of the association’s key achievements in its regulatory
As part of the Responsible Care® agenda, GPCA organized advocacy activity in 2021 was the adoption of GPCA’s first
a special training session on the United Nations (UN) Globally draft for a Globally Harmonized System (GHS) standard by the
Harmonized System of Classification and Labelling of Chemicals Gulf Standardization Organization (GSO) as an official technical
(GHS). The webinar provided GPCA members and non-members standard in the GCC region. The standard was made available
alike with the opportunity to learn critical details about the onto the GSO website and is available for anyone to access.

GPCA ANNUAL REPORT 2021 35


customs procedures across the GCC member states. The white
paper provides recommendations to overcome the challenges and
highlights the opportunities to improve regional cross border trade.
Best practice in trade
and regulations Throughout the year, GPCA also actively engaged with the GCC
Secretariat to advocate the chemical industry’s position against
various trade protectionist measures such as anti-dumping
investigations concerning the imports of various chemical products
from the GCC.
GPCA developed a position paper – in both Arabic and English
language – entitled ‘GPCA Recommendations on Modernization of
the World Trade Organization (WTO)’ highlighting the importance
of a modernized and fully functioning WTO and providing a list of
recommendations in several key areas. GPCA also supported the Technology & IP
International Council of Chemical Associations (ICCA) to develop Protection and
a position paper highlighting the global chemical industry’s Management Plan
perspective on the WTO modernization.

As argued in the position paper, the WTO needs to do more to


achieve multilateral commitments from its members on further
trade liberalization and emerging trade rules in several key areas, In collaboration with Norton Rose Fulbright (NRF) and Foucault
including: Associates (F&A), GPCA developed the GCC’s gold-standard,
best-practice strategy for managing and maximizing value from
• process (reform) and substance (negotiations) your organization’s technology and IP assets. GPCA’s Technology
• regulatory cooperation on chemical substances to prevent & Intellectual Property (IP) Protection and Management Plan
barriers to trade strategically aligns the technology development and IP protection
• trade agendas to support sustainability and enforcement approach of the chemical companies in the GCC
• improved transparency, and effective enforcement of region with their strategic vision, existing and future businesses,
commitments. and organizational structure and personnel capabilities. The plan
includes a comprehensive, top-down methodology to build and
On a regional level, GPCA published a white paper entitled ‘Trade foster an innovation and IP culture within your organization to
Facilitation to Overcome GCC Border Delays’. Arabian Gulf reduce risk and protect innovation assets, capitalize on technology
countries as a group are some of the world’s most business- and IP commercialization, maximize return on investment (ROI) and
friendly emerging markets. However, most of them continue to ensure business growth plans. This poster provides a high-level
perform poorly when it comes to trading across their borders. framework of the Technology and IP Protection and Management
This poor performance could be linked specifically to the land- Plan and lays the groundwork for a series of forthcoming
border crossing landscape in the GCC region. This is one of the workshops, trainings, and learning sessions with GPCA and its
reasons why nations in the Arabian Gulf continue to lag behind members. GPCA is pleased to provide this thought-provoking
leading developed countries on cross-border trade. These strategic framework and looks forward to engaging with you and
challenges primarily exist due to the absence of harmonized your organization during the roll-out of this transformative initiative.

36 GPCA ANNUAL REPORT 2021


GPCA Legacy Awards (‫)ال ّرواد‬
GPCA hosted the 3rd edition of the GPCA Legacy Award “Al- between ADNOC and Borealis, and served as its Chairman from
Rowad” (‫ )ال ّرواد‬as part of the 15th Annual GPCA Forum on 8 1998 until 2011.
December at the 15th Annual Forum at the Madinat Jumeirah,
Dubai, UAE. The latest instalment of the prestigious award series Yousef Al-Benyan, Vice Chairman and CEO, SABIC, and Chairman,
recognized H.R.H. Prince Faisal Bin Turki Bin Abdulaziz AI- GPCA, presented both winners with a trophy of recognition in front
Saud, Advisor to the Royal Court, Saudi Arabia (2018 – Present) of a senior global and regional audience comprised of government
and Former Advisor to the Ministry of Petroleum and Mineral officials, industry leaders and dignitaries from across the region.
Resources, as well as H.E. Yousef Bin Omair, former Minister
GPCA launched the Legacy Award in 2017 to honor the leaders of
of Petroleum and Natural Resources, UAE, former Group CEO,
past generations who laid the foundations for a robust chemical
ADNOC and Chairman, Borouge (1990 – 1994).
enterprise in the six GCC states. By launching this initiative, GPCA
The two dignitaries were bestowed with the GPCA Legacy Award aspires to make known the rich history of the GCC chemical
“Al-Rowad” for their lifetime achievements and outstanding industry and inspire current and future generations to walk in the
contributions to the growth and development of the chemical and footsteps of the industry’s founding fathers.
petrochemical industry in their respective countries.
Past recipients of the GPCA Legacy Award include:
H.R.H. Prince Faisal Bin Turki Bin Abdulaziz AI-Saud served as
• Abdulaziz Al Zamil (1941 – 2019), former Minister of Industry
Advisor to the Ministry of Petroleum and Mineral Resources, Saudi
and Electricity and Chairman of SABIC (1983 – 1995)
Arabia, now Ministry of Energy from 1987 until 2018. In his role
he played an instrumental role in utilizing Saudi Arabia’s natural • Dr. Ghazi Al-Gosaibi (1940 – 2010), Saudi Arabia’s Minister
gas resources as a lever to develop a national industrial base and of Industry and Electricity (1976-1983) and first Chairman of
allocate a percentage of it to the petrochemical, metallurgical, Saudi Basic Industries Corporation (SABIC)
electricity and water desalination sectors. He also served as
• Yousuf Al-Shirawi (1927 – 2004), former Minister of
Vice Chairman of Saudi Arabia’s National Industrial Clusters
Development and Industry, Bahrain
Development Program (2007-2018).
• Abdulbaqi Al-Nouri (1929 – 2010), former Chairman and
H.E. Yousef Omair Bin Yousef acted as Group CEO of ADNOC Managing Director of Petrochemical Industries Company (PIC),
and Secretary General of the UAE’s Supreme Petroleum Council
Kuwait
from 1994 to 2011. He led the creation of Borouge, a joint venture

GPCA ANNUAL REPORT 2021 37


Communications
GPCA’s media exposure reached a new height in 2021, posting across broadcast, print, and digital in both Arabic and English
a 30% increase year on year. Total ad value equivalency of the language stood at 975. GPCA’s coverage achieved extensive
association’s coverage was $7.7 million. Total number of hits reach of 831 million readers.

Social media performance

Total Audience Total Engagement Total Impressions Post link clicks


2019 30,109 2019 58,521 2019 3,199,317 2019 27,540
2020 34,267 2020 67,159 2020 2,171,146 2020 28,746
2021 39,392 (up 17%) 2021 932,575 (up 2021 42,022,920 2021 123,441 (up 330%)
1,290%) (up 1,850%)

38 GPCA ANNUAL REPORT 2021


Looking forward
The chemical and petrochemical industry is poised for growth in They would also need to prepare for rising costs which will add
2022, buoyed by an increase in economic activity and expected pressure on profit margins. As the COVID-19 pandemic fueled
GDP growth. The full reopening of economies will depend on the demand for plastics and specialty materials – a trend which is likely
developments associated with the pandemic but there is cause to continue – chemical companies should take this opportunity to
for optimism, especially as the World Health Organization signaled focus on repositioning their asset portfolios. Following the COP26
a possible end of the emergency phase by the end of this year. in Scotland, climate change considerations will continue to drive
The situation is likely to remain dynamic and chemical companies sustainability efforts across the public and private sector. It will likely
would benefit from remaining agile and responsive to unexpected impact on regulations putting extra strain on chemical companies
disruptions. Tapping into the lessons learned from 2020-2021 will to innovate new products, engage in key stakeholder partnerships
without a doubt prove useful when chemical players start devising and align their sustainability objectives with requirements imposed
their new year strategy. by the leadership in markets in which they sell their products or
operate their plants.
Trends such as end-market growth, shifting demand, sustainability,
digital transformation, and customer-centricity will be worth Chemical companies will no longer have the luxury of lagging
watching1 over the next 12 months. Companies would need to on their digital transformation. There is vast potential to adopt
position themselves for a strong rebound in key end markets. new digital technologies and better harness the availability of
data, data processing, and engineering and materials research.
Companies can accelerate their business transformation by
aligning their technology with the culture, people, structure, and
tasks at their firm. Lastly, embedding customer-centricity will help
chemical producers difference their products and offerings in the
marketplace. Furthermore, focusing on customer-centric innovation
could improve the scope, scale, and returns of their R&D efforts –
another key driver for success in 2022.

In line with these trends, our outlook for the state of the chemical
industry in 2022 is positive, considering the strong potential for
regional chemical players to have a year full of opportunities
for growth, new investments, and fruitful partnerships. GPCA
will continue to facilitate the exchange of knowledge and
information among its members and encourage collaboration
across the Arabian Gulf industry in key areas such as standards
and regulations, plastic waste management and innovation, the
transition to a circular economy and talent development across
chemistry, engineering and science. Our commitment to advancing
GPCA’s existing programs and initiatives, while growing their
adoption, effectiveness and reach remains stronger than ever.
We will continue to promote the adoption of best practices and
showcase excellence and innovation at our growing network of
member companies in the GCC and beyond.

1
Deloitte, ‘2022 chemical industry outlook’, https://www2.deloitte.
com/us/en/pages/energy-and-resources/articles/chemical-industry-
outlook.html Last accessed 28 January 2022

GPCA ANNUAL REPORT 2021 39


The GPCA Secretariat team

Together
we can move
Mountains
Dr. Abdulwahab Al-Sadoun
Secretary General

Accounts Thought Leadership and Events, Sales and Marketing


Ashraf N Strategic Research Fiza Khan
Senior Finance and Administration Udit Arora Head of Events and Sales
Specialist Acting Head Jeff Briones
Analee Candelaria Noora Mukhtar Senior Events Operations Specialist
Events Accounts Specialist Research Specialist Salman Khan
Sales and Membership Specialist
Administration Marcom and Membership
Nazia Sarfaraz Jerry Rodrigues
Dima Horani
Senior HR and Membership Specialist Sales and Membership Specialist
Head of Marcom and Membership
Jobelle Barsarsa Jovelyn Sadoguio
Slavka Atanasova
Receptionist Events Admin Specialist
Content and Media Specialist
Ahmad Shah Aastha Govil
Office Assistant
Senior Marcom Specialist
Committee Affairs, Responsible Jimmy Mendoza
Care and Gulf SQAS Graphic Designer
Udit Arora Jhoanna Kilat
Head of Committees Communications Coordinator
Mohamed Serag
Responsible Care Specialist IT
Wesam Issa
Anida DCosta
Senior IT and Website Specialist
Conference Producer
Mohamed Zaman
Committees Specialist

40 GPCA ANNUAL REPORT 2021


GPCA members

FULL MEMBERS
BAHRAIN QATAR Qatar Petrochemicals Company Farabi Petrochemicals
Qatar Chemical Co. Ltd. Ltd. (QAPCO) Company
Bahrain Petroleum Company (Q-Chem) P.O. Box 756 P.O. Box 11763
(BAPCO) P.O. Box 24646 Doha Al Jubail Industrial City
P.O. Box 25555, Awali Amwal Tower,1st Floor, Post Code 31961
Omar Al Mukhtar Street, Tel: +974 4 401 0222; +974 4
Tel: +973 1 775 3400 Doha 401 0101 Tel: +966 1 3 356 5112
Fax: +973 3 968 4447 Fax: +974 4 477 7724 Fax: +966 1 3 356 5009
www.bapco.net www.qapco.com www.farabipc.com
Tel: +974 4 484 7104/7111
Fax: +974 4 483 7379
Gulf Petrochemical Industries Qatar Vinyl Company (QVC) NAMA Chemicals
www.qchem.com.qa
Company (GPIC) C-Ring Road, Doha P.O. Box 11919
P.O. Box 26730 P.O. Box 24440 Palm Center,
Qatar Chemical and
Manama Petrochemical Marketing Entrance B1, 2nd floor
and Distribution Company Tel: +974 4 476 5888 Jubail Industrial City 31961
Tel: +973 1 773 1777 (Muntajat) Q.J.S.C. www.qapco.com/qvc
Fax: +973 1 773 1047 P. O. Box 24445, Al Dana Tel: +966 1 3 347 8888
www.gpic.com Tower, West Bay Fax: +966 1 3 347 8666
Doha www.nama.com.sa
Tel: + 974 4 013­­2574 SAUDI ARABIA
National Petrochemical
Fax: + 974 4 013­­9140
KUWAIT www.muntajat.qa Advanced Petrochemical Industrial Company (NATPET)
Company P.O. Box 4459
EQUATE Petrochemical P.O. Box 11022 Jeddah 21491
Qatar Energy
Company Al Jubail Industrial City
P.O. Box 3212
P.O. Box 4733 Post Code 31961 Tel: +966 1 2 604 8610
WestBay, Al Dana Tower,
Safat 13048 Fax: +9661 2 652 9380
14th Floor, Office # 1404
Kuwait Tel: +966 1 3 356 6001 www.natpetpp.com
Doha
Fax +966 1 3 356 6065
Tel: +965 2 5765706 www.advancedpetrochem.com  abigh Refining and
R
Tel: +974 4 013 3801
Fax: +965 2576 5708 Petrochemical Company
Fax: +974 4 013 9529
www.equate.com Astra Polymer Compounding (PETRO RABIGH)
www.qatarenergy.qa
Co, Ltd. P.O. Box 101 Rabigh 21911
Kuwait Aromatics Company P.O. Box 30740 Admin Building 200,
Qatar Fertilizer Co. (QAFCO)
P.O. Box 70, Mina Abdullah 2nd Industrial Area Office# 062H
P.O. Box 50001
Refinarry, Admin building Al Khobar 31952
Mesaieed, Doha
Second floor, Office 290, Tel: + 966 12 425 0390
Bock1, Safat 13001 Tel: +966 1 3 861 2677 Fax: +966 12 425 8889
Tel: +974 4 4228001/888
Fax: +974 4 4772266 Fax: +9661 3 861 2676 www.petrorabigh.com
Tel: +965 2 388 3866 www.astra-polymers.com
www.qafco.com.qa
Fax: +965 2 388 4990 Sadara Chemical Company
www.kuwaitaromatics.com CHEMANOL P.O. Box 39777
Qatar Fuel Additives Co.ltd.
(QAFAC) P.O. Box 2101 Dhahran 31942
Petrochemical Industries Al Jubail Industrial Area,
P.O. Box 22700
Company (PIC) Road 251, Crossing 198 Tel: +966 1 3 813 5999
Doha
P.O. Box 1084 ext. 1110
Safat 13011 Tel: +9661 3 358 1111, Fax: +966 1 3 813 5828
Tel: +974 4 477 3462
Fax: 974 4 477 3554 400/5055 www.sadara.com
Tel: ++ 965 2 385 1000 Fax: +9661 3 358 1311
www.qafac.com.qa
Fax: +965 2385 1522 www.chemanol.com
www.pic.com.kw

GPCA ANNUAL REPORT 2021 41


Saudi Basic Industries SULTANATE OF OMAN
Corporation (SABIC)
P.O. Box 5101 Oman Methanol Company LLC
Riyadh 11422 P.O. Box 474
Postal Code 322,
Tel: +966 1 1 225 9689 Falaj Al-Qabail, Sohar
Fax: +966 1 1 225 9660
www.sabic.com Tel: +968 2686 5800
Fax: +968 26850540
Saudi Arabian Mining Company www.omanmethanol.com
(Ma’aden)
P.O. Box 68861 Oman India Fertilizer Co. SAOC
Abu Baker Al Siddique St. (Omifco)
Riyadh 11537 P.O. Box 67
Sur 411
Tel: +966 1 1 874 8322,
+966 1 1 874 8482 Tel: +968 255 32013/11
Fax: +966 1 1 874 8329 Fax: +968 2 556 2849
www.maaden.com.sa www.omifco.com

Saudi Aramco OQ
P.O. Box 5000 P.O. Box 3568
9th Floor, Tower Building Mina Al Fahal, Muscat
Dhahran 31311 PC: 112, Sohar Industrial
Port
Tel: +966 1 3 874 6106
Fax: +966 1 3 873 4287 Tel: +968 2685 1000
www.saudiaramco.com Fax: +968 2685 1211
www.oq.com
Sahara International
Petrochemicals Company
(SIPCHEM)
P.O. Box 12021 UNITED ARAB EMIRATES
Al Khobar 31952
Abu Dhabi National Oil
Tel: +966 1 3 357 4802 Company (ADNOC)
Fax: +966 1 3 359 9610 P.O. Box 898
www.sipchem.com Corniche Road (W),
Bainouna St,
S-Chem Abu Dhabi
P.O. Box 11221
Jubail Industrial City Tel: +971 2 707 4774
Post Code 31961 www.adnoc.ae
Tel: +966 1 3 358 1760 FERTIL
Fax: +966 1 3 358 5192 P.O. Box 2288
www.schem.com Sheikh Khalifa Energy
Complex, Khalifa Street
TASNEE Abu Dhabi
P.O. Box 26707
The Business Gate, Building Tel: +971 2 602 1133/44
No. C3, Eastern Ring Road, Fax: +9712 602 1155
Qurtuba Area, Riyadh 11496 www.adnoc.ae
Tel: +966 1 3 359 6666 Abu Dhabi Polymers Co. Ltd.
Fax: +966 1 3 359 7202 (Borouge)
www.tasnee.com P.O. Box 6925
Borouge Tower,Sheikh
Khalifa Energy Complex,
Corniche Road
Abu Dhabi

Tel: +971 2 708 0102


Fax: +971 2 607 0111
www.borouge.com

42 GPCA ANNUAL REPORT 2021


ASSOCIATE MEMBERS
BANGLADESH CANADA LANXESS Deutschland GmbH Reliance Industries Limited
Kennedy Platz 1 Bldg. No. 8A, 1st Floor,
Bangkor Polymer Corporation Albertas Industrial Heartland 50569 Cologne Reliance Corporate Park,
33 Topkhana Road, Meherba Association Thane-Belapur Road,
Plaza, Suite #3/G Suite 300, 9940 Avenue, Fort Tel: +49 221 8885 8492 Ghansoli, Navi Mumbai –
Saskatchewan, AB T8L 4G8 Fax: +49 221 8885 9887 400 701
Tel: +8802 957 1089, +8802 www.lanxess.com
9554 1178 Tel: +780 998 7453 ext. 4 Tel: +9122 4 061 3380
Fax: +88029550710 www.industrialheartland.com hte GmbH
69123, Heidelberg Fax: +9122 4 061 3199
www.bangkorpoly.com
Kurpfalzring 104 www.ril.com
69123
Transport Corporation of India
DENMARK Tel: +496 221 749 7424 Ltd.
BAHRAIN www.hte-company.de TCI House, 69, Sector 32,
Haldor Topsoe A/S Gurgaon
Nexant Limited Haldor Topsøes Allé 1, Mitsui & Co. Deutschland
P.O. Box 20705 DK - 2800 Kgs. Lyngby Tel: +918 28 792 9747
GmbH
Level 22, West Tower Fax: +911 24 238 1611
Herzogstrasse 15, 40217
Building, Bahrain Financial Tel: +45 4527 2000 www.tcil.com
Düsseldorf, Germany
Harbour, King Faisal Fax: +45 4527 2999
Highway Manama www.topsoe.com Tel: +492 219 3860 Supreme Petrochem Ltd.
Fax: +492 11 938 6716 5th Floor, Bldg. No. 11
Tel: +973 1 750 2962 www.mitsui.de Chakala, Andheri (East)
Fax: +973 1 750 3030 Mumbai
www.nexant.com FINLAND Tel: +91 22 6771 0000
Fax: +91 22 6709 1924
Temet Oy HONGKONG www.supreme.co.in
Asentajankatu 3, FI-00880
BELGIUM Helsinki Sara Offshore Services Limited
Unit B, 19/F,
Tel: +358 20 757 9510
Anno Chemicals NV Yardley Commercial
Berkenlaan 21
Fax: +35 20 757 9514
Building, 3 Connaught Road ITALY
www.temet.com
BE-2980 Halle-Zoersel West, Hong Kong
Versalis
Tel: +32 3 464 2532 Tel: +85 2285 43018 Piazza Boldrini 1, 20097 San
Fax: +32 3 464 2537 Fax + 852 285 43315 Donato Milanese (MI)
www.annochemicals.com GERMANY www.sara-global.com
Tel: + 390 25 204 1243
Milliken Europe BVBA Brenntag Holding GmbH Fax: + 390 25 203 2575
HAM 18-24, B-9000 Gent Messeallee 11, www.versalis.eni.com
45131 Essen
Tel: +329 265 1082 INDIA Italmatch Chemicals S.p.A
Fax: +329 265 1195 Tel: +49 2 016 4960 Via Magazzini del Catone 17
Fax: +49 2 016 496 1010 Jindal Poly Films Ltd Modulo 4, Genoa 16126
www.millikenchemical.com
www.brenntag.com Plot No,12, Sector B-1,
Local Shopping Complex, Tel: +390 1 064 2081
Gemini Corporation N.V
Helm AG Vasant Kunj, New Fax: +390 10 469 5296
Gemini House Waterwilgweg
6, 2050 Anwerp Nordkanalstrasse 28 Delhi-110070 www.italmatch.com
D-20097Hamburg
Tel: +323 254 0414 Deutschland Tel: +9101 14 032 2100
Fax: +323 254 0428 Fax: +9101 14 032 2129
www.geminicorp.be
www.jindalpoly.com
Tel: +49 40 23750 IRAN
Fax: +49 40 237 51845
Solvay SA Finolex Industries Limited
www.helmag.com Arya Sasol Polymer Company
Rue de Ransbeek 310, 1120 D-1/10 MIDC
Chinchwad Pars Special Economic
Neder-Over-Hembeek HOYER GmbH
Pune 411 019 Zone, Assalouye
Wendestrase 414-424,
Tel: +322 264 2126 Hamburg Tel: +982 18 592 0000
Fax: +322 909 2265 Tel: +9120 2 740 8200
Fax: + 987 73 726 4177
www.solvay.com Tel: +494 021 0440 Fax: +9120 2 747 4444
www.aryasasol.com
Fax: +494 02 104 4246 www.finolex.com
www.hoyer.group.com

GPCA ANNUAL REPORT 2021 43


Bakhtar Commercial Company PAKISTAN Air Liquide Arabia Bahri
No. 1246, North Karegar P.O. Box 2335 Olaya Towers (B), Floors (12
Ave., Tehran Engro Polymer & Chemicals Ltd Al-Tuwairki Tower, 15th Floor, 15), Al Olaya, 3074 Prince
12th Floor Ocean Towers, Khobar-Dammam Highway, Muhammad Ibn Abdulaziz
Tel: +98 21 6096 2214 Khayaban -E- Iqbal, Block 5 Al-Khobar 31952 Rd, Riyadh
Fax: +98 21 6096 2104 Clifton, Karachi
Tel: +966 11 478 5454
www.bcco.co Tel: +966 13 836 6668
Tel: +9221 11 141 1411 Fax: +971 4 384 0400
Fax: +966 13 802 1017 www.bahri.sa
Bistoun Petrochemical Fax: +922 13 529 5948 www.airliquide.com
Company www.engropolymer.com
Basic Chemical Industries
Kemanshah-8km Bisotoun Al Majdouie Derijke Logistics
International Chemplast (Pvt.) Group
Kermanshah 0832372 Co. Ltd.
Ltd. Dammam
Suite # 509, 5th Floor, P.O. Box 336
Tel: +988 3 343 3748
Progressive Plaza, King Fahd Road Tel: +966 13 821 7777
Fax: +988 3 347 3349
Beaumont Road, Civil Linies Dammam 31411 Fax: +966 13 847 2648
www.biscp.ir
Quarters, Karachi www.bci.com.sa
Zagros Petrochemical Tel: +966 13 819 8192
Tel: +922 11 132 5325 Fax: +9661 3 811 4192 Crescent Transportation Co. Ltd
Company
Fax: +922 13 565 6591 www.almajdouiederijke.com P.O. Box 1232
No.88 Khodammi St., Vanak
www.icplpk.com Al Khobar 31952
Square, Tehran 1994835555
Aldrees Petroleum and
Tel: +9821 4 291 4301 Tel: +966 3 858 0304
Transport Services Company
Fax: +9821 4 291 4333 Fax: +966 3 814 0360
P.O. Box 609 www.crescent-
www.zpcir.com QATAR Riyadh 11421 transportation.com

JAPAN Qatar Industrial Manufacturing Tel: +966 11 235 5555 DUSSUR


Company (QIMC) Fax: +966 11 236 6666 P.O.Box 47340, King Khaled
Japan Saudi Arabia Methanol P.O. Box 16875 www.aldrees.com international airport road,
Co. Inc. Al Corniche Street, Riyadh Front, Building N4,
Hibiya Kokusai Bldg., 2-3, West Bay, Doha Al Watania Plastics Riyadh
Uchisaiwaicho 2-chome, 2nd Industrial Area
Tel: +974 44 344222 Riyadh 11443 Tel: +966 11 826 5031
Chiyoda-ku, Tokyo
www.qimc.com.qa Fax: +966 55 785 5780
100-0011
Tel: +966 11 265 0036 www.aldrees.com
Tel: +81 33 593 3541 Fax: +966 11 265 0905
Fax: +81 33 593 3544 www.wataniaind.com Globe Group
RUSSIA P.O. Box 1814
Alfred Talke 31441 Dammam
Sibur P.O. Box 10610
16/1 Krzhizhanovskogo St. Jubail Industrial City 31961 Tel: +966 1 3835 2222
KUWAIT Moscow, GSP-7, 117997 Fax: +9661 3835 1222
Tel: +966 1 3347-3222 www.globemarine.com.sa
Al Kout Industrial Projects Co. Tel: +7 495 777 55 00 Fax: +966 13347-2555
P.O. Box 10277
Fax: +7 495 777 55 00 32 72
www.aljabr-talke.com Gulf Chemicals and Industrial
Shuaiba Oils Company
www.sibur.ru Arabian Chemical Terminals P.O. Box 3942
Tel: +965 228 7009 Limited Second Industrial City
Fax: +965 222 4041 7th Floor, Alireza Towers, Dammam 31481
www.alkoutprojects.com Madinah Road, Jeddah
21495 Tel: +966 13 812 1022
SAUDI ARABIA
Qurain Petrochemical Fax: +966 13 812 1170
Industries Company Tel: +966 12 652 0000 www.gcir.com.sa
Al Jabri Logistics Fax: +966 12 653 4032
P.O. Box 29299 Dammam Riyadh Road,
26 Floor, KIPCO www. Ingenia Polymers Co. Ltd.
Dammam arabianchemicalterminals.com
Tower,Khalid Bin Al-Waleed P.O. Box 11027
Street, Sharq, Safat 13153 Tel: +966 50 588 8869 Jubail Industrial City 31961
www.al-jabri.com.sa A.T. Kearney
P.O. Box 230888 Tel: +966 13 341 8793
Tel: +965 2294 3232
King Faisal Foundation Fax: +966 13 341 8934
Fax: +965 2321 1922 Abdul Rahman Al-Otaishan and
Building. South Tower, www.ingeniapolymers.com
www.qpic-kw.com Sons Group Company LLC
P.O. Box 6978 7th Floor,Office FS07A,King
Fahad Highway,Olaya International Chemical
Dammam 31452
District Riyadh Logistics Co. Ltd.
Tel: +966 13 811 6048 P.O Box 22431, Madina
Fax: +966 13 811 6133 Tel: +966 11 290 5200 Al-Munawwara Road,
www.al-otaishan.com.sa Fax: +966 11 206 1258 Al-Sharafiya, Postal Code
www.atkearney.com 21495, Jeddah

Tel: +966 12 652 0000


Fax: +966 12 653 4032
www.suttonsgroup.com
44 GPCA ANNUAL REPORT 2021
JAS Global Industries NAPCO Flexible Packaging Rowad National Plastic Co Ltd The Saudi Company of
P.O. Box 22973, Jeddah Division P.O. Box 29452 Chemical Trading Ltd.,
P.O. Box 538 2nd Industrial Area, (Chemtrade)
Tel: +966 12 608 1911 1st Industrial City, Riyadh 11457 P.O. Box 22431
Fax: +966 12 608 1912 Dammam 31421 7th Floor,  Alireza Tower,
www.jasind.com Tel: +966 11 253 1717 Madina Road, Jeddah
Tel: +9661 3 847 3040 Fax: +966 11 265 1973
Katoen Natie Khonaini Co. Ltd. Fax: +9661 3 847 1484 www.rowadplastic.com Tel: +966 12 652 0000
P.O. Box 30 Fax: +966 12 6517492
www.napcogroup.com
Jubail 31951 www.chemtrade.com
Royal Commission for Jubail
National Center for and Yanbu
Tel: +966 1 3361 7518 United Compounding Industrial
Environmental Compliance P.O. Box 5964
Fax: +966 1 3362 2746 Company W.L.L
(NCEC) Riyadh 11432
www.katoennatie.com Jeddah Industrial City II,
Al Wurud Dist., Jeddah
Jeddah 22754
KBR Tel: +966 11 264 9000
Fax: +966 12 651 1424 Fax: +966 11 456 9144
P.O. Box: 2959 Tel: +966 11 497 2237
www.ncec.gov.sa www.rcjy.gov.sa
Al Khobar 31952 Fax: +966 11 492 9582
www.ucic.sa
National Petrochemical Sankyu Saudi Arabia Co.
Tel: +966 13 851 6807 Company (Petrochem)
Fax: +966 13 851 6667 P.O Box 40645, Al Murjanah
P.O. Box: 99833 Tower, Floor # 8 Office # 804
www.kbr.com Riyadh 11625 Prince Sultan Road, Al
Rawdhah District, SINGAPORE
King Abdullah University Tel: +966 11 219 2522
of Science and Technology Jeddah 21511
Fax: +966 11 21 92523 Integra Petrochemicals Pte Ltd
(KAUST) www.petrochem.com.sa
Bldg No. 23, Innovation Tel: + 966 12 683 3939 2 Battery Road #22-01
Cluster 3, Office No. 3-350 Fax:+ 966 12 616 5521 Maybank Tower, Singapore
National Oil & Chemicals www.sankyu.com.sa 049907
Thuwal 23955-6900
Company
Altruki Business Park, Loft 3, Saudi Industrial Export Co.
Tel: +966 12 808 4711 Tel: +65 6220 9895
Al Khobar P.O. Box 21977, Riyadh
www.kaust.edu.sa Fax: +65 6220 2908
11485
Tel: +966 50 988 3753 www.integra-global.com
KPMG Al Fozan and Al Sadhan Fax: +966 13 533 2293 Tel: +966 11 405 8080
P.O. Box 92876 www.chemaoil.com.sa Steem1960 Singapore Pte Ltd
Fax: +96611 405 8080
KPMG Tower, Salahudeen 25 Church Street, #03-
www.siec.com.sa
Al Ayoubi Road, 01, Capital Square Three,
NEPC (BeeA’h)
Malaz District, Riyadh 11663 Singapore 049482
P.O. Box 10628 Saudi Industrial Property
Road 289 Rd 198, Industrial Authority ( MODON )
Tel: +966 11 874 8711 Tel: +65 6 536 1662
Area, Secondary Industry P.O BOX: 84214
Fax: +966 11 874 8600 www.steem1960.com
Park, Jubail Industrial City Riyadh 11149
www.kpmg.com.sa
31961
Tel: +966 1 874 5748
Ministry of Investment Tel: +966 13 358 8008 Fax: +9661 1 874 9019
Imam Saud Bin Abdul Aziz,
Riyadh 12382
Fax: +966 13 358 8584 www.modon.gov.sa SOUTH AFRICA
www.beeah.com
Tel: +966 11 203 5777 SUEZ Saudi Environmental SPI International Properietary
Norton Rose Fulbright US LLP Services (SPII)
www.misa.gov.sa
P.O. Box 52681, Al-Nakhlah P.O. Box 10183 306, Isle Smuts Street,
Tower, 17th Floor, King Jubail Industrial City 31961, Garsfontein, Ext.3, Pretoria
Moriat Logistics Company
Fahad Road, As Sahafah Jubail 2, Road 274/T-311
Khobar
Tel: +27(0) 12 993 2351
Tel: +966 11 279 5400 Tel: +966 1 3367 0026 Fax: +989 12 357 6528
Tel: +966 13 814 4515
Fax: +966 11 419 8278 Tel: +966 1 3367 0200 www.spiint.co.za
Fax: +966 13 814 4495
www.nortonrosefulbright. www.edco.com.sa
www.moriat.com.sa
com
Mubarrad Takween Advanced Industries
Reda Chemicals P.O. Box 2500, 16th Floor,
Al Olaya District King Fahad
P.O. Box 2923 Al Othman Office Towers,
SULTANATE OF OMAN
Road, Riyadh
Al Bustan Area, King Saud Road, Al Khobar
ABT Building, 2nd Floor, 31952 Air Liquide Sohar Industrial
Tel: +966 11 825 5990
Khobar-Dammam Gases LLC
Fax: +966 11 418 7802
www.mubarrad.com Expressway, Tel: +966 13 853 4355 P.O. Box 66
Al-Khobar 31952 Fax: +966 13 853 4343 Postal Code: 327
www.takweenai.com Sohar
Tel: +971 4 332 5100
Fax: +971 4 332 5200 Tel: +968 2685 0200
www.redachem.com Fax: +968 2685 0203
www.airliquide.com

GPCA ANNUAL REPORT 2021 45


Gulf Plastic Industries Co. Standic B.V Al Futtaim Logistics Company BGN International DMCC
(SAOC) Wieldrechtseweg 35 LLC P.O. Box 115738
P.O. Box 55, PC 124, Rusayl 3316 BG Dordfrecht P.O. Box 61450, Unit 1404 / JLT Reef Tower
Industrial State Jebel Ali Free Zone, Dubai Jumeriah Lake Towers
Tel: +31 78 652 8692/865 Dubai
Tel: +968 2 444 6688 Fax: +31 78 652 8652 Tel: +971 4 807 7171
Fax: +968 2 444 6766 www.standic.com Fax: +971 4 881 9157
Tel : +971 4 376 2000
www.gulfpalsticoman.com www.aflogistics.com
Fax : +971 4 431 1416
www.bayegan.net
Al Nahda International FZCO
P.O. Box 261911
TURKEY Jebel Ali Freezone, Dubai Bertschi Chemical Logistics
SWITZERLAND DMCC
AKPA Kimya Tel: +971 4 883 1314 P.O. Box 478488
Clariant International LTD. Yenibosna Merkez Mah. Fax: +971 4 883 1315 Jumeirah Lakes Towers,
Postal Code: 4133 Ladin Sok. No: 36/70 Kat: 12 www.alnahdafz.com Jumeirah Bay Tower X3,
Hardstr. 61 Townofis, Istanbul 34197 Office 1603, Dubai
Pratteln Altek International FZE
Tel: +905 35 461 4594 Dubai Tel: +971 4 454 77 92
Tel: +973 17556 307 Fax: +902 12 580 5521
Fax: +971 4 454 77 34
www.akpakimya.com Tel: +971 4 368 6059
Fax: +973 17556 309 www.bertschi.com
www.clariant.com Fax: +971 4 244 3491
PAGEV-Turkish Plastic Industry www.altek.ae
Foundation Borealis AG - Abu Dhabi
INEOS Halkalı Cad. Tez-İş Business P.O. Box 48313
1180 Rolle Ampacet Europe SA - Mubadala Tower, 1st floor,
Center No: 132/1 Floor: 4
DMCC Branch Sultan Bin Zayed the First
34295 Sefaköy, Istanbul
Tel: +412 1 627 7040 Jumeirah Business Centre 3
Street, Abu Dhabi
www.ineos.com Tower – Office 3304
Tel: +90 212 425 1313
Cluster Y – Jumeirah Lake
Fax: +90 212 624 4926 Tel: +971 2 412 3512
Kolmar Group AG Towers
www.pagev.org Fax: +971 2 635 9262
4th Floor, Metalli, P.O. Box 337219 – Dubai,
www.borealisgroup.com
Baarerstrasse 18 Zug 6300
Tel: + 971 4 551 9549
Fax: +971 4 551 9547 Bureau Veritas Company
Tel: +4141 727 5700 UNITED ARAB EMIRATES www.ampacet.com P.O. Box 26264
Fax: +41 41 727 5701 East Al Salam Street,
www.kolmargroup.com Accenture Argus Media Al Zubara Tower, 1st Floor,
Tower 9th Floor, Global P.O. Box 502821 Abu Dhabi
Market Square, Abu Dhabi
Office 26-27, 26th Floor
Tel: +971 2 644 4920
Tel: +971 2 642 9644 Shatha Tower, DMC, Dubai
Fax: +971 4 307 44 00
THE NETHERLANDS Fax: +971 2 443 8622 www.bureauveritas.com
www.accenture.com Tel: +971 4 434 5112
ARLANXEO Holding B.V. Fax: +971 4 424 0134 CarboKene FZE
Scheveningseweg 64 Adeka Al Otaiba Middle East www.argusmedia.com/ P.O. Box 513935, P6-106 -
2517 KX’s - Gravenhage petrochemicals Saif Zone
P.O. Box 40306
(The Hague)
Plot No 37, B4 Industrial
City Of Abu Dhabi 1 (Icad 1) Arkema Middle East DMCC Tel: +971 6 533 7282
Tel: +31(0) 43 750 3920 Unit 1108, 11th Flr JBC 3 www.carbokene.com
www.arlanxeo.com Musaffah, Abu Dhabi
Tower Cluster Y, JLT, Dubai
Tel: +971 2 550 8361 Clarksons Platou
Kisuma Chemicals Tel: +971 4 875 1700 P.O. Box 102929
Billitonweg 7, P.O. Box Fax: +971 2 550 8396 www.arkema.com 14th Floor Gold Tower,
400, 9640 AK Veendam, www.adeka-alghurair.com Cluster I, Jumeirah Lakes
Netherlands Aquachemie DMCC Towers, Dubai
Air Liquide Middle East and P.O. Box 211586, Dubai
Tel: +315 9 866 6766 North Africa (ALMENA) Tel: +971 4 450 9432
Fax: +315 9 869 0792 P.O. Box 54638, Suite 301, Tel: +971 4 8807701 www.clarksons.com
www.kisuma.com East Wing 5, A Block, Dubai Fax: +971 4 8807702
Airport Free Zone, Dubai www.aquachemie.com Cosmoplast Co. LLC
Stamicarbon BV
P.O. Box 6032
P.O. Box 53
Tel: +971 4 299 3444 BASF Middle East LLC Street No. 20, Industrial Area
Mercator 3, 6135 KW Sittard
Fax: +971 4 299 3668 P.O. Box 61309 No.1, Sharjah
Tel: +31 46 423 7000 www.airliquide.com Jebel Ali Free Zone
Dubai Tel: +9716 533 1264
Fax: +31 46 423 7001
Air Products Qudra (APQ) Fax: + 971 6 533 1917
www.stamicarbon.com
P.O. Box 16912 www.cosmoplast.com
Tel: +971 4 807 2115
Jebel Ali Free Zone, Dubai www.interplast.ae
Fax: +971 4 883 8675
www.basf.com
Tel: +971 4 807 8333
Fax: +971 4 883 5411
www.airproducts.com

46 GPCA ANNUAL REPORT 2021


DNV.GL Business Assurance Hillebrand Maersk Kanoo (Emirates) LLC Polychem Resins International
Group AS. Dubai Branch P.O. Box 191061 P.O. Box 50720, 40th Floor, Industries LLC
P.O. Box 11539, 12th floor Latifa Tower West Wing, Burj Al Salam Building P.O. Box 37029
Burjuman Business Tower, Office 601, Sheikh Zayed Sheikh Zayed Road, Dubai Jebel Ali Industrial Area,
Dubai Road, Dubai Dubai
Tel: +9714 303 5984
Tel: +971 4 302 6300 www.maersk.com
Tel:+971 4 343 0054 Tel: +971 4 880 1662
Fax: +9714 355 9433
Fax: +971 4 343 4351 Fax: +971 4 880 1866
www.dnvgl.com Methanex Middle East
www.hillebrand.com www.polycheminternational.com
P.O. Box 309010
Dow Chemicals IMEA GmbH Fortune Tower, Office 205,
P.O. Box 7893 Honeywell UOP Precision Group
Jumeirah Lakes Towers Street 7,Al Qouz Industrial
Emaar Square, Bldg 6 P.O. Box 9248
Level 3, Sheikh Zayed Road 29th Floor World Trade Area 3, Dubai
Tel: +971 4 438 0299
Dubai Centre, Dubai
Fax: +971 4 438 0240 Tel: +971 4 310 5777
Tel: +971 4 453 7000 www.methanex.com Fax: +971 4 310 5888
Tel: +971 4 331 3841
Fax: +9714 453 7093 www.pdtmc.com
Fax: +971 4 331 7033
www.dow.com MJ Additive International
www.uop.com
Industry (SENTEC) LLC QUEST Group DMCC
DP World P.O Box 62783 , Room 202 P.O. Box 643931
IHS GLOBAL FZ LLC
P.O. Box 17000 Block B Business Hub ICAD 31 K, AG Tower
P.O. Box 500395
5th Floor, Jafza 17 Bldg., Lob 1 Mussafah, Abu Dhabi (Silver Tower), Cluster I,
Office Park Bldg Block A,
17, Jebel Ali, Dubai Dubai Internet City, Dubai Jumeirah Lake Towers,
Tel: +971 2 550 3277 Dubai
Fax: +971 2 550 3278
Tel: +971 4 881 5555 Tel: +971 4 363 5800
www.mj-additive.com
Fax: +971 4 887 6470 Fax: +971 4 363 5801 Tel: +971 4 454 3096
www.dpworld.ae www.ihs.com Fax: +971 4 454 3093
Nalco Water
P.O. Box 262015, JAFZA www.questgroupint.com
Emerson FZE Iplast Industries LLC
One, Tower A, 11th Floor,
P.O. Box 17033, Jebel Ali I CAD-3 Abu Dhabi Quincannon Associates DMCC
Jebel Ali Free Zone, Dubai
Free Zone, Dubai ONE JLT, Floor 5 Office 67
Tel: +971 2 309 4611
Tel: +971 4 801 4000 Jumeira Lake Towers, Dubai
Tel: +971 4 481 18100 Fax: +971 2 622 1585 www.ecolab.com
Fax: +971 4 886 5465 Tel: +971 4 429 5893
www.emerson.com Joint Tank Services FZCO NES Fircroft www.quincannon.com
P.O. Box 17512 P.O. Box 63107, Office 26-
ENPI Group Jebel Ali Free Zone (South), D2, Marina Square Tamouh
Dubai Rakha Al Khaleej International
P.O. Box 341034, Le Tower Al reem island, Abu
Solarium Building, DSO, LLC
Dhabi
Dubai Tel: +971 4 880 7801 P.O. Box 55157
Fax: +971 4 880 7802 Tel: +971 2 312 6119 Suite 701, National Bank of
Tel: +971 6 534 4411 www.jts.ae Fax: +971 2 622 2659 Umm Al-Quwain Building,
Fax: +971 6 534 4422 www.nesfircroft.com Khalid Bin Waleed Road,
www.enpigroup.com Khalifa Industrial Zone Abu Bank Street, Dubai
Dhabi
Neelam Aqua & Speciality
Etihad Rail Company PJSC P.O. Box 54477, Abu Dhabi Tel: +971 4 397 7999
Chem FZE
P.O. Box 989, Capital Gate, Fax: +971 4 397 2555
Tel: 800102030 P.O. Box 16084, RAK
6th Floor www.rai-uae.com
www.kizad.ae Free Trade Zone, Rash Al
Khaleej Al Arabi Street (30)
Khaimah
Linde Engineering Middle East Schmidt ME Logistics Ltd
Tel: +971 2 499 9999
LLC Tel: +97150 982 5048 P.O. Box 137125
Fax: +971 2 499 9998
C1 Tower 5th Floor Al Bateen Fax: +971 7 266 0511 Plot No. KHIA9-29,
www.etihadrail.ae
St., Abu Dhabi www.neelamaqua.com Taweelah, Khalifa Industrial
Evonik Gulf FZE Zone Abu Dhabi (KIZAD),
Tel: +971 2 698 1400 Petrochem Middle East Abu Dhabi
P.O. Box 341256 P.O. Box 23910
Silicon Oasis,Office E-107 Fax: +971 2 698 1499
www.linde.com Level 34, Jumeirah Bay Tel: +971 2 672 5044
Dubai X2 Tower, Jumeirah Lakes Fax: +971 2 562 7000
LyondellBasell Industries Towers, Dubai www.schmidt-heilbronn.de
Tel: +971 4 372 4150 P.O. Box 293611
Fax: +971 4 372 4174 Building 2W, Office No. 206, Tel: +971 4 417 9300 Sealed Air General Trading
www.evonik.com Dubai Airport Free Zone Fax: +971 4 417 9393 L.L.C.
(DAFZA), Dubai www.petrocheme.com P.O. Box 487270 DIP First,
Gulf Cryo LLC Dubai
Dubai Investment Park 1, Tel: +971 4 204 5970
Dubai Fax: +971 4 204 5969 Tel: +971 4 810 1900
www.basell.com Fax: +971 4 880 2993
Tel: +971 4 809 0000
www.Sealedair.com
Fax: +966 55 157 1511
www.gulfcryo.com

GPCA ANNUAL REPORT 2021 47


SIEMENS ENERGY LLC Thyssenkrupp Industrial UNITED KINGDOM International Trader
P.O. Box 47015, Abu Dhabi Solutions AG Publications, Inc.
P.O. Box 121164, The H Agility P.O. Box 687 Tarry Town NY
Tel: +9712 588 0000 Dubai Office Tower, 12th floor Pavilion 7, The Match Works, 10591
www.siemens.ae Sheikh Zayed Road, Dubai Garston, Liverpool L19 2PH
England Tel: +914 631 6856
Strategy& (Middle East) Ltd. Tel: +971 4 705 9300 Fax: +914 631 6857
P.O Box 43754, Al Khatem Fax: +971 4 705 9301 Tel: +44(0)151 494 5900 www.itpweb.com
Tower, www.thyssenkrupp- Fax: +44(0)151 494 5901
Level 26, Abu Dhabi industrial-solutions.com www.agilitylogistics.com McKinsey and Company
55 East 52Nd Street 21St
Tel: +971 2 699 2400 Total Safety LLC HSBC Bank plc Floor, New York 10022
Fax: +971 2 699 2424 Al Marri Warehouse #2, Al 8 Canada Square,
www.strategyand.pwc.com Qusais Ind.5, Dubai Postal Code: E14 5HQ Tel: +1212 446 7000
London Fax: +1212 446 8575
Shell Chemicals Arabia Tel: +971 4 267 8829 www.mckinsey.com
P.O. Box 11677 www.totalsafety.com Tel: +44 20 7991 8888
Convention Tower, 9th Floor Fax: + 44 20 7992 4795 Pilko & Associates
Dubai UL – Underwriters www.hsbcnet.com 700 Louisiana, Suite 4500,
Laboratories Houston, TX 77002
Tel: +971 4 405 4400 P.O. Box 345831 ICIS
Fax: +971 4 332 1597 Laboratory Building Unit 222 Quadrant House, Tel: +713 357 1000
www.shell.com/chemicals Dubai Science Park The Quadrant, Sutton Fax: +713 35 70990
Al Barsha South 2, Dubai SM25AS www.pilko.com
Songwon International-Middle
East FZE Tel: +971 4 558 5900 Tel: +44 208 652 3345
P.O. Box 371467 Fax: +71 4 558 5036 Fax: +44 208 652 3929
Office No 250, Building 6EB, www.ul.com www.icis.com PMC Group, Inc
Dubai Airport Free Zone 1288 Route 73 South,
Union Pipes Industry Platts Suite 401, Postal Code
Tel: +971 4 256 6338 P.O. Box 9650 20 Canada Square, 08054,
Fax: +971 4 256 6339 ICAD-1, Mussafah, Abu Dhabi E14 5LH, London Mount Laurel, New Jersey
www.songwon.com
Tel: +971 2 550 0102 Tel: +44 (0) 20 7176 6000 Tel: +1 856 533 1870
Star Energy Resources Limited Fax: + 44 (0) 20 7176 6322 Fax: +1 856 533 1869
P.O. Box 16811, Jebel Ali Fax: +971 2 550 0105
www.platts.com www.pmc-group.com
Freezone, Dubai www.upi.ae

Veolia Middle East The Catalyst Group Inc.


Tel: + 971 4 881 6733 P.O. Box 680
Fax: + 971 4 881 6548 P.O. Box 9529, Office 1401-
A, Burj Gate Tower, Sheikh Spring House,
www.seot.ae
Zayed Road, Dubai UNITED STATES OF AMERICA Pa 19477-0637
Stolt-Nielsen Limited Tel: +1 215 628 4447
Tel: +971 4 328 7776 BDP International INC.
P.O. Box 337246 Fax: +1 215 628 2267
www.veolia.com/middleeast 510 Walnut Street , 13th
Office no. 1802 ; Swiss Floor, Philadelphia 19106 www.catalystgrp.com
Tower, Cluster Y, Jumeirah
Vopak Middle East B.V.
Lake Towers, Dubai Tel: +1(215) 629-8900 Tricon Energy LTD
P.O. Box 119448
Fax: 1(215) 629-8940 777 Post Oak Blvd Suite 550
Office 14 H, 14th Floor, Houston Texas 77082
Tel: +971 4 512 9842 www.bdpinternational.com
Almas Tower, Jumeirah Lake
Fax: +971 451 29899
Towers, Dubai Tel: +1 713-979-9314
www.stolt-nielsen.com Conflucore
4500 Fuller Drive, Suite 120, Fax: +1 713 985 6190
Tel: +971 4 440 4600 Irving TX 75038 www.triconenergy.com
Taghleef Industries
Fax: +971 4 447 4608
P.O. Box 56391 Vinmar International Ltd.
www.vopak.com Tel: +1972 281 0106
Jebel Ali Industrial Area-1, 16825 Northchase Drive,
Dubai www.conflucore.com
Wood Mackenzie Suite 1400, Houston, Texas
P.O. Box 66354 Exxon Mobil Chemical 77060
Tel: +971 4 880 1100 27A, Emirates Tower, Dubai Company
Fax: +971 4 880 1122 13501 Katy Freeway Tel: +1 281 618 1300
www.ti-films.com Tel: +971 4 376 5300 CORP-EMCC-W1-372 Fax: +1 281 448 4474
Fax: +971 4 376 5301 Huston, 77079-1398 www.vinmar.com
The Boston Consulting Group www.woodmac.com
International Inc. Tel: +1 281 870 6075 W.R. Grace and Co.
P.O. Box 32257 Worley Fax: +1 281 588 4772 7500 Grace Drive Columbia
4th Floor, Office Park Bldg., P.O. Box 44169 www.exxonmobilchemical.com MD 21044
Dubai Internet City 13th floor, Dhafir Tower,
Najda St. Foucault & Associates Tel: +1 410 531 4000
15200 memorial DE 1703, Fax: +1 410 531 4496
Tel: +971 4 448 0300 Tel: +971 2 495 1100 www.grace.com
Houston TX, 77079
Fax: +971 4 4480 333 www.worley.com
www.bcg.com Tel: +2(81) 928 5919

48 GPCA ANNUAL REPORT 2021


The Gulf Petrochemicals and Chemicals Association (GPCA) represents the downstream hydrocarbon industry
in the Arabian Gulf. Established in 2006, the association voices the common interests of more than 250 member
companies from the chemical and allied industries, accounting for over 95% of chemical output in the Gulf region.
The industry makes up the second largest manufacturing sector in the region, producing over USD 108 billion worth
of products a year.

The association supports the region’s petrochemical and chemical industry through advocacy, networking and thought
leadership initiatives that help member companies to connect, to share and advance knowledge, to contribute to
international dialogue, and to become prime influencers in shaping the future of the global petrochemicals industry.

Committed to providing a regional platform for stakeholders from across the industry, the GPCA manages six working
committees - Plastics, Supply Chain, Fertilizers, International Trade, Research and Innovation, and Responsible
Care - and organizes six world-class events each year. The association also publishes an annual report, regular
newsletters and reports.

For more information, please visit www.gpca.org.ae

Gulf Petrochemicals and Chemicals Association (GPCA)


P.O. Box 123055
1601, 1602
Vision Tower, Business Bay
Dubai, United Arab Emirates
T +971 4 451 0666
F +971 4 451 0777
Email: [email protected]

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