GPCA Annual Report 2021
GPCA Annual Report 2021
2021
CHARTING NEW HORIZONS
www.gpca.org.ae
CONTENTS
Chairman’s foreword 4
About GPCA 8
Board of Directors 9
Membership 10
» Networking 17
» Thought leadership 27
» Advocacy 31
Communications 38
Looking forward 39
Members directory 41
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.
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).
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.
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.
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:
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
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.
Fertilizer Committee
Muna Al Mehairi
CEO, Fertil,
UAE
6%
8%
15%
71%
14%
34%
17%
2%
33%
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.
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.
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
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’.
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?’
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
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.
7 July 2021
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 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
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
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
Source: Reusable Packaging Forum, Chicago (2015) *Figures refer to plastic pallet and container loss within the U.S.
1
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.
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
Together
we can move
Mountains
Dr. Abdulwahab Al-Sadoun
Secretary General
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
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
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.