Tuesday 4 August 2020
 
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RCJY, CWC to host global petchem talk

RIYADH, 22 days ago

The Royal Commission of Jubail and Yanbu, in collaboration with CWC (a brand of Global Future Energy) is launching a global dialogue on the future of the petrochemical sector and its recovery following the Covid-19 pandemic. 
 
The Global Petrochemical Digital Webinar: Looking at the Industry's Future is taking place on July 15, sponsored by Sadara.  
 
The petrochemical sector has been affected by the global pandemic. However, the future for petrochemicals is looking undoubtedly bright in the current time, flourishing with new deals and consolidations which show the potential for future growth, said a statement.
 
The International Energy Agency (IEA) forecasts that the sector will account for half the growth in oil demand from 2019 to 2025. The sector has also seen the successful acquisition from SABIC by Saudi Aramco as well as new deals in Europe and projects with countries such as India. These trends point towards a diversification of the petrochemical market, proving the resilience of the industry.
 
Saudi Arabia has been and will continue to be at the forefront of the global petrochemical sector, leading the economic recovery and providing opportunities for job creation and diversification.
 
The webinar event will facilitate the global virtual meeting between the petrochemical industry and the digital sector to find ways to discuss the impact and recovery from Covid-19, and identify global business opportunities in the sector.
 
Speakers and moderators from key companies have confirmed their participation, including: Dr Ahmed Z Al-Hussain, General Manager of Investment Development Sector, Royal Commission of Jubail and Yanbu, Saudi Arabia; Hameed Sidiqqui, President, Prescient Energy Consulting, US; Kwaku Boateng, Director Local Content, Ghana Petroleum Commission, Ghana; Robin Balmer, Partner, Dubai & Riyadh Norton Rose Fullbright, UAE & Saudi Arabia; Basema Al- Mahroos, Director, Portfolio Management, Apicorp Saudi Arabia; Eng Abdullah Yassin Al-Eid, Director, Business Development Department, Royal Commission of Jubail and Yanbu, Saudi Arabia; Stephen Morris, Royal Commission of Jubail and Yanbu, Saudi Arabia; and Tiago Marques, Vice President Production, CWC – GFE.
 
The webinar will include two 60-minute sessions of panel discussions with the key speakers followed by 15-minute live questions and answers session where participants will be able to ask the most poignant questions to the expert panellists.
 
Stakeholders interested in the Petrochemical industry and seeking future opportunities within this sector can register for the webinar at:  https://www.thecwcgroup.com/petrochemical-digital-webinar/  - TradeArabia News Service



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