Petrochemicals Optimism at Saudi Downstream Forum
Optimism was the pervasive mood at the Saudi Arabia Downstream Forum, a discussion designed to highlight opportunities for the downstream chemicals industry in Saudi Arabia.
The session emphasized the importance of the dowstream market in Saudi Arabia and gave attendees a flavor for the experiences of German companies operating in the country. Osama Al-Zamil, CEO of Zamil Chem Plast took a positive view about the prospects for industry growth and job creation for the Saudi petrochem industry, including ethylene, urea, polyethylene, ammonia, methanol and propylene.
Saud Al-Sabhan, Marketing Manager for the Saudi Industry Property Authority, also struck an optimistic tone, encouraging companies to consider operating in the country. Jurgen Nowicki, speaker of the board for the Linde Engineering Division, Werner Strauch, General Manager for Coperion Middle East Company and Thomas Drieling, CEO of Thyssen Krupp Industrial Solutions related their experiences as German companies operating in Saudi Arabia. The panel also brought up issues still requiring resolution, such as improving the policies and procedures surrounding foreign visas to facilitate staffing.