openPR Logo
Press release

Jubail Industrial City: Saudi Downstream 2012 Forum Discusses Diversifying Sources of Income in Process Industries

02-08-2012 06:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The CWC Group

Under the patronage of the Custodian of the Two Holy Mosques, King Abdullah Bin Abdulaziz Al Saud, Saudi Downstream Strategic Forum & Exhibition will take place in Jubail Industrial City, Saudi Arabia on 6-7 March 2012, and is organised by the Royal Commission for Jubail and Yanbu, in cooperation with CWC Group.

Industrialists hope that the forum will provide a new concept and method for dealing with basic industrial output and its applications for process industries, thereby boosting the diversity of sources of income and economic integration in Saudi Arabia. They also emphasise the importance of those concerned and working in various related industrial sectors taking part in the forum's activities as it will provide an important forum for discussion on the future of process industries.

Majid Al-Ahmadi, CEO of the Project Management and Development Company in Jubail Industrial City, stated that the Forum is vital for the Kingdom due to the growing global focus on process industries. Saudi Arabia is set to drive the development of these industries in Kingdom and build on successes in the basic petrochemical industries.

Mozid Al-Khalidi, chairman of Ibn Sina, part of SABIC, and head of the Saudi Engineers Council, Jubail Industrial City Branch, said that the “current situation of process industries is unambitious and a comprehensive review of strategic plans is needed to ensure full-scale performance and to ensure that effective mechanisms are set up for implementation. This would ensure that close monitoring could continue of the levels of progress in implementing strategic plans and would make reports and results available to the community so that the necessary evaluations and adjustments can be made.”

Al-Khalidi said, “We must not forget to benefit from the expertise of industrially advanced nations like China and Malaysia, who have succeeded in setting up their process industries, including setting up specialist centres for different industries to guide investments and assist investors in choosing the appropriate technology and speciality, and assisting them technically, administratively and technologically in setting up and operating factories as well as subsequently reviewing performance and working to ensure the relationship lasts and is successful”. He also emphasised the need to “employ and train the national qualified workforce to serve industry and benefit from the available opportunities.”

Similarly, Mutlaq Al-Qahtani, head of the Businessmen’s Committee in Al-Jubail said that the “Saudi process industries forum is considered a meeting place for investors looking for opportunities in the petrochemicals and minerals sectors in Saudi Arabia.” He expects this forum to provide an opportunity to draw up a clear plan for the future of process industries and to provide a space for ideas and projects for the future of process industries in Saudi Arabia to be marketed.

Al-Qahtani stressed the importance of the forum focusing on the Al-Jubail 2 and Ras Al-Khair projects as well as the opportunities available in them for process industries, given the pressing need for industrial diversity to strengthen economic integration between sectors in the state.

Abdulaziz Atarji, general director of strategic planning and investment development at the Royal Commission in Jubail Industrial City, general supervisor of the forum, stated that the Royal Commission was seeking, through the forum, which is in current preparation, to set up its main strategic plan for process industries. This will be related to the need to benefit from the raw material basic industries in Saudi Arabia export abroad and to use them locally, in addition to looking at the obstacles and finding alternative solutions to promote process industries.

The Royal Commission, established in 1975 by a Royal Decree, is the governing body responsible for the development and investment generation in core industrial sectors within Yanbu Industrial City, Jubail Industrial City and Ras Al Khair Industrial City.

These responsibilities include the provision of land, utilities, education, health care, social policy and infrastructure supporting both industrial and social integration and development. The overall development of Jubail and Yanbu as world-class industrial cities in petrochemical and energy-intensive industries accomplished with an investment of over $20 billion, has witnessed the creation of over 200 industries that have invested over $42 billion, providing employment for over 85,000 workers. The 157,000 residents of the two cities enjoy world class amenities and security.

The CWC Group is an award-winning company which specialises in energy and infrastructure, developing knowledge, creating commercial opportunities and strategic solutions for government and industry by offering professional training, conferences and exhibitions.
For the second time, The CWC Group has been awarded the Queens Award for Enterprise: International Trade; the first time in 2007 and the second in 2011. This is made on the advice of the Prime Minister and awarded by HM The Queen.

Contact information:
Esha Sofat
Marketing Manager
CWC Group Ltd, Regent House, 16-18 Lombard Road, London, SW11 3RB, United Kingdom

Tel: +44 20 7978 0020
Email: esofat@thecwcgroup.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Jubail Industrial City: Saudi Downstream 2012 Forum Discusses Diversifying Sources of Income in Process Industries here

News-ID: 210023 • Views: 1165

More Releases from The CWC Group

Cartagena to play host to Colombia’s oil & gas decision makers
CWC Group’s Colombia Oil & Gas Summit in Cartagena, 2-4 April 2014 (officially endorsed by the Colombian Ministry of Mines & Energy, ANH (Agencia Nacional de Hidrocarburos) and DIMAR (Dirección General Marítima)) will host Colombia’s oil and gas decision makers to discuss the country’s developing hydrocarbon sector, investment opportunities for international investors and upcoming projects. Exclusive announcements will be made by Ministers and senior representatives from national and international oil
3rd Annual World Shale Awards Shortlist Announced
The shortlist for the 3rd Annual World Shale Awards 2013, taking place in Houston, was announced today featuring entries from across the shale oil and gas supply chain. Categories for 2013 include the International Pioneer Award recognising the company which has made the most significant progress in Shale gas or oil outside of North America; the Technological Innovator Award recognizing the technological breakthrough of the year in Shale E&P; the Community
Governments and industry leaders meet in Houston at the World Shale Oil & Gas Su …
During the week of November 4 – 8, 2013, Houston will host senior government representatives and industry decision makers from across the globe at the 4th annual World Shale Oil & Gas Summit and Exhibition. With more than 50 guest speakers from countries including China, South Africa, Australia, the UK, Brazil, India, Turkey as well as the United States, discussions will focus on the latest developments in
Leaders from the Oil & Gas Industry set to participate in the Great Local Conten …
On 28th October, an international delegation of NOCs, Governments and key representatives from the global Oil & Gas community will gather in London to debate the key issues and solutions in implementing Local Content Strategies. Held under the Chatham House Rule, the 2013 NOCs & Government Summit will feature the much anticipated Great Local Content Debate. Led by Simbi Wabote, Contracting and Procurement Global Local Content Manager, Shell, the Great

All 5 Releases


More Releases for Saud

Platelet and Plasma Market : Study on Key Players | America’s Blood Centers, A …
Platelet and Plasma Market size is set to exceed USD 6.5 billion by 2024; according to a new research report by Global Market Insights.Growing number of blood transfusions globally is another impact rendering factor for the growth of platelets and plasma market. According to European commission’s 2017 annual report, more than 25 million units of blood and blood components were being issued for the purpose of transfusion in Europe. Blood
Ceramic Tiles Market 2025 | Top key Players : GranitiFiandre S.p.A., Grupo Fragn …
Market Research Report Search Engine (MRRSE) analyzes the global ceramic tiles market in a new publication titled “Ceramic Tiles Market: Global Industry Analysis (2012 – 2016) and Forecast 2017-2025”. This study provides historical data from 2012–2016 along with the forecast for the period 2017–2025. The main objective of the report is to identify dynamics in the market and provide recent updates and insights affecting various segments of the global ceramic tiles market.
Qatar is considering the topic of Virtual Currencies: HE Sheikh Abdullah Bin Sau …
In a bid to meet the demands of new age customers, banks are taking the path of transformation, innovation and strategies. This leaves a lot of work to be done. Be it customer experience on digital platforms or the turnaround time to service any kind of request, banks have to ensure that the evolution of their services, products and processes is consistent to help them stay ahead of the curve. Qatar
The Royal Commission for Jubail and Yanbu will organize the 2nd Saudi Downstream …
Under the Royal Patronage of the Custodian of the Two Holy Mosques King Abdullah Bin Abdulaziz Al Saud, the Royal Commission for Jubail and Yanbu will open the 2nd Saudi Downstream Forum and Exhibition on March 6 and 7, 2012 in Jubail Industrial City. Furthermore, H.E. Ali Ibrahim Al-Naimi, Minister of Petroleum & Mineral Resources will be the keynote speaker for Saudi Downstream 2012. The event will bring together major
Saudi Downstream 2012 Welcomes it’s New Sponsors
CWC and The Royal Commission for Jubail Welcomes their new sponsors for 2012: Zamil ChemPlast; Advanced Petrochemical Compnay; and KBR. The Strategic Forum & Exhibition will be held under the Royal Patronage of the Custodian of the Two Holy Mosques King Abdullah Bin Abdulaziz Al Saud. The 2nd Saudi Downstream Forum & Exhibition will take place 5-7 March 2012 in Jubail, Saudi Arabia and will bring together the key stakeholders
Sheikh Abdullah Zainal Alireza, Minister of Commerce & Industry
Sheikh Abdullah Zainal Alireza, Minister of Commerce & Industry is confirmed to give a Keynote Address at Saudi Innovation, Diversification & Investment (SIDI) Forum & Exhibition 2012. Taking place at the Al Faisaliah Hotel, Riyadh, Saudi Arabia on 25-28 March 2012. The event will focus on ‘industry led job creation’, the role of the private sector and the incentives and opportunities being implemented by the Government and stakeholders. "The time has