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Saudi Plastics and Petrochem 2014 attracts record visitors

The Saudi Plastics and Petrochem 2014 ended on Thursday, with a record turnout of 22,000 visitors from different parts of the world.
The show was the 11th international plastics and petrochem exhibition and the 11th international printing and packaging technologies, organized by the Riyadh Exhibitions Company (REC) at the Riyadh International Convention and Exhibition Center.
“The premier trade show saw at least 520 exhibitors from more than 27 countries displaying their latest products and services at the 20,000 square meters of prime exhibition space,” a spokesman for the exhibition center said.
Major local companies sponsored this year’s event included diamond sponsor Saudi Basic Industries Corporation (SABIC), diamond sponsor Tasnee, platinum sponsor Saudi Polymers and silver sponsor Saudi Printing and Packaging Company.
SABIC showcased the features and benefits of its new and innovative products as well as their applications and technical solutions toward achieving a more sustainable future. The company also organized a series of technical lectures conducted by its top technical staff and experts from the world’s best plastic products and machinery manufacturers to highlight the latest industry trends.
On the other hand, Tasnee presented its leading petrochemical and plastic products to reaffirm its position as the second largest Saudi petrochemical firm and the first local joint stock company that is fully owned by the private sector.
Held with the support of Commerce and Industry Minister Tawfiq Al-Rabiah, the show was inaugurated by Abdullah bin Ali Al-Aqeel, deputy minister for internal trade. The event featured numerous investment opportunities for those interested among the visitors.
The show gathered top industry engineers, industrialists, entrepreneurs, and businessmen to get a closer look at the latest technologies, top products and services, machinery, equipment and supplies in the petrochemical, plastics, printing and packaging industries.
It showcased a variety of raw materials, basic chemicals and compounds, plastic injection molding systems, shaping and forming applications, medical use products, and plastic pipes. The latest manufacturing and processing equipment, chemical engineering software, petrochemical plant machinery, safety, security and environment-friendly equipment, maintenance and processing systems and control and lab tools and equipment were also on display.
Saudi Print & Pack 2014 offered an overview on a wide array of offerings, including pre-press equipment, stitching machines, buffing machines, folding and cutting machines, pre-press software, digital direct printing techniques, silkscreen printing techniques, audit equipment, paper and printing supplies. In addition, filling machines, packaging machinery, consumer goods canning and packaging, design and manufacturing services, packaging equipment, paper production equipment, food packaging equipment, and packaging material were exhibited.
The show witnessed consistent growth over the past few years in parallel with the sector growth in the Kingdom and the GCC, becoming the most prominent event of its kind in the region, combining all aspects of the sector locally, regionally and internationally.
Foreign participants included companies from India, Austria, Italy, Germany. Taiwan and Korea, which exhibited in their national pavilions .
Investments into the Kingdom’s petrochemical sector have reached SR3.6 trillion, making Saudi Arabia, a primary source of material for related products such as packaging and plastics. It is further expected to become the world’s third largest exporter of petrochemical products with its market share poised to reach 10 percent by 2015.
Saudi plastics and petrochemical exports grew from less than $500 million in 1985 to $22 billion in 2011.