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Chemical industry must prepare for Supply Chain 4.0, say speakers at 11th GPCA Supply Chain Conference.

The conference is underway this week from 15-17 April at the InterContinental Festival City Hotel, Dubai, UAE

Dubai, United Arab Emirates, 16April 2019–The chemical industry in the Arabian Gulf must ensure its readiness to face the growing rate of supply chain digitalization which will lead to continuous disruptions and createnew challenges and opportunities for regional producers to adapt to and respond to a new market reality, said speakers at the 11th edition of the Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain Conference held this week from 15-17 April 2019 at the InterContinental Festival City Hotel, Dubai, UAE.


The chemical supply chain is transforming rapidly as global challenges add pressure on chemical players to improve their efficiency and end-to-end supply chain. Against this backdrop, a new set of technological advancements, known as 'Supply Chain 4.0’, is influencing how organizations oversee their logistics, procure materials, and generate value. The move towardsgreaterdigitalization is transforming chemical supply chains, creating new opportunities tomake them more agile, resilient, faster and efficient.


In line with the event’s theme ‘Getting Ready for the Future: Supply Chain 4.0’, speakers discussed the key enablers for a successful chemical supply chain transformation ranging from collaboration, technology, digital procurement, value-based sales and operations planning, building local content and more. The conference began with an opening address byAhmed Al-Shamsi, SVP, Regional MEAE, Borouge, and Chairman, GPCA Supply Chain Committee, and continued with a keynote address byFayez Al Malki, VP, Global Supply Chain, SABIC. Al Malki called on the chemical industry in the Arabian Gulf region and globally to respond to and address the new generation ofdisruptive technologies, such as Artificial Intelligence (AI), Advanced Analytics, Internet of Things (IoT), Robotics, Process Automation and the Digital Supply Chain Twins, which will continue to disrupt existing supply chain operating models now and into the future, he said.


In line with the regional aspirations to position the Arabian Gulf region among the top logistics hubs globally, future GCC governments visions and long-term initiatives have been launched with the objective to transform the supply chain landscape in the GCC. Inhis keynote presentation on day two, Abdulaziz Mohammed Almohawes, Head, Authorized Economic Operator, Saudi Customs,highlighted the importance of the Saudi Authorized Economic Operator Program,a new trade facilitation initiative offering faster and simpler import and export processing in the Kingdom. For his part, Eng. Ali A. Al-Omeir, Business Development Director, MODON, discussed the programs and initiatives by the Saudi Authority for Industrial Cities and Technology Zones to utilize smart technology and attract new investments in the country.


Dr. Abdulwahab Al-Sadoun, Secretary General, GPCA, commented, “Supply Chain 4.0 is not a mere buzzword, it is a necessity and a reality that is right here, at our doorstep. No industry is better placed than the chemical industry in the Arabian Gulf to respond to the immense opportunity created by this rapidly evolving trend. To build more responsive and intelligent supply chains, the industry must leverage the latest technology innovations. It must embrace the new generation of digital procurement which supports better decision-making and improved performance.”


“A concerted focus on end to end visibility will also be needed to manage product and data flows across global supply chains. The chemical industry must develop new service offerings to create greater value for its customers and source goods and services from within the region to boost local content and support the growth of SMEs. Ultimately, chemical players should enact a cultural shift from being efficiency focused to becoming more value driven,” he concluded.


In line with its commitment to building local human capital in the Arabian Gulf region, on 15 April 2019 GPCA hosted the 11th edition of its Leaders of Tomorrow program on the sidelines of the Supply Chain Conference. Students from universities across the GCC attended a special seminar comprised of expert presentations by senior industry leaders fromCity Cement Company, Borouge and TASNEE, as well as an interactive session designed to build real-life knowledge and experience for the young participants and their peers.

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About the Gulf Petrochemicals & Chemicals Association

The Gulf Petrochemicals and Chemicals Association (GPCA) was established in 2006 to represent the downstream hydrocarbon industry in the Arabian Gulf. Today, the association voices the common interests of more than 250 member companies from the chemical and allied industries, accounting for over 95 percent of chemical output in the GCC. The industry makes up the second largest manufacturing sector in the region, producing over US$108 billion worth of products every year.


GPCA supports the petrochemical and chemical industry in the Arabian Gulf through advocacy, networking and thought leadership initiatives aimed at helping member companies to connect, share and advance knowledge, contribute to international dialogue, and become prime influencers in shaping the future of the global petrochemicals industry.


Committed to providing a regional platform for stakeholders from around the world, 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 various other industry reports.


For more information, visit www.gpca.org.ae.

Contact:
Slavka Atanasova
Gulf Petrochemicals and Chemicals Association
P. O. Box 123055,
Dubai,
United Arab Emirates                                                                     
T: + 44 7561 525126
E: [email protected]

GPCA PlastiCon and R&I Summit to take place in Bahrain this March:

GPCA conferences will be held under the patronage of His Excellency Shaikh Mohammed bin Khalifa bin Ahmed Al Khalifa, Minister of Oil, Bahrain.


Dubai, United Arab Emirates, 20 January 2019 – The Gulf Petrochemicals and Chemicals Association (GPCA) is proud to announce that the 10th edition of PlastiCon and the 6th edition of GPCA Research and Innovation (R&I) Summit will be held under the patronage of His Excellency Shaikh Mohammed bin Khalifa bin Ahmed Al Khalifa, Minister of Oil, Bahrain, at ART Rotana, Amwaj Islands, Bahrain from 11-12 March and 13-14 March respectively.


The week-long activities will kick off with PlastiCon which will address the theme of ‘Innovative Plastic Designs: Sustainability for Future Generations.’ In light of new research, experts estimate that integrating recycled plastics into the chemical value chain could create a profit pool of USD 55 billion a year worldwide by 2030. To address this trend, PlastiCon will discuss the circular economy in plastics in the GCC and globally and provide an update on the recycling landscape in the region.


The opening address will be presented by Ahmed Omar Abdulla, CEO, Borouge, and Chairman, GPCA Plastics Committee, while the keynote address will be delivered by Dr. Maurits van Tol, SVP, Innovation and Technology, Borealis. Other distinguished speakers include Dave Andrew, VP, Sustainability, ExxonMobil; Lorraine Francourt, EHS Director, Chemicals Management and Circular Economy, Dow Chemicals, and Dr. Waleed Ahmad Al-Shalfan, GM, Technology Petrochemicals SBU, SABIC, who will deliver day two’s opening address.


The changing nature of research and innovation in the digital age will be the focus of the 6th GPCA R&I Summit, which will begin with an opening address by Dr. Moayyed Al-Qurtas, Chairman, GPCA Research and Innovation Committee, and continue with a keynote address by Abdulaziz Al-Judaimi, SVP Downstream, Saudi Aramco. As part of the panel session, Al-Judaimi will be joined by Uwaidh Khalaf Al-Harethi, EVP, Corporate Innovation and Business Development, SABIC, to discuss the oil-to-chemicals (COTC) breakthrough technology.

The keynote presentation on day two will be delivered by Dr. Thorsten Loehl, VP, Innovation, Borouge, who will be followed by Dr. Maurits van Tol, SVP, Innovation and Technology, Borealis.


Dr. Abdulwahab Al-Sadoun, Secretary General, GPCA, commented, “The crude oil-to-chemicals (COTC) technology has the potential to reshape the global petrochemical industry and fundamentally change the dynamics of global competition in the years to come. At the same time, by 2030 digitalization is expected to increase annual margin potential in the global chemical industry by more than USD 1.8 trillion. These and other cutting-edge developments will be discussed during the R&I Summit, while PlastiCon will assess the role of sustainability in the global plastics industry, as well as the future of plastics packaging and design.”


He added, “We are proud to be hosting both conferences under the patronage of H.E. Shaikh Mohammed bin Khalifa bin Ahmed Al Khalifa, 

Minister of Oil, Bahrain, and I look forward to welcoming you to these important industry gatherings in Bahrain this March.”


The 6th GPCA R&I Summit will see the launch of the Innovation Competition, GPCA’s latest initiative, aimed at promoting innovation among university students in the Arabian Gulf region, and bridging the gap between industry and academia in the field of chemistry. On 12 March, GPCA will host an exclusive student seminar as part of its Leaders of Tomorrow program in Dhahran, Saudi Arabia, dedicated to building local human capital in the GCC region.


For more information on PlastiCon and the R&I Summit please visit www.gpcaplastics.com and www.gpcaresearch.com.


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About the Gulf Petrochemicals & Chemicals Association

The Gulf Petrochemicals and Chemicals Association (GPCA) was established in 2006 to represent the downstream hydrocarbon industry in the Arabian Gulf. Today, the association voices the common interests of more than 250 member companies from the chemical and allied industries, accounting for over 95 percent of chemical output in the GCC. The industry makes up the second largest manufacturing sector in the region, producing over US$108 billion worth of products every year.


GPCA supports the petrochemical and chemical industry in the Arabian Gulf through advocacy, networking and thought leadership initiatives aimed at helping member companies to connect, share and advance knowledge, contribute to international dialogue, and become prime influencers in shaping the future of the global petrochemicals industry.


Committed to providing a regional platform for stakeholders from around the world, 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 various other industry reports.


For more information, visit www.gpca.org.ae.

Contact:
Slavka Atanasova
Gulf Petrochemicals and Chemicals Association
P. O. Box 123055,
Dubai,
United Arab Emirates
T: + 44 7561 525126 begin_of_the_skype_highlighting
E: [email protected]


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