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Webinar: Opportunities in Saudi Arabia’s Specialty Chemical Sector
June 30 @ 10:00 am - 12:00 pm EDT
Wednesday, June 30, 2021 | 10:00AM EDT 5:00PM KSA
There is no fee to register!
Development of the downstream specialty chemical industry is a priority in Saudi Arabia. To facilitate the sector’s development, the Kingdom is making strategic investments in and with international firms to accelerate the cluster’s growth.
The chemicals sector is already a mega sector in Saudi Arabia. The focus of the chemical cluster now is to develop more downstream products in targeted value chains to fill the gaps in industries such as electronics, aircraft, automotive, agrochemicals, water and wastewater treatment, oil & gas, healthcare, packaging, construction, and pharmaceuticals. Opportunities exist for manufacturers of specialty chemicals large or small, mature or emerging technologies as well as makers of process equipment, management solutions, or other support functions for the cluster.
The specialty chemicals market in Saudi Arabia and the neighboring GCC countries was approximately $22 billion in 2020 and is expected to grow to $32 billion by 2027. Saudi Arabia accounts for 71% of this market.
The organizations providing speakers for this program are key players in the effort to accelerate development in the downstream chemical space.
National Industrial Development Center – Promoting development by identifying potential opportunities in the specialty chemical cluster and supporting investment initiatives with market information and policies and recommendations that drive innovation.
Dussur – Focusing on investments in detergents and surfactants, polymer additives, polymer processing, and CASE (Coatings, Adhesives, Sealants, and Elastomers).
SABIC – Investing equity with local and international companies to localize mature technologies and pioneer emerging technologies in the Kingdom.
Senior Vice President, U.S.-Saudi Business Council
Mohammed Al Mugaibel
Engr. Musaad Al Alsadhan
Senior Manager, Chemicals, National Industrial Development Center (NIDC)
Leader, Industrial Cluster Chemicals Opportunity Identification & Outreach, SABIC
Following the presentation, participants will have the opportunity to engage in a question-and-answer session with the presenters.
Event registration is now closed.