In recent years, the Saudi petrochemical industry with the rapid rise of resources: the steady growth of oil and gas production, petrochemical production increased rapidly, pvc film table cloth continuous improvement of product mix, strong market momentum, the international petrochemical industry is becoming the most competitive in the world.
Saudi Arabia launched well-planned industrial clusters of metal plastic petrochemical industrial chain
Diversification of raw materials and technology to make the Saudi petrochemical products from the ethylene-based to ethylene, propylene, aromatics both. pvc color film According to the International Mould & Metal & Plastic Industry Suppliers Association Secretary-General Luo Baihui know, the Saudi government for economic development, employment promotion, start a Saudi industrial cluster plans to develop automotive, metal processing, plastics, consumer products,pvc plastic film solar energy and other industries, encourage the development of petrochemical industry production of ancillary products, Elizabeth is a joint venture with Exxon Mobil supporting the production of the automotive industry special-special petrochemical products. In addition, the Saudi petrochemical industry is working hard to extend the industrial chain in the mass production of generic products on the basis, to develop more complex and differentiated products such as specialty chemicals, plastics, etc. To this end, the Saudi government is also encouraging private capital investment high value-added,pvc shower curtain precision-based, formula-based chemical products and the production of functional polymers. At the same time, the Saudi government investment and through international cooperation, from a higher starting point for the petrochemical field of research and innovation, personnel training and research cooperation.color film All in all, Saudi Arabia is committed to promoting the production and export of petrochemical products from a single, general-purpose, low cost, low value-added, high-yield (sales) volume to diversify, both general specific, globally competitive prices, high value-added, high-yield (sales) volume change.
A recent report shows that overseas production capacity in 2011 will reach 62 million tons of plastic, of which Saudi plastics production accounts for 64% of total capacity of the Gulf, about 40 million tons, the majority of production for the Saudi Basic Industries Corporation.plastic film 2012 Gulf of plastic production capacity increase to 1.11 million tons, when Saudi production capacity will reach 64 million tons.
Eastern Saudi Chamber of Commerce meeting with Secretary-General Abdulrahman International Association Secretary-General Luo Hui said die, thanks to the Saudi government respond properly and a huge strategic project implementation, the international financial crisis had little impact on the Saudi economy, Saudi Arabia trade, especially the eastern region show rapid growth, many foreign companies to invest in growth opportunities, particularly Saudi Arabia Jubail Industrial City, the rapid industrial development, by 2012 there will be many large strategic projects launched, Saudi Arabia is expected to attract foreign investment $ 58.7 billion.
Mecca, Saudi Arabia in the next four years will receive $ 2.66 billion investment, the newly formed state-owned companies, "Amin's white Ryder," will be responsible for specific matters.
Saudi Basic Industries Corporation (Sa Bike) contracting with Severus entered into an agreement, King Saud University in Riyadh Riyadh Technology Valley invested $ 128 million to build high-tech plastics research and development center to promote the application of high-tech plastic products.
The center covers an area of ??80,000 square meters, the first phase of land of about 43,000 square meters.
With a large petrochemical plant on stream Saudi Arabia, Saudi petrochemical companies in major markets to accelerate market development and sales distribution. While they use the existing international partners, sales channels, on the one hand to open up the establishment of independent sales channels. In recent months, Saudi Aramco, SABIC and other companies have announced in Beijing, China, Shanghai, Guangzhou and other places set up branch offices, logistics bases, storage base, as inroads into the Chinese market open.
International Industry Competitiveness
International Mould & Metal & Plastic Industry Suppliers Association, Luo Hui analysts believe that Saudi Arabia has a low price, stable supply of raw materials; to connect the Eurasian continent, the strategic location for European and Asian markets; complete port and logistics infrastructure and world-class large-scale petrochemical plant; political stability, preferential policies, the main partner countries with a long-term friendly relations.