Friday, May 20, 2022 – 10:11 PM
DUBAI, 20th May / WAM/ During its participation in the thirteenth edition of the GPCA Supply Chain Conference, organized by the Gulf Petrochemicals and Chemicals Association, during the period from 17 to 19 May, in Dubai, DP World Group presented its integrated solutions for the petrochemical supply chain, in addition to To a wide range of logistics services that enhance the petrochemical sector, which is experiencing rapid growth in the UAE and the Gulf Cooperation Council countries.
The value of the petrochemical complex in DP World is estimated at 21.4 billion dirhams, or 60% of the total value of Dubai’s trade in this sector. The Jebel Ali Free Zone (Jafza) alone supports 4,100 customers, with 565 companies working in the petrochemical field. Jebel Ali Port is also a major hub for major global petrochemical companies, serving the growing requirements of the Indian subcontinent, Africa and the Middle East markets.
Abdullah bin Demaithan, CEO and General Manager of DP World, UAE and Jafza, said that the petrochemical sector is one of the main pillars of the national strategy for industry and advanced technology, “the 300 billion project”, which aims to raise the contribution of the industrial sector to the country’s GDP, from 133 billion dirhams to 300 billion dirhams by 2031.
He added that this sector is an important driver of the global economy, as 95% of manufactured goods depend on petrochemicals. Despite the crisis that the world witnessed during the year 2020 and the delay in economic recovery, the sector is set for significant growth in the coming decades. The industrial sector in the UAE, which focuses on exports, is witnessing major developments that will be supported by the new production capacity of polypropylene thanks to the increase in production in 2022.
He pointed out that events such as the GPCA conference provide an opportunity to attract local and international companies, which will promote the growth of Jafza and Jebel Ali Port as a preferred regional center for the petrochemical sector in the region.
With its superior handling capabilities, Jebel Ali Port supports more than 65% of the GCC’s polymer industries exports and 33% of their petrochemical exports. cubic meter of liquid material.
The integrated solutions provided by DP World UAE also include tank stations and warehouses, storage facilities for packaged lubricants, fuels and industrial chemicals, in addition to storage tanks built in accordance with the standards of the International Organization for Standardization and Metrology (ISO), as well as warehouses designated for hazardous materials.
The Jafza petrochemical complex spans an area of 3.9 million square metres, and supports several major global petrochemical companies including Dow, BASF, Total and Gulf Petrochem.
Jafza also provides integrated solutions for various aspects of the petrochemical industry, including receiving bulk imports and containerized materials, and providing a storage capacity of 235,000 cubic metres.
Integrated logistics services, in addition to the largest petrochemical trade network, supported by the capabilities of the Logistics Business Center in Jebel Ali, make Jafza a leading choice for the petrochemical industry. sector in the UAE and the region.
WAM/Mohamed Jaballah/Ahmed Al-Boutli