July 6, 2022

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Emirates News Agency - DP World showcases the capabilities of its petrochemical facilities at the GPCA Conference

Emirates News Agency – DP World showcases the capabilities of its petrochemical facilities at the GPCA Conference

  • DP World showcases the capabilities of its petrochemical facilities at a conference "GPCA"

DP World Group presented its integrated solutions in Dubai from May 17 to 19, while participating in the thirteenth edition of the GPCA Supply Chain Conference organized by the Dubai, May 20 / WAM / Gulf Petrochemicals and Chemicals Association. The petrochemical supply chain is experiencing rapid growth in the United Arab Emirates and the Gulf Cooperation Council countries, in addition to a wide range of logistics services that promote the petrochemical sector.

The petrochemical complex at DP World is valued at 21.4 billion dirhams, or 60% of Dubai’s total trade value in the sector. Jebel Ali Free Zone (Jafza) alone supports 4,100 customers, with 565 companies operating in the petrochemical sector. Jebel Ali Port is also a major hub for major global petrochemical companies that cater to the growing needs of the Indian subcontinent, Africa and the Middle East markets.

Abdullah bin Demaithan, CEO and General Manager, DP World, UAE and Jafza, said the petrochemical sector, one of the key pillars of the national strategy for industrial and advanced technology, aims to increase its contribution to the “300 billion project”. From industry to the country’s GDP, by 2031 it will be 133 billion dirhams to 300 billion dirhams.

He said the sector is the main driver of the world economy as 95% of the products produced depend on petrochemicals. Despite the global crisis and the delay in the economic recovery in 2020, the sector is set for significant growth in the coming decades. The industrial sector in the United Arab Emirates, which focuses on exports, sees major improvements supported by the new production capacity of polypropylene by increasing production by 2022.

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He pointed out that events like the GPCA conference provide an opportunity to attract local and international companies, which will promote the development of the Jaffa and Jebel Ali ports as a preferred regional hub for the petrochemical sector in the region.

With its excellent handling capabilities, Jebel Aliport supports over 65% of GCC’s polymer industries’ exports and over 33% of their petrochemical exports.

The integrated solutions provided by DP World UAE include tank stations and warehouses, storage facilities for packaged lubricants, and storage tanks built in accordance with the International Organization for Standardization and Measurement (ISO) standards for fuels and industrial chemicals. Warehouses designated for hazardous materials.

The Jafza petrochemical complex covers an area of ​​3.9 million square meters and supports several major global petrochemical companies, including Dow, BASF, Total and Gulf Petrochem.

Jaffa also offers integrated solutions for various aspects of the petrochemical industry, with a total import and container delivery capacity and a storage capacity of 235,000 cubic meters.

Integrated logistics services, in addition to being the largest petrochemical trading network, are supported by the capabilities of the Logistics Business Center in Jebel Ali, making Jaffa a leading choice for the petrochemical industry in the UAE and the region.

WAM / Mohamed Jaballah / Ahmed Al-Boutli