As a prominent
founding member of the GPCA association, the National Industrialization Company
(Tasnee) sponsored and participated in the eleventh Forum organized by the Gulf Petrochemicals & Chemicals Association
(GPCA) in collaboration with the British Company, ICI, held in Dubai on 27-29
Al-Morished, Tasnee’s CEO, participated as a main speaker and discussed
corporate restructuring in Saudi Arabia from a CEO perspective, where he
outlined the restructuring process of group of companies and his vision on the
outcome of such process.
Eng. Mubarak bin
Abdullah Al-Khafrah, Tasnee’s Chairman, commented on Tasnee participation,
“Tasnee is one of the largest chemicals and petrochemicals companies globally,
it is important for us to participate in such local, regional and global
prestigious events such as GPCA.”
“During the past ten
years, Tasnee provided a new range of unique petrochemical products in the
region, including the acrylic acid, butyl acrylate products and super-absorbent
polymers and butanol, in addition to its integrated of TiO2 products
and process.” Eng. Mubarak added.
With the Saudi Arabia
2020 vision, it is expected for the production capacity of petrochemicals to
reach125 million tons of, as such, Tasnee is focused on creating an integrated
national system for the development of the petrochemicals and chemicals sectors
in the region. The 2020 vision will transform the kingdom to a massive
industrial hub and enhance the capabilities of local companies, including
Tasnee with its world-class mines and industrial complexes and research centers
in Asia, Europe, both Americas and Australia.
The GIBCA forum is
considered a leading event for the petrochemicals and chemicals industry in the
GCC region, founded in March 2006, and in 2015 the event attracted more than
two thousand participants from 52 countries, over 10 years since the founding
of the association. The event offers outstanding opportunities for networking
and building sustainable relationships between partners, producers, suppliers,
and professionals interested in this around the world.