Strong converting sector the base for healthy exports – consultant

03 April 2012 16:07  [Source: ICIS news]

DUBAI (ICIS)--A strong converting industry in the Gulf Cooperation Council (GCC) region is necessary to provide healthy fundamentals for the growing export market, a consultant said on Tuesday.

A robust GCC converting industry would be made up of converters with skills, training and experience, said HIPRO Consulting president George A Hanna during a presentation at the 3rd annual Gulf Petrochemicals and Chemicals Association (GPCA) Plastics Summit in Dubai.

There should also be government and industry support to address training issues, as well as to provide technological support to innovations, he added.

The local market will become oversupplied if producers gear their output to the domestic market and significant investment will be required for the converting industry to export, he said

“Drivers for a stable and strong converting industry include a good infrastructure system. Logistics and facilities are also fundamental elements,” said Hanna.

He added that local investors should consider investing to attract skilled staff and provide education and training for local workers. 

By: Yu Guo
+65 6780 4359

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