12 September 2012 10:57 [Source: ICB]
Following two successful previous events, GPCA will present the 3rd Annual GPCA Fertilizer Convention in Dubai on 17-19 September. The event is likely to attract a global audience of more than 300 senior fertilizer executives from the production, consumer, trading and technology sectors.
His Excellency Dr Rashid Ahmed Bin Fahad, the United Arab Emirates' (UAE) Minister of Environment and Water
His Excellency Dr Rashid Ahmed Bin Fahad, the United Arab Emirates' (UAE) Minister of Environment and Water, will join the 3rd Annual GPCA Fertilizer Convention as guest of honour and keynote speaker and will open the conference with a look at the UAE's progress towards environmental sustainability. A long-time proponent of sustainability, the minister recently formed a National Committee on Environmental Coordination to promote environmental policies in the UAE.
In this time of significant expansion and uncertainty in the Gulf Cooperation Council (GCC) fertilizer industry, the convention will examine how sustainable development can lead to value creation in the industry, with a special focus on market demands in the Arabian Gulf, Africa, Iraq, China, Brazil, India and Iran.
Major industry organizations taking part include the International Fertilizer Industry Association (IFA), Ma'aden, Unilever, SABIC, GPIC, CNCIC, EtherChem (Beijing), Alliance for a Green Revolution in Africa (AGRA), Stamicarbon, Iraq Geological Survey and Nalco. Analysts from CRU, the event's co-organizer, will also present in-depth market insights.
According to GPCA, by 2016 total production of fertilizer products in the GCC region will reach nearly 32m tonnes, compared with 21m tonnes produced in 2011, showing healthy growth of 7.5%/year for the industry. Also, the GCC region is expected to account for 36% of global urea exports and 24% of world trade in phosphate fertilizers by 2016.
But the global economic downturn and political uncertainty in both the Arab world and Europe present significant near-term challenges to growth.
The convention will address these and other critical industry questions, including the role of the GCC fertilizer industry in meeting rapidly growing world food demand. The Food and Agriculture Organization says food production will need to increase by 70% by 2050 to feed an extra 2.3bn people.
This year's event will begin with an afternoon of interactive technical sessions on 17 September at the InterContinental, Dubai Festival City.
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