GPCA ’21: GPCA 2022 to be held in Riyadh
DUBAI (ICIS)–The 16th annual forum of the Gulf Petrochemicals and Chemicals Association (GPCA) will be held in Riyadh, Saudi Arabia, on 6-8 December 2022, the organisation said on Wednesday.
GPCA’s annual forum is the main networking event of the petrochemicals industry in the Gulf Cooperation Council (GCC) region.
In its 14th edition in 2019, the event gathered just over 2,000 registered delegates; many more attend on the sidelines to network, analyse the industry, and close business deals.
GPCA is yet to disclose the number of registered delegates in the 2021 edition, the first since the pandemic hit.
The 2020 forum was cancelled due to travel restrictions around the world.
SAUDI OPENING UP
Dubai has in several occasions been the location for the GPCA annual forum.
However, the Saudi Prince Heir Mohammad Bin Salman’s willingness to diversify his country’s economy away from crude oil and into more downstream industries has meant the country is gradually opening up to global investors.
Holding GPCA in Riyadh would fall into those plans.
SABIC, the country’s petrochemicals major, is a key player within GPCA.
Earlier on Wednesday, SABIC’s CEO delivered the forum’s opening remarks.
Saudi Arabia remains, however, a monarchy where control is tightly held by the Royal Family.