The Saudi Plastic and Petrochemical Exhibition concluded its successful edition this year with the participation of leading government figures, decision-makers, regional and international experts and pioneers from the kingdom and around the globe.

The exhibitors showcased new innovative platforms, products and services related to the plastics and petrochemical industries, said a statement from the organisers.

The event, organised by Riyadh Exhibitions Company, was held under the patronage of Prince Mishaal Bin Majid bin Abdulaziz Al Saud, Governor of Jeddah, with support of public and private sector entities as a direct gateway to the investment opportunities in the Saudi market to coincide with national efforts to increase the output of petrochemical industries to $453.3 billion by 2030.

The 16th edition of the expo was sponsored by Sabic as Diamond Sponsor, and received critical acclaim from both regional and international exhibitors who have made significant deals and partnerships with Saudi companies in support of plans to develop high-value industrial products and activate the contribution of the plastic and petrochemical sector in driving the growth and diversification of the economy in line with the goals of the National Transformation Program 2020 and Saudi Vision 2030.

The event coincided with the 16th edition of the Saudi Printing & Packaging Exhibition, which attracted a wide range of national companies to learn about the latest technologies, services and products related to packaging and printing.

It also received acclaim from international pioneers for showcasing the many opportunities available in the kingdom and demonstrating the country as a promising market for printing technologies and innovations of packaging.

Mohammad Al Al-Sheikh, head of marketing, Riyadh Exhibition Company, said: “The strong momentum achieved by the successful 16th edition of the event reflects the leading level of the exhibition as a strategic platform for fruitful partnerships between Saudi and regional and international pioneers.”

“Such a platform paves the way for huge investment opportunities within the Saudi market under the incentives, facilities and government support provided to activate the contribution of vital industries to diversify income sources in the Kingdom by 2030,” he said.

Al-Sheikh continued: “We are delighted to have welcomed a huge number of visitors to the exhibition. This reflects the growing interest in investment prospects within the plastics, petrochemical, printing and packaging sectors within the Saudi Arabia.”

“The exhibitions provided an ideal opportunity to learn about the latest technologies, equipment and solutions offered by the world’s leading manufacturers, as well as explore the latest innovations and trends in environmentally friendly solutions that will add significant importance to the Saudi petrochemical sector’s growth – which is growing at an annual rate of 7 per cent, thus enhancing its role as a vital resource of the tributaries of the national economy,” he said.

“The Sabic workshops, which ran throughout the exhibition, were one of the most attractive events that gave the attendees an overview of the most important and latest solutions related to these vital sectors that provide an integrated manufacturing base,” he added.

“We look forward to organising the next edition of the Saudi Plastic and Petrochemical Industries Exhibition from January 13 to 16 2020, at the Riyadh International Convention & Exhibition Center – a continuation of our achievements in providing the Saudi market with the finest events and exhibitions to explore the future of pivotal sectors that strengthen the Kingdom’s leadership position as an influential force on the global economic map,” Al-Sheikh concluded.