Sipchem displays chemical, polymer prowess at GPCA Forum

One of the leading companies in the petrochemical sector, Sipchem, in addition to highlighting its capabilities, served as a sponsor at the three-day event, which took place from December 7 to 9 at Madinat Jumeirah in Dubai, UAE.

 

Over the last decade, the Annual GPCA Forum has served as a vital platform for the chemical industry, bringing together business leaders to address key challenges, recommend effective solutions and share knowledge and experience. Held under the theme “Redefine. Reshape. Reinvent: The Chemical Industry in a Post-pandemic Reality,” this year’s event welcomed industry experts from across the globe to lay the foundation for collaborative, sustainable, and successful recovery in the wake of the Covid-19 pandemic.

 

The Sipchem delegation was led by CEO Eng Abdullah S Al-Saadoon together with other senior executives. Commenting, Al-Saadoon said: “We are proud to support the Annual GPCA Forum, which is one of the most important gatherings for the region’s petrochemical industry and plays a vital role in shaping the future of our sector. It has been very encouraging to reconnect with our industry peers and discuss the latest developments as we seek to leave behind the challenges created by the global pandemic.”

 

“Sipchem achieved remarkable financial results in the past three quarters. During the third quarter, we reported a leap in net profits to SR1.02 billion ($270 million) from SR10 million in Q3 2020. We have established a strong position that will enable the company to emerge from the pandemic period with renewed confidence. Participating in distinguished events such as the Annual GPCA Forum helps us to build on this momentum and we are looking forward to further growth and success in the new year ahead,” Eng Al-Saadoon added.