28 November 2012
Riyadh - Prince Turki bin Mohammed bin Nasser bin Abdulaziz, International Relations Manager of the Ministry of Commerce and Industry has affirmed that the Ministry is committed to supporting every effort to stimulate the Saudi economic structure and provide the new generation (of Saudis) secure and rewarding careers in the rubber technology industry.
In his keynote speech titled, “New Industry Opportunities in Saudi Arabia,†Prince Turki highlighted the competitive advantages that local convertors enjoy as against external competitors.
His speech was delivered recently at SABIC headquarters in Riyadh at a symposium hosted by The Saudi Basic Industries Corporation (SABIC) and its joint venture partner ExxonMobil, that focused on promoting rubber industry's downstream development.
Industry experts from around the world delivered topics ranging from technical applications to investment opportunities in a downstream rubber market in Saudi Arabia. The goal was to deliver all the applicable information needed to generate interest in developing this market, according to a latest press release of SABIC.
The event was largely attended by government representatives, current rubber converters as well as related industry players who are seeking ways to diversify their business, besides prospective entrepreneurs looking to enter this market.
For his part, Mohamed Al-Mady, SABIC Vice Chairman and CEO, highlighted the company’s commitment to industrial development in Saudi Arabia.
“Creating an efficient and competitive value chain for synthetic rubber is our focus in this initiative. The institution of a strong rubber goods industry in Saudi Arabia will be the single most significant hallmark of success in this endeavor. It is crucial that we inspire the entrepreneurial spirit that will spark innovation in the Kingdom and propel its economy forward,†he said.
Riyadh - Prince Turki bin Mohammed bin Nasser bin Abdulaziz, International Relations Manager of the Ministry of Commerce and Industry has affirmed that the Ministry is committed to supporting every effort to stimulate the Saudi economic structure and provide the new generation (of Saudis) secure and rewarding careers in the rubber technology industry.
In his keynote speech titled, “New Industry Opportunities in Saudi Arabia,†Prince Turki highlighted the competitive advantages that local convertors enjoy as against external competitors.
His speech was delivered recently at SABIC headquarters in Riyadh at a symposium hosted by The Saudi Basic Industries Corporation (SABIC) and its joint venture partner ExxonMobil, that focused on promoting rubber industry's downstream development.
Industry experts from around the world delivered topics ranging from technical applications to investment opportunities in a downstream rubber market in Saudi Arabia. The goal was to deliver all the applicable information needed to generate interest in developing this market, according to a latest press release of SABIC.
The event was largely attended by government representatives, current rubber converters as well as related industry players who are seeking ways to diversify their business, besides prospective entrepreneurs looking to enter this market.
For his part, Mohamed Al-Mady, SABIC Vice Chairman and CEO, highlighted the company’s commitment to industrial development in Saudi Arabia.
“Creating an efficient and competitive value chain for synthetic rubber is our focus in this initiative. The institution of a strong rubber goods industry in Saudi Arabia will be the single most significant hallmark of success in this endeavor. It is crucial that we inspire the entrepreneurial spirit that will spark innovation in the Kingdom and propel its economy forward,†he said.
© Saudi Press Agency 2012
