PHOTO
Khobar, Saudi Arabia - Sahara International Petrochemical Company (Sipchem), an integrated global leader in the petrochemical sector and a company listed on the Saudi Stock Exchange, was among the key participants and exhibitors during the K 19, “The World’s No. 1 Trade Fair for Plastics and Rubber”, held in Düsseldorf, Germany from 16 to 23 October, 2019.
The triennial fair brings together over 3000 global thought leaders, exhibitors and industry experts, under themes such as “Plastics for Sustainable Development” and “Circular Economy”. In attendance were, CEO of Sipchem - Eng. Saleh Bahamdan - and Rashid S. Al-Ghurair, Sipchem Board Member, among other Sipchem management who opened the company’s stand.
Commenting on the fair, Eng. Saleh Bahamdan said: “Sipchem has built up a diversified product portfolio and value chain presence in attractive and fast-growing markets, such as diversified segments. Moreover, our aim is to bolster Saudi Arabia’s profile to international investors by being one of the largest companies in the petrochemical sector. This investment will allow Sipchem, with the blessing of Allah Almighty, to further increase production, and support the ongoing industrial development outlined in the comprehensive development plans being implemented by the Kingdom.”
Sipchem exhibited several of the company’s main products such as ethyl, and butyl acetates - which are used as fruit flavoring in foods - produced by Sipchem Chemicals Company, an affiliate of Sipchem.
Sipchem’s participation in the K 19 fair is in line with Saudi Arabia’s Vision 2030 to build national champions with strong local and international reach in the petrochemical industry.
The showcasing of a wide range of products from basic chemicals and polymers to specialty chemicals, is a leverage of its local and global partnerships to deliver greater shareholder value.
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
