KSA downstream producers launch industry committee

19/03/2012 12:00 - 399 Views

Saudi Arabian petrochemical producers have launched a new local organization which will look to protect their interests in the Kingdom, according to Abdullah Saleh al-Hagbani, secretary general of Saudi Committee of Petrochemical Manufacturers (SCPM).

“The main objective of the committee is to present and protect the common interests of the chemical and petrochemical producers in the Kingdom, and to support the authorities responsible for the defense against the anti dumping duties that some countries are imposing on KSA’s petrochemical products,” Al-Hagbani told Arabianoilandgas.com.

Al-Hagbani said that the admission in the committee is open only to Saudi producers. “We established the committee to support the Ministry of Petroleum to face the anti dumping duties, and to serve as a platform between decision makers of the local industry. That’s why it is open only for local Saudi producers,” he added.

The newly established committee also aims unify the demand of producers and transmit it to governmental executives, in addition to the adoption of new projects and the establishment of new research and development centres across the Kingdom.

The founding members of the Saudi Committee of Petrochemical Manufacturers include Sabic, Zamil group, Tasnee, Petrorabigh,Natpet, Chemanol, Advance Petrochemical Company, Sipchem, Alujain, Saudi investment Group, National Petrochemical, Saudi chevron .Sahra and Nama. Mohammed al-Mady, CEO of SABIC is the head of the committee.

By Abdelghani Henni

Source: arabianoilandgas.com