Home / Knowledge / News / Textiles / Petrochemicals deter growth of textiles in Saudi Arabia
Petrochemicals deter growth of textiles in Saudi Arabia
Feb '13
The Kingdom of Saudi Arabia has a huge petrochemical industry, but it has not translated into growth of downstream textile industry in the country.
By 2015, the overall output of Saudi petrochemical industry is likely to cross 80 million tons, Ali Al-Naimi, Minister of Petroleum and Mineral Resources, had said recently during the Gulf Petrochemicals and Chemicals Association Forum in Dubai.
However, the growth of downstream industries like textiles is still at its nascent stage in Saudi Arabia.
The high prices of raw materials and higher cost of human resources are the main factors that hinder the growth of the downstream textile industry, according to experts.
The high cost of raw materials is attributed to lack of competition, as Saudi Basic Industries Corp (SABIC) is the only company that determines the prices of all petrochemical products in the country.
Similarly, the high cost of labour is attributed to Saudization programmes launched by the Ministry of Labour. 
However, downstream industries such as the textile industry can be developed if the Government establishes companies and small and medium enterprises (SMEs) for the purpose, Fadhul Albuainain, an economist told Arab News.
According to him, raising the domestic production of downstream industries will result in creation of new employment opportunities.
It would also reduce the Kingdom’s dependence on export of crude oil and petrochemical products, he adds.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search