Home / Knowledge / News / Textiles / GCC petrochemical producers reduce energy use by 8%
GCC petrochemical producers reduce energy use by 8%
31
Oct '14
“Gulf Cooperation Council (GCC) chemical and petrochemical producers have reduced energy consumption per ton by 8% over the last two years through technical renovations,” says a sustainability report.

According to the Gulf Petrochemicals and Chemicals Association’s (GPCA) inaugural Sustainability Report, petrochemical producers in the Arabian Gulf have made great strides in improving their sustainability performance.

“For example, GCC petrochemical producers have reduced energy consumption per ton by 8% over the last two years through technical renovations,” delegates at the Second Gulf Petrochemicals and Chemicals Association's (GPCA) Sustainability Conference in Dubai, were informed.

Delegates at the GPCA conference heard concerns raised by speakers that, contributing to the global sustainability agenda will be crucial for survival, with a growing world population demanding more resources than the earth can generate.

In her keynote address, Margaret Suckale - Member of the Executive Board at BASF said, “People are demanding resources at a faster rate than the rate at which earth can regenerate reserves, making sustainability an absolute necessity for human survival.”

Dr Abdulrahman Al Jawahery, Board Member at GPCA said, "GCC petrochemical producers have taken extremely important steps to contribute to the global sustainability agenda and I also welcome growth of the petrochemical industry in the region.”

Providing details, Dr Al Jawahery said capacity of the petrochemical industry in the Arabian Gulf has grown to 100 million tons in 30 years, which is forecast to grow further to 170 million tons in the next five 5 years.

“Despite the Middle East region holding an estimated 45% of world's oil and gas reserves, it has only 10% of worldwide global petrochemical capacity, so we will need to learn from companies through collaboration with partners like ExxonMobil, Shell, Dow, BASF, etc," he added.

Revealing the shortcomings in the sector, he informed, “Our educational institutions have not kept pace with the industry growth and enough investment has not flowed in to research and development, other than a SABIC, which has 13 research and development centres.”

Dr. Abdulwahab Al- Sadoun, GPCA's Secretary General said, “Sustainability will require support, not only from company's leadership, but also from stakeholders, governing bodies and employees, making it challenging to 'sell' this concept both within and outside the production facilities.”

He added, “This is a long journey and there is good news, as we are already well on our way to achieving respectable results." (AR)

Fibre2fashion News Desk - India


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

Trade & consumers want MDR free digital payments: CAIT

Apparel/Garments | On 12th Dec 2017

Trade & consumers want MDR free digital payments: CAIT

Transaction charges like the merchant discount rate (MDR) applicable...

Albrecht Roger

Textiles | On 12th Dec 2017

Suessen appoints Roger Albrecht as new managing director

Spindelfabrik Suessen GmbH, a leading manufacturer of spinning...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Silvia Venturini Fendi
Fendi s.r.l

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search