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

Cotton production and exports in West Africa. Courtesy: FAS/USDA

Textiles | On 23rd Oct 2018

Record cotton production to drive West Africa exports

Cotton exports from West Africa for 2018-19 are projected to surpass...

Courtesy: Prudence Earl on Unsplash

Textiles | On 23rd Oct 2018

Sri Lanka's textile exports up 4.7% in Jan-July '18

Sri Lanka’s earnings from textiles and garments exports increased by...

Courtesy: Mario Crosta

Textiles | On 23rd Oct 2018

'Global textile machinery market may grow at 14% by 2020'

Analysts have predicted that the global textile machinery market may...

Interviews View All

Darshan Mehta, Infinium Polychem

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Top executives, Textile industry

Top executives
Textile industry

The foremost issue is bridging the skill gap

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Siddhachakra Weaving (Badiya Fashion),

Siddhachakra Weaving (Badiya Fashion)

Ahmedabad-based Siddhachakra Weaving Pvt Ltd was established in 2011 under ...

Ashish M Amin,

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Vikas Banduke,

Vikas Banduke

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

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Davide Vigano, Sensoria

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks, Wendell Rodricks

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2018

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

news category


Related Categories:

Advanced Search