Cnc Turning Parts,Cnc Turning,Cnc Turning Lathe Parts,Cnc Lathe Machine Parts Shenzhen Bergek Technology Co.,LTD , https://www.szbergek.com
According to reports, the leader of the Saudi petrochemical giant Saudi Basic Industries Corporation (SABIC) said on Monday that the market opportunities for the Middle East plastics industry will be approximately US$300 billion, mainly from the construction and construction industries. “Architecture and construction are plastic growth demand centers, and there is also great room for growth in demand for service industries and commodities in the Middle East,†said Richard Crosby, SABIC’s Middle East and African Regional Business General Manager, at the Gulf Petrochemical and Chemicals Association. GPCA) The Dubai conference delivered a keynote speech.
Crosby said that in the five years to 2016, demand for plastics in the Middle East is expected to increase by 20%. Qatar, in particular, will boost the consumption of plastics as it will build infrastructure for the major sports event, the 2022 World Cup. Saudi Arabia will also see strong growth in plastic demand as it plans to build 1 million new homes by 2020. Therefore, the plastics industry must be prepared to respond to the expected surge in demand. Such as the trend of urbanization and population aging, will also promote the growing demand for plastics in the Middle East. Of course, the growing demand for energy will also bring more challenges to the plastics industry.