DP World exhibits petrochemical hub at GPCA Supply Chain Conference 2022

• Published date: 20 May 2022
• Publication title: LETA

DP World, the leading provider of smart logistics solutions, showcased its streamlined chemical supply chain solutions and extensive range of logistics offerings at the 13th edition of the Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain Conference.

DP World UAE plays a pivotal role in facilitating the growth of the UAE's and GGC's rapidly growing petrochemical sector through its flagship assets in Jebel Ali.

Valued at AED21.4 billion, DP World UAE's petrochemical hub accounts for approxemaitly 60 percent of Dubai's total trade value in the sector. Jebel Ali Free Zone (Jafza) alone supports 4,100 port customers and is home to 565 companies from the petrochemicals sector. Complementing this is the Jebel Ali Port, a hub for global petrochemical companies catering to growing markets of the Indian Subcontinent, Africa, and the Middle East.

Abdulla Bin Damithan, Chief Commercial Officer and Managing Director, DP World - UAE Region and Jafza, said, "The petrochemicals sector is an integral pillar of Operation 300bn, the UAE's Industrial Strategy that aims to increase the GDP from AED 133 billion to AED 300 billion by 2031. Since 95 percent of all manufactured goods rely on petrochemicals, the sector is essential to the global economy. So, despite the 2020 crisis and the delayed economic recovery, the sector is poised for significant growth in the decades ahead.

"The UAE's export-orientated industry is already witnessing improvements which will be sustained by new polypropylene capacity, due to a ramp-up in production in 2022. Events like GPCA give us the...