GPIC registers solid Q1 growth
Manama, April 7, 2013
Bahrain-based Gulf Petrochemical Industries Company (GPIC) has achieved its targets in production, export and occupational safety for the first quarter of the year, said a report.
Since a major maintenance at the plant carried out in the last quarter of last year, the GPIC had achieved the highest ever rate of daily production - with an output of 1,352 tonnes of ammonia, 2,024 tonnes of urea and 1,269 tonnes of methanol, reported the Gulf Daily News, our sister publication, citing its top official.
The petrochemical giant also achieved the highest monthly production of 61,549 tonnes of urea and 38,549 tonnes of methanol, stated GPIC president Abdulrahman Jawahery.
He said the safety plans and procedures already in place were also being reviewed and followed up periodically according to administrative regulations, in an effort to keep pace with the rapid changes taking place in global markets.
According to him, the company has achieved 3,992 working days without any lost time accidents so far, which is equivalent to more than 13.4 million man-hours.
"This is considered a major achievement, not only because of the figures achieved, but also in being a firm demonstration of an eagerness to maintain the safety of workers," he noted.
Jawahery said the GPIC had developed and refined the skills of its workforce, who enjoy a dynamic and rich experience in the field of industrial activities.
GPIC also exported 272,000 tonnes of ammonia, urea and methanol in 16 shipments, with the US taking the largest share of exports, at 43 per cent, followed by China with 19 per cent, stated the company head.
"The company has also, for the first time, sold 20,000 tonnes to Venezuela," he added-TradeArabia News Service