Saudi Arabia has launched as many as 26 projects at a total value of SR56.34 billion ($15 billion), with projects worth SR172.76 billion still in the planning stages, with recent reports on the flourishing market for petrochemicals, plastics, printing and packaging in the Middle East.

Companies such as the Saudi Basic Industrial Corporation (Sabic), Saudi Polymers and Petro Rabigh are contributing to the development  and growth of the sector, it said.

Moreover, regional and international companies from the UAE, Qatar, Bahrain, China and Turkey, Egypt, Lebanon, India and Japan have also played a significant role in the prosperity of the sector.

These firms are set to take part in the Saudi Plastic and Petrochem 2015 and Saudi Print and Pack 2015, which will be concurrently held from March 1 to 3 at the Jeddah International Centre for Conferences and Exhibitions.

Among the attending companies, Sabic will participate in the two events as a Diamond Sponsor, while Saudi Polymers will be the Platinum Sponsor and Petro Rabigh the Gold Sponsor.

Kamil Al Jawhari, project manager of the two events, said: “We thank the sponsors and appreciate their continued efforts to support Saudi Plastic and Petrochem 2015 and Saudi Print and Pack 2015. We promise to strengthen our efforts in the upcoming editions in order to develop and expand them in favor of the Saudi market and its most competent bodies and companies.

“The process of developing the plastics, petrochemicals, printing and packaging sectors is very important for all stakeholders in the Saudi market in particular and the regional market in general. One of our key priorities is to promote and expand the two shows and achieve success, the way we have done over the years.

“We will continue to achieve more in the interest of exhibitors and organisers by continuously adopting transparency and a firm commitment to sustainability and focusing on achieving a positive impact for the sector’s exhibitors and visitors.” - TradeArabia News Service