Business & Money | Sunday 1 December, 2019 12:38 pm |

Sahara International Petrochemical Company (“Sipchem”), a world-class integrated petrochemical leader and a company listed on the Saudi Stock Exchange “Tadawul”, hosted its third Technical Seminar at the Sipchem Technology and Innovation Center (“MANAR”), located in Dhahran Techno Valley in Saudi Arabia, on Wednesday 27th November 2019. 

The Seminar - themed “Opportunities for Products and Applications Development in Saudi Arabia” – showcased MANAR’s capabilities and services available to support local plastics converters and introduced new specialty polymer grades recently developed in Saudi Arabia. The Seminar also featured several technical papers related to its extended polymer product portfolio including Polypropylene (PP), Ethylene Vinyl Acetate (EVA), Polybutylene Terephthalate (PBT) and Crosslinkable Polyethylene (XLPE). Some of which are new polymers being produced by Sipchem for the first time in Saudi Arabia and the Middle East.

The Seminar was attended by more than 100 representatives and executives from diverse companies of the plastic downstream industries, as well as faculty members and students from the King Fahd University of Petroleum and Minerals (KFUPM), in the presence of members of Sipchem’s management team.

This event emphasizes Sipchem’s commitment to developing new applications, as well as the importance of such initiatives, to promote a culture of innovation and collaboration across the plastics downstream Industry in Saudi Arabia, while also establishing MANAR as the go-to center to support local plastics converters.

One of the main successes achieved from this seminar was the exchange of ideas, which is essential to accelerate learning and capture opportunities for future innovation and collaborations. During this seminar, the needs of the industry were discussed, while several potential business opportunities for new products and applications were identified.

MANAR, which is located at the Dhahran Techno Valley, was established to support Sipchem’s growth strategy in line with the economic vision of the Kingdom. Additionally, the Center promotes industrial and commercial diversification through the development of the plastics downstream industry and was recognized by an inauguration in March 2015 by His Royal Highness Prince Saud bin Naif bin Abdulaziz, Governor of the Eastern Province of Saudi Arabia.