The Gulf Petrochemicals and Chemicals Association (GPCA) represents the downstream hydrocarbon industry in the Arab states of the Persian Gulf. Established in 2006, the association voices the common interests of more than 230 member companies from the chemical and allied industries, accounting for over 95% of chemical output in the Persian Gulf region. The industry makes up the second largest manufacturing sector in the region, producing up to US$97.3 billion worth of products a year.
The association supports the region's petrochemical and chemical industry through advocacy, networking and thought leadership initiatives.
The GPCA manages six working committees – Plastics, Supply Chain, Fertilizers, International Trade, Research and Innovation, and Responsible Care – and organizes six conferences each year. The association also publishes an annual report, regular newsletters and reports.
The Chairman of Gulf Petrochemicals and Chemicals Association (GPCA) is Yousef Al-Benyan, Vice Chairman & CEO SABIC.
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The chemical industry comprises the companies and other organizations that develop and produce industrial, specialty and other chemicals. Central to the modern world economy, it converts raw materials into commodity chemicals for industrial and consumer products. It includes industries for petrochemicals such as polymers for plastics and synthetic fibers; inorganic chemicals such as acids and alkalis; agricultural chemicals such as fertilizers, pesticides and herbicides; and other categories such as industrial gases, speciality chemicals and pharmaceuticals.
The economy of Bahrain is heavily dependent upon oil and gas. The Bahraini Dinar is the second-highest-valued currency unit in the world. Since the late 20th century, Bahrain has heavily invested in the banking and tourism sectors. The country's capital, Manama is home to many large financial structures. Bahrain's finance industry is very successful. In 2008, Bahrain was named the world's fastest growing financial center by the City of London's Global Financial Centres Index. Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. Petroleum is Bahrain's most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP. Aluminium is the second most exported product, followed by finance and construction materials.
Petrochemicals are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm fruit or sugar cane.
Saudi Basic Industries Corporation, known as SABIC, is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul.
The petrochemical industry is concerned with the production and trade of petrochemicals. A major part is constituted by the plastics (polymer) industry. It directly interfaces with the petroleum industry, especially the downstream sector.
Asaluyeh is a city in the Central District of Asaluyeh County, Bushehr province, Iran, and serves as capital of the county. Alternate spellings include: Assalouyeh, Asalouyeh, Asaloyeh, Asalooyeh, Asaluye, Assaluyeh, and Asalu. UNCTAD codes: IR YEH, IR PGU, and IR ASA.
The Iranian Oil Bourse, International Oil Bourse, Iran Petroleum ExchangeKish Exchange or Oil Bourse in Kish also known as Iran Crude Oil Exchange, is a commodity exchange, which opened its first phase on 17 February 2008.
GPCA may refer to:
Ghazi Abdul Rahman Al Gosaibi was a Saudi politician, diplomat, technocrat, poet, and novelist. He was an intellectual and a member of the Al Gosaibi family that is one of the oldest and richest trading families of Saudi Arabia and Bahrain. Al Gosaibi was considered among Saudi Arabia's topmost technocrats since the mid-1970s. The Majalla called him the "Godfather of Renovation" while Saudi journalist Othman Al Omeir argued that he was "the only great man in Saudi Arabia."
Al Ghurair Group, also known as Saif Al Ghurair Group, is a Dubai, United Arab Emirates-based business group founded by the Al Ghurair family. A diverse conglomerate, it has operations in the Middle East, North Africa, Europe and North America. The grandsons of Al Ghurair Group founder Ahmad Al Ghurair run the group. Abdul Rahman Saif Al Ghurair serves as group chairman and Majid Saif Al Ghurair is the group's chief executive officer.
The National Petrochemical Company (NPC), a subsidiary to the Iranian Petroleum Ministry, is owned by the government of the Islamic Republic of Iran. It is responsible for the development and operation of the country's petrochemical sector. Founded in 1964, NPC began its activities by operating a small fertilizer plant in Shiraz.
Nama Chemicals, also known as NAMA, is a Saudi Arabian joint stock Taduwal listed company established in 1992 with the objective of developing and establishing industrial projects particularly in the area of chemicals and petrochemicals.
The emergence of oil production in the territory now known as Romania dates back to 1857, with oil facilities gaining strategic military significance in 1916 during World War I. Throughout World War II, the Kingdom of Romania held the position as the largest oil producer in Europe, second only to the USSR, whose primary oil source was located in Azerbaijan. The oil extracted from Romania played a pivotal role in Axis military operations, a fact underscored in Adolf Hitler's 1942 speech.
The North East of England Process Industry Cluster (NEPIC) is an economic cluster developed in accordance with Michael Porter's theories and strategies regarding industrial clusters. The chemistry-using sectors in North East England, where more than 1,400 businesses are headquartered in the industry's supply chain, formed this Process Industry Cluster. In the north-east of England, the industry employs approximately 35,000 direct workers and around 190,000 indirect workers, who collectively account for more than one-third of the area's industrial economy. Companies in the cluster produce 35% of the pharmaceuticals and 50% of the petrochemicals used in the UK, making this area the only net exporter of goods from the country. The area has more than £13 billion in exports.
The International Council of Chemical Associations (ICCA) is the trade association of the global chemical industry. Its members are both regional trade associations like Cefic or the Gulf Petrochemicals and Chemicals Association, and also national associations including the American Chemistry Council.
Mustafa El-Rifai was a Minister of Industry and Technology from 1999 to 2001. Chairman and CEO of Enppi from 1980 to 1990.
Kumho Petrochemical Co., Ltd. is a multinational chemical company based in South Korea, with headquarters in Seoul. It was founded in 1970 when Kumho Group struggled to secure raw materials for its bus and tire businesses. Kumho Petrochemical has a global market leadership in the manufacturing of synthetic rubbers with the world's largest production capacity based on SBR and BR by IISRP 2012. It focuses on synthetic rubbers, synthetic resins, specialty chemicals, electronic chemicals, energy, building materials and advanced materials as its core business.
Bayegan is a Turkish based petrochemicals company engaged in sourcing, sales, marketing and distribution. They operate in 120 countries across 5 continents.
Gulf Cryo is a Middle Eastern company that supplies industrial, medical and specialty gases. The group comprises thirty companies in the MENA region and operates as a closed share holding company. It is considered a leader in the gas industry in the MENA region.
Bandar Imam Petrochemical Company (BIPC) is an Iranian petrochemical company that produces chemicals, aromatics, polymers, and LPG. The main petrochemical products - ethylene, propylene, butadiene, benzene, toluene and xylenes - are manufactured at this complex. They are mostly converted into intermediate products and final goods like light polyethylene, heavy polyethylene, synthetic rubber, polyvinyl chloride, paraxylene and MTBE.
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