GPCA Celebrating a decade of ANNUAL excellence REPORT 2016

Networking Thought leadership Advocacy

Members250 60 when started

CONTENTS

Chairman’s foreward 5

Message from the Secretary General 6

About GPCA 8 »» Profile »» Mission Board of Directors 9

Membership growth 10

Arabian Gulf industry: Year in review 12

GPCA: Year in review

»» Effective networking 17 »» Thought leadership 29 »» Advocacy 30 * Our youth 31 * Our environment 32 * Our industry 33 Looking forward 36

The GPCA secretariat team 37

Membership listing 38

GPCA ANNUAL REPORT 2016 3

Chairman’s foreward

The year 2016 marked a decade since GPCA was founded. Building on achievements from the past 10 years, the association continued to excel in networking, thought leadership and its position Yousef Al-Benyan on the world map, growing into a key regional Chairman GPCA and Vice organization with global scope and reach. This Chairman and CEO, SABIC was reflected in the overwhelming success of key programs and initiatives such as Gulf SQAS, Responsible Care, Waste Free Environment, and as of late – Leaders of Tomorrow, a brand new talent development program, which was launched during last year’s Annual GPCA Forum.

Now in its 11th edition, the forum continues to gain in popularity and reputation. It started as a modest gathering in in 2006, and has now transformed into a truly global event attracting thousands of delegates from different parts of the world every year. This does not only reflect the rising level of interest in the downstream sector in the region, but also the important role that GPCA plays as a port of call for global industry leaders.

Throughout 2016 GPCA’s events, workshops and conferences covered key industry topics ranging from the role of technology in running a successful business, to the importance of talent development, innovation and sustainability, and how to turn challenges into opportunities in the current market environment.

At the end of 2016, we published a total of 130 publications divided into five different categories, namely, statistical, periodical, post-event, industry trends and co-branded reports. Our publications continued to reflect GPCA’s growing role as the voice of the industry, and the region’s single, most trusted source for data, market trends, research and analysis.

Moving forward, GPCA will continue to serve the interests of the industry and add value to its members through its advocacy, thought leadership and networking pillars. The petrochemical industry is what’s been holding the GCC strong during the difficult times, and GPCA will have a vital role to play in safeguarding its place as the cornerstone of our economies. It will depend on us as industry leaders and members of the association, to be proactive and act together. Opportunities are running high to not only shape the future, but define the direction it will take for the next decade to come.

GPCA ANNUAL REPORT 2016 5 Message from the Secretary

Dr. Abdulwahab Al-Sadoun General Secretary General, GPCA

Last year may stay in the minds of many as a year full of challenges, continuous expansion of GPCA’s activities and insourcing but it was precisely because of these challenges that so much more operational aspects of our various events. was achieved. Never before have we seen such great level of cooperation, leadership, and forward planning, demonstrating the Networking industry’s genuine desire to improve and reach new heights. Here in GPCA celebrated its 10th anniversary on the night prior to our the GCC, we know all too well that true success is shared success, 2016 Annual General Meeting (AGM) when we looked back to and whatever each and every one of us achieves is for the benefit our first decade of achievements. The occasion brought together of the region as a whole. From the creation of more employment veteran industry leaders who shared many inside stories behind the opportunities for our highly valued youth, to supporting economic evolution of the chemical sector in the Arabian Gulf and its journey to diversification and making meaningful contributions to society, our becoming the global hub it is today. industry is on track to become the main driving force behind growth and prosperity in this region. We kicked off the year with the 7th GPCA PlastiCon, followed by the 3rd GPCA Research and Innovation Summit, the 8th edition of our Membership Supply Chain Conference, 7th GPCA Fertilizer Convention, and 3rd Since its inception in 2006, GPCA membership has grown 9% on GPCA Sustainability Conference. a compounded annual basis. Starting with just 60 members in the first year of operations, today we partner with 250 companies We concluded our 2016 portfolio of events with another successful of which 35 are full members and 215 are associate members. Annual GPCA Forum, which was attended by a total of 2,005 This year alone we were joined by 26 new members from around delegates. Throughout the year, GPCA hosted three workshops the Middle East and the world including one full member – Oman including the GPCA Renewable Energy and Waste Management Methanol Company. Without doubt, our continued membership Workshop, GPCA Product Stewardship Workshop, and a seminar growth is a reflection of the important role GPCA plays in providing assessing the impact of methanol on the global energy market. the right platform for doing business in the region, and the increasing In total, 3,276 delegates attended our nine events and stand-alone preeminence of the Arabian Gulf as a global chemical production workshops, in addition to five seminars and four workshops which hub. took place as part of our conferences. I would like to take this opportunity to express my sincere appreciation to those individuals Administration and organizations who have actively supported us by either sending Moving on to our latest new appointments, Yousef Al-Benyan, a significant number of delegates, or by becoming a sponsor. CEO and Vice Chairman of SABIC, assumed the role of Chairman in May 2016, taking over from Rashed Saud Al Shamsi, former Thought Leadership Petrochemicals Director at ADNOC. We offer Mr. Al Shamsi our GPCA’s role as the ‘Voice of the Industry’ was reinforced through sincere appreciation and gratitude for his valued contributions to the a series of new reports and studies published throughout the year association and for steering it into a direction of continued growth and made available for download on the GPCA website. This year and success. we released a total of 16 publications co-branded with McKinsey and Company, KPMG-Strategy, Nexant, Integer and Sustainability Special thanks are due to our outgoing board members Asaad Excellence. We recently released the new editions of ‘Connecting the Al-Saad, CEO of PIC, Khalifa Al-Sowaidi, Vice Chairman and CEO Gulf’ members directory and ‘2015 Facts and Figures’ for the GCC of QAFCO and Musab Al Mahruqi, former CEO of Orpic, who also petrochemical and chemical industry which includes summaries in served as chairman of the GPCA International Trade Committee. both English and Arabic language. We are also pleased to welcome the new members of the board: Abdulrahman Al-Suwaidi, CEO of QAFCO, Ahmed Omar Abdulla, GPCA continues to provide thought provoking articles, industry CEO of Borouge, Ahmed Saleh Al Jahdhami, CEO of Orpic and news and comprehensive market analysis through GPCA’s Insight last but not least, Mohammad Al-Farhoud, CEO of PIC. Mutlaq and Insight Express newsletters, as well as improve our regional Al-Morished accepted the chairmanship of the International Trade petrochemical database that offers industry forecast and all the Committee replacing Musab Al Mahruqi, and Hamad Rashed information you need to make informed decisions for your business. Al-Nuaimi, CEO of Qatar Vinyl Company (QVC), was appointed Treasurer. As with every year, we aimed to present the growth and achievements of our industry in an innovative and creative way. In The secretariat team has also been growing as a result of the line with the theme of product diversification and adding value, we

6 GPCA ANNUAL REPORT 2016 developed the ‘The Arabian Gulf Petrochemical Value Chain Tree’, 2016 marked another first for GPCA as we launched the inaugural which illustrates the great diversity of ‘Made in the GCC’ products edition of the GPCA Supply Chain Excellence Awards during the 8th and their huge value for the industry and the region at large. GPCA Supply Chain Conference in Dubai. We also hosted the 6th edition of the GPCA Plastics Excellence Awards which attracted Advocacy 51 submissions across six categories, including dedicated student 2016 marked a number of milestones for GPCA’s advocacy, chief award. among which was the launch of Leaders of Tomorrow. The initiative is facilitated and sponsored by GPCA member companies and is As part of our global advocacy agenda, we participated in a number designed to provide university and college students with background of international meetings and conferences, sharing our industry’s in STEM-related subjects an opportunity to build industry knowledge position and best practices on matters such as effective waste through participation at GPCA events and close interaction with management. Amongst these were the Asian Plastics Forum’s industry leaders. The first edition of this initiative was launched during Conference held in Thailand, the 27th Global Plastics Alliance meeting the 11th Annual Forum and sponsored by Dow. in Vietnam and the World Plastics Council General Assembly in Germany. We also saw our Waste Free Environment (WFE) campaign extend its global reach into Europe and Asia, with events taking place Going forward, we will be looking to publish the Arabic version of in China as well as Singapore. For the fourth year in a row we Molecules, Mind and Matter, which narrates how the Arabian Gulf witnessed growth in both plastic waste collection and participation. became a global petrochemical hub. We expect a very successful In recognition of its success, WFE was awarded ‘Best CSR Initiative and expanded 5th edition of WFE with the continued support of our of the Year’ by the Oil and Gas Middle East and Refining and valued members, and look forward to welcoming our new committee Petrochemicals Middle East Awards. This is a recognition of the members at the upcoming 3rd All Committee Meeting, and hearing collective effort of all participants and I would like to thank those who their vision on how to lead the industry into a more innovative, invested their time and energy to make WFE a success. sustainable and profitable future. GPCA will stay committed to creating value for its members by focusing on talent development, Moving on to another major milestone, Gulf SQAS recorded 153% raising the standards throughout the region and enhancing the year-on-year increase in assessments compared to 2015. We are industry’s reputation. I am a firm believer that together we can extremely proud to announce that our 3rd Performance Metrics maintain the momentum for many years to come. Report, which was published as part of our Responsible Care® initiative, has achieved 100% data reporting, showing the highest level of engagement from our members to date.

“During the 2016 Annual General Meeting (AGM) we marked the 10th anniversary since the association was founded, and looked back to our first decade of achievements. The occasion brought together industry leaders, experts, founders and key members who shared many inside stories behind the evolution of the chemical sector in the Arabian Gulf and its journey to becoming the global hub it is today.”

- Dr. Abdulwahab Alsadoun, Secretary General, GPCA

Panel discussion with H.E. Abdullah Bin Hamad Al-Attiyah, chairman of Abdullah Bin Hamad Al-Attiyah International Foundation for Energy and Sustainable Development and H.E. Eng Abdulaziz Al-Zamil, chairman of Zamil Group

GPCA ANNUAL REPORT 2016 7 About GPCA

PROFILE

The Gulf Petrochemicals and Chemicals Association (GPCA) networking and thought leadership initiatives that help member represents the downstream hydrocarbon industry in the Arabian companies to connect, share and advance knowledge, contribute Gulf. Established in 2006, the association voices the common to international dialogue, and become prime influencers in shaping interests of more than 250 member companies from the chemical the future of the global petrochemicals industry. and allied industries, accounting for over 95% of chemical output Committed to providing a regional platform for stakeholders from in the Gulf region. The industry makes up the second largest across the industry, GPCA manages six working committees – manufacturing sector in the region, producing up to USD 108 Plastics, Supply Chain, Fertilizers, International Trade, Research billion worth of products a year. and Innovation and Responsible Care – and organizes six world- The association supports he sustainable growth of the regional class events each year. The association also publishes regular petrochemical and chemical industry through advocacy, newsletters and reports.

MISSION

To support the growth and sustainable development of the petrochemical and chemical industry in the Arabian Gulf in partnership with our members and other stakeholders.

GPCA’S THREE STRATEGIC PILLARS

Plastics Committee

Fertilizer Committee

Supply Chain Committee

International Trade Committee Research and Innovation Committee Responsible Care Committee

8 GPCA ANNUAL REPORT 2016 Board of Directors

EXECUTIVE COMMITTEE

Yousef Al-Benyan Abdulaziz Alhajri Hamad Rashed Al-Nuaimi Chairman, GPCA and Vice Chairman, GPCA Vice Chairman and and Refining and Treasurer, GPCA and CEO, SABIC, Petrochemicals Director, CEO, QVC, Qatar Saudi Arabia ADNOC, UAE

Mohammad Dr. Abdulrahman Mutlaq Al-Morished Husain Jawahery CEO, Tasnee, President and CEO, President, GPIC, Saudi Arabia EQUATE, Kuwait Bahrain

Dr. Mohamed Ahmad Al-Ohali Ahmed Al Mheiri Al Mulla CEO, Sipchem, CEO, ChemaWEyaat, Vice Chairman and Saudi Arabia UAE CEO, QAPCO, Qatar

Warren Wilder Mohammed Ahmed Omar Al-Hajri Abdulla VP, Chemicals, Saudi Aramco, VP, Downstream CEO, Borouge, UAE Saudi Arabia Development, QP, Qatar

Abdulrahman Ahmed Saleh Mohammad Al-Suwaidi Al Jahdhami Al-Farhoud

CEO, QAFCO, CEO, Orpic, CEO, PIC, Kuwait Qatar Oman

Outgoing chairman and board members

In 2016, Rashed Saud Al Shamsi, former Rashed Saud Asaad Ahmad Petrochemicals Director at ADNOC, passed Al Shamsi Al-Saad on the chairmanship to Yousef Al-Benyan, Vice Chairman and CEO, SABIC, while Ex-Chairman, GPCA and Former CEO, PIC, Kuwait Khalifa Al Sowaidi, former Vice Chairman and Petrochemicals Director, CEO, QAFCO, and Musab Al Mahruqi, former ADNOC, UAE CEO, Orpic, handed over their responsibilities as chairmen of the Fertilizer Committee and Khalifa Al Sowaidi Musab International Trade Committee respectively, Al Mahruqi and members of the board. GPCA would Former Vice Chairman like to extend its gratitude and appreciation and CEO, QAFCO, Former CEO, Orpic, for their outstanding service, leadership and Qatar Oman contribution to the association.

GPCA ANNUAL REPORT 2016 9 Membership growth

AE 77

GLOBE Saudi Arabia 60 E 250 H T Kuwait 7 S S O CAGR = 9% MEMBERSHIP Qatar 11 R 200 C A

Bahrain 5 GPCA has grown rapidly over the past decade from just eight M

O 150 founding members – SABIC, Tasnee, QVC, QAPCO, Borouge, TOTAL

R Oman 7 F

GPIC, PIC and EQUATE – to 250 members at the end of 2016, 250

consisting of 35 full members and 215 associate members. E

M Africa 4

100 O

Membership growth has been 9% on a compounded annual C

basis, from just over 50 at the end of 2006. This growth is S orth America 20

R

a reflection of the strong interest in the portfolio of services E

B

50 M Asia 24

provided by the association in addition to the role the Arabian E

M

A G C P Gulf plays in the industry and its future. Europe 35

0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

GPCA Members come from across the globe Source: GPCA

AE 77

GLOBE Saudi Arabia 60 E 250 H T Kuwait 7 S S O CAGR = 9% Qatar 11 R 200 C A

Bahrain 5 M

O 150 TOTAL

R Oman 7 F

250

E

M Africa 4

100 O

C

S orth America 20 R

E

B

50 M Asia 24

E

M

A G C P Europe 35

0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

GPCA Membership has grown consistently for ten years Source: GPCA

10 GPCA ANNUAL REPORT 2016 NEW MEMBERS IN 2016

AL JERI Transportation Company Kingdom of Saudi Arabia

Al Nahda International United Arab Emirates

Al Watania Plastics Kingdom of Saudi Arabia

ARLANXEO Holding B.V. The Netherlands

Arrmaz Gulf Chemicals Kingdom of Saudi Arabia

Aryasasol Polymer Company Iran

C.E.I.C Sustainable Solutions FZE United Arab Emirates

Emeraude Polymers DMCC United Arab Emirates

Glopol Portugal

H.Essers Belgium

ILandFS Prime Chemicals United Arab Emirates

International Chemplast (PVt.) Ltd. Pakistan

KBC Advanced Technologies United Arab Emirates

King Abdullah University of Science and Technology (KAUST) Kingdom of Saudi Arabia

McKinsey and Company United States of America

Navigant Consulting United Arab Emirates

Nova General Trading LLC United Arab Emirates

Particles Company for Commercial Services and Consultation Bahrain

POLYMET SA (S) PTE LTD Singapore

Praxair United States of America

Ravago Group Turkey

RIFD Industry Kingdom of Saudi Arabia

Saudi Chemical Co Kingdom of Saudi Arabia

Sumitomo Corporation United Arab Emirates

Transmar Egypt

Thyssenkrupp Industrial Solutions AG Germany

GPCA ANNUAL REPORT 2016 11 Arabian Gulf industry: Year in review

Despite challenging economic conditions and low commodity slower than in 2015 which registered growth of 2.7%. More than prices, the chemical and petrochemical industry in the Arabian two percentage points of the global chemical industry growth Gulf continued to grow significantly compared to its competitors. in 2016 was driven by China where slower construction activity Driven by developments in Saudi Arabia, GCC chemical production impacted chemicals demand growth. This was, however, offset by growth outstripped the global average and that of its peer regions, higher growth rates in the automotive industry. rising by 3.7% from the year before. In addition, capacity utilization was more than 90% compared to global rates of a little over 78%. Chemical production in North America expanded by 1.1% in 2016, slower than 2015. Likewise, chemical production in Western Innovation and exploration of new, alternative feedstocks were the Europe demonstrated a modest growth of just 1%, much lower driver behind the announcements of a number of new partnerships than an earlier period. Growth decline in Europe was the highest overseas as well as in the region. With several mega projects among other parts of the world despite the fact that European coming on stream in 2017, a slate of new products arriving to the chemical sites, as in the previous year, benefited from low oil prices GCC is poised to transform local economies and act as a catalyst compared with US competitors whose production is based on gas. for further downstream investment. Growth in the GCC during 2016 was one of the highest among its Overview of the global chemical industry peer regions. In 2016, it grew by 3.7%, down from 5% in 2015. Growth in the region was driven by Saudi Arabia which increased Economic conditions in 2016 remained challenging. The global its output and contributed significantly to overall regional growth. economy and industrial production grew at levels similar to 2015. In 2016, the economy expanded by 3.1% versus 3.2% the previous year, while chemical production grew by 2.2%, slightly

Chemical industry production growth by region (% change y-o-y)

5.6 5.0 4.2 4.2 3.7 3.2 3.0 2.7 2.2 2.5 1.1 1.0 Latin America

Asia/Pacific Central/Eastern GCC World North America Western Europe Europe 1.0-

2015 2016 2.4-

Source: American Chemistry Council and GPCA, 2017

12 GPCA ANNUAL REPORT 2016 Oil price impact on global chemical industry in 2016 the dynamics of price relationship with oil, have also been hit. Persistently low oil prices and slowdown in demand growth could With oil averaging at $42.6 per barrel throughout 2016, the global result in delays or cancellations of projects. Investment by oil chemical industry faced some new realities. For the chemical majors is being severely curtailed, which is expected to impact industry, a collapsed oil price levels the competition in terms of their integrated chemicals operations. feedstock costs. This is good news for naphtha-based regions such as Europe and Asia, which had been suffering from years Chemical industry capacity utilization in 2016 of decline with an oil price so much higher than natural gas Global capacity utilization had been on a downward trend since and ethane prices elsewhere. As the global ethylene cost curve January 2016, and by the end of the year fell to just a little over flattens, it is widely expected that this will be a positive tailwind 78%. This is only just above the lowest reading ever seen of 77% for naphtha-based producers, especially as they enjoy a broader at the bottom of the sub-prime crisis in March 2009. In the GCC, production portfolio of co-products than their ethane-based chemical capacity utilization was at more than 90% during the past peers. North American companies which invested in new capacity years and was largely outperforming the global average. under assumptions that the shale gas economics will change

Oil price versus petrochemicals prices (1993 = 100) 700

600

500

400

300

200

100

0 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

Petrochemical Index (IPEX) Index Brent Oil Price Index

Source: BP and ICIS

Global chemical capacity utilization % 1987 - 2016

Operating rate % 100 1987- 2008 Average = 91.3% 95

90 2009 - 2016 Average = 91.3%

85

80

November 2016 = 78.3% 75

1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Source: pH Report analysis: American Chemistry Council data

GPCA ANNUAL REPORT 2016 13 State of the GCC petrochemical industry more than USD 2 trillion by many analysts and controls more than one fifth of global petroleum reserves. The listing of Aramco was At the end of 2016, total GCC petrochemicals capacity stood at part of economic reforms announced last year, in order to better 150 million tons, representing a 3.7% growth from the previous diversify the national income. The IPO would transform Saudi year. This compares to an average increase of 8.6% per annum Aramco into the world’s most valuable publicly traded company. for the period 2006-2016. Saudi Arabia maintained its position as the largest petrochemical producer in the region with 99.1 million Also in 2016, SABIC said it would combine its chemicals and tons of capacity which represents 66% of total regional capacity. polymers business and spin off its steel unit. Having already In 2016, Saudi Arabia was the only country in the GCC to add reorganized its innovative plastics unit in 2015, SABIC will establish production capacity, which grew by 5.8% year on year and was a new petrochemical unit. Steel firm Hadeed will become an driven by capacity additions of basic chemicals and polymers. independent company which will be managed separately. Chemical output at other GCC countries remained unchanged Kuwait from 2015 levels. Petrochemical sales for producers in the region was sluggish in 2016 due to slowing Chinese growth, weakening Kuwait is taking steps to sell minority stakes in units of the state regional downstream demand and oversupply concerns. oil producer Kuwait Petroleum Corporation (KPC) including its GCC chemical industry restructuring and shipping and chemical subsidiaries. The move is aimed at driving privatization efficiency across some of the more important industries in the country and tap into global markets and funds. The government Growing consolidation and privatization trend dominated the GCC has set a four-year plan to organize and execute sales of shares, energy sector throughout 2016. The initiatives are part of efforts with 20% to 30% to be offered for sale. to counter weak product prices, optimize cost and introduce new Oman efficiencies to the businesses in the region. Some of the region’s most prominent IPOs and deals announced in 2016 are listed The government of Oman is planning to privatize state assets in a below. bit to explore more revenue sources as oil prices remain subdued. The move will be carried out in the next three years after obtaining Saudi Arabia all necessary approvals. Orpic is one of the companies in the Saudi Aramco, the world’s biggest oil company, announced plans sultanate identified for privatization. to sell 5% share in the entire business. Saudi Aramco is valued at

GCC Petrochemical capacity Million tons per annum

3.7% 2016 2016 150.0 144.6 YoY share 1.4 Bahrain 1.4 8.8 5.8% Kuwait 8.8 9.3 6.2% Oman 9.3 13.4 8.9% UAE 13.4 18.2 12.1% Qatar 18.2

93.7 99.1 Saudi Arabia 5.8% 66%

2015 2016

14 GPCA ANNUAL REPORT 2016 Projects coming on stream and PDH units, PP and aromatics plants, will require an estimated capital of USD 7.5 billion and are expected to come on stream in Large capacity is arriving on stream with several major 2022. petrochemical mega projects making significant progress in the past year. The projects are highly complex and will be adding Bahrain significant benefits to the local industry. They will provide a further Aromatics plant push towards downstream development and industry expansion. New projects will enable naphtha cracking which will be a true Kuwait Petroleum Corporation (KPC) signed a deal with Bahrain’s game game changer, which will enhance downstream investment National Oil and Gas Authority (NOGA) to jointly set up an and create more value added jobs in Saudi Arabia. aromatics plant in Bahrain. The plant will be designed to produce 1.44 million tpa of p-xylene. The project is expected to be SADARA: Sadara started operating its mixed-feed cracker at the completed by 2021 and estimated to cost USD 1.5 billion. joint venture’s petrochemical complex in Jubail. The start-up of the mixed feed cracker was an important step for Sadara, whose Saudi Arabia portfolio will include differentiated, high-value plastics and specialty chemical products. Additionally, Sadara started producing solution Phosphate Fertilizers Plant 3 polyethylene, LLDPE and propylene, bringing new technologies, and other first-time processes to the region. It is the largest The Saudi Arabian Mining Company (Ma’aden) has announced complex to have ever been built in a single phase to date. plans to expand its phosphate-based business with the addition of a third project to manufacture phosphate fertilizers which will Petro-Rabigh Phase 2: The project is expected to be completed be executed gradually over the coming seven years. Upon project in the second quarter of 2017. The ethane cracker will be completion, Saudi Arabia will increase its potential supply to global expanded and new aromatics complex will process 3 million tons markets by three million tons of phosphate fertilizers. of naphtha per year to make high value petrochemicals. Rufayah Chemicals Company (RCC) downstream chemical Al Jubail Petrochemical Company (KEMYA) Elastomer plant Plant: KEMYA started commercial operations at 100,000 tpa of polybutadiene rubber and 50,000 tpa carbon black plants. Saudi Arabian downstream company Rufayah Chemicals Production capacity at USD 3.4 billion elastomers plants will reach Company (RCC) is building a new USD 500 million chemical 400,000 tpa of rubber including halobutyl, styrene butadiene, complex in PlasChem Park in Jubail Industrial City. The RCC polybutadiene, and ethylene propylene diene monomer (EPDM) chemical complex will utilize the feedstock obtained from rubbers, thermoplastic specialty polymers, and carbon black. Sadara and potentially other liquid crackers in Saudi Arabia, to produce a wide range of downstream chemical products such New projects announced as hydrocarbon resin, isoprene, pure DCPD, aromatic solvents, premium wash oils, and other products. Once complete, RCC Kuwait expects to manufacture 12 different downstream products with an overall production capacity of more than 350,000 tpa. Al Zour dehydrogenation (PDH) and polypropylene (PP) plant Ibn Sina and Celanese Polyacetal plant Following feasibility studies into projects that would be built downstream from Kuwait’s Al Zour refinery, developers decided National Methanol Company will start production at its first 50,000 to build propane dehydrogenation (PDH) and polypropylene (PP) ton-per-year polyacetal plant by early 2017. The project, known production facilities as well as its second aromatics complex. PDH as Ibn Sina, was moved from Q4, 2016 to early this year. It is a plant will be designed to produce 650,000 tpa of propylene while joint venture 50% owned by Saudi Basic Industries Corp (SABIC). the PP unit will have capacity for 940,000 tpa. Aromatics 2 will Contract value for the project is USD 387 million. have a capacity of 1.4 million tpa of paraxylene and 350,000 tpa of benzene. The Al Zour petrochemical projects, including the FCC

2016 Mega Projects by Numbers 2016 New Projects by Numbers

• USD 32 billion total value of mega projects • USD 13 billion total value of new projects • 8.4 million tons of combined capacity • 8 million tons combined production capacity of • Number of new products: polybutadiene rubber new projects (PBR), carbon black, N-butanol • New projects’ capacity will have 5% share in current capacity output • About 4,000 jobs will be created by new projects • 2020-2024: Timeframe of new projects coming on stream

GPCA ANNUAL REPORT 2016 15 New technologies and overseas developments US: SABIC/ ExxonMobil cracker: SABIC commenced talks with an affiliate of ExxonMobil to develop a petrochemicals complex on GCC producers are exploring new untraditional sources the US Gulf Coast. The two companies will conduct studies and of feedstock to produce chemicals, as well as expanding evaluations before reaching a final investment decision. SABIC has geographically to strengthen their positions beyond the Middle been considering developing a cracker in the US for several years East and gain access to new markets. This reflects intentions to following the country’s shale gas boom. diversify the local economy, paving the way for further investment opportunities. South Korea: New propane dehydrogenation (PDH) plant: In 2016, Advanced Petrochemical has started commercial Saudi Arabia: SABIC/Aramco crude to chemicals project: operations at its 600,000 tpa new propane dehydrogenation Saudi Aramco and SABIC signed a preliminary agreement (PDH) plant in Ulsan, South Korea. The plant is operated by JV to conduct feasibility study for a fully integrated crude-oil-to- between Advanced Petrochemical and SK Gas and Petrochemical chemicals complex in Yanbu, Saudi Arabia. The project is expected Industries Co. (PIC). to substantially increase Saudi Arabia’s output of oil-based petrochemicals. Vietnam: Nghi Son Refinery and Petrochemical project

China: SABIC Shenhua Ningxia Coal Industry Group (SNCG) Nghi Son Refinery and Petrochemical project will have the capacity coal to chemicals project: SABIC signed an agreement to process 200,000 barrels of crude oil a day imported from the with Shenhua Ningxia Coal Industry Group (SNCG) to build a Middle East, producing petrochemical products such as gasoline, petrochemical complex in the coal-rich Ningxia Hui Region in diesel oil, kerosene, jet fuel and polypropylene. The project is a China. If approved, the complex would use locally available coal joint venture formed by Kuwait Petroleum International (35.1%), feedstock that would be supplied by SNCG. Idemitsu Kosan Co., (35.1%), Vietnam Oil and Gas Corporation (25%) and Mitsui Chemicals (4.8%).

16 GPCA ANNUAL REPORT 2016 GPCA: Year in review

EFFECTIVE NETWORKING

In 2016, GPCA hosted five annual and one biannual conferences, The number of attendees at GPCA conferences dropped slightly, two workshops and one seminar. These included the Annual a reflection of the current industry challenges and economic GPCA Forum, PlastiCon, Research and Innovation (Rand) Summit, slowdown. Workshops organized by GPCA and in partnership with Supply Chain Conference, Fertilizer Convention and Sustainability leading consulting firms also decreased from six in 2015 to three Conference, along with Renewable Energy Workshop, Products the following year. To optimize access to event information and Stewardship Workshop and Methanol Seminar. All events were streamline the registration process, GPCA launched a conference hosted in Dubai, with the exception of the workshop on renewable mobile app, which generated great level of engagement from energy which took place in Abu Dhabi. delegates and attendees throughout the year.

9 3,276 events delegates

153 178 students speakers

GPCA ANNUAL REPORT 2016 17 TH ANNUAL

11th Annual GPCA Forum 27-29 November, Dubai, UAE 2005 attendees

Global and regional industry leaders gathered in Madinat Jumeirah, Dubai on 27-29 November, 2016 for the 11th Annual GPCA Forum, GPCA’s flagship event. In line with the theme, ‘Competitiveness: Riding New Waves’, the forum offered insight into the opportunities and challenges arising from the new market dynamics and how to develop long-term strategies for sustainable business growth. Over its three-day course, the conference and exhibition attracted more than 2,000 attendees from 521 companies in 49 countries. Almost half of the delegates came from a producing company, with the remaining representing technology and service providers, government, academia, NGOs, consultants, converters and media.

An impressive line-up of speakers turned the event into an excellent opportunity to learn about the latest developments and trends in the downstream sector globally, share best practice, and meet with top industry leaders. The forum was opened by Yousef Al-Benyan, Vice Chairman and CEO of SABIC, and Chairman of GPCA, while the plenary address was delivered by H.E. Dr. Sultan Al-Jaber, UAE Minister of State and ADNOC Group CEO. Al-Benyan, urged the industry to build local capabilities and start attracting high-end manufacturing operations to the region. The message delivered by Al Jaber was one of unity, cooperation, and forming strategic partnerships. The forum’s audience was also addressed in a keynote session by Abdulaziz Al-Judaimi, Business Line Head, Downstream, Saudi Aramco, and Jim Fitterling, President and COO, Dow Chemicals, among other industry leaders.

Day 2 of the forum started with a welcome address and introduction by Dr. Abdulwahab Al-Sadoun, Secretary General,

18 GPCA ANNUAL REPORT 2016 GPCA, and continued with an inspiring presentation entitled chief executive of Orpic, and Jarmo Suominen from Neste Jacobs. ‘Exploration to change the world’ by Andre Borschberg, Chairman The forum concluded with a day 2 seminar ‘Delivering marginal and Aviator, Solar Impulse Project. Borschberg, who highlighted gains, or why the 1% really matters’ facilitated by thyssenkrupp. the role of the chemical and petrochemical industry in driving innovation around the world, was followed on stage by Graham The underlining message throughout the forum was that van’t Hoff, EVP, Shell Chemicals. Together with Tom Crotty, petrochemical and chemical producers in the Arabian Gulf Director of UK-based Ineos Group, Hoff provided insight into how can build upon decades of success by further developing their to leverage the completive advantage of an integrated energy firm. capabilities and investing in the next generation of talent. In line with its efforts to encourage more students who study STEM For the first time, the Annual Forum featured a record number of related subjects to play an active role in the downstream sector in seminars, speakers and presentations. Day 0 seminar entitled the region, GPCA launched its brand new program called Leaders ‘Understanding today’s market and preparing for tomorrow’s’ of Tomorrow. A special dedicated seminar took place on day 0 gave delegates an opportunity to hear from four leading industry enabling students to expand their knowledge, network and learn experts who provided a comprehensive analysis on current market about the skill set required to have a career in petrochemicals. A conditions and explained what actions need to be taken to ensure number of new publications covering a wide range of topics were future profitability and growth. A day 1 seminar on ‘Turnaround released during the event, including GPCA’s Members Directory strategies: Changing fortunes and competitiveness’ was led by four and ‘Facts and Figures for the GCC Chemical Industry’. The regional and global CEOs. These were Mutlaq Al-Morished from remaining were reports cobranded with leading consultancy firms. TASNEE, Danielle Ferarri of Versalis, Musab Al-Mahruqi, former

GPCA ANNUAL REPORT 2016 19 7th GPCA PlastiCon 10-12 January, Ritz Carlton, DIFC, Dubai 277 attendees

The 7th annual GPCA PlastiCon brought together delegates, industry leaders and key decision makers to Dubai on 10-12 January 2016 to engage in, analyze and discuss the state of the industry in the GCC. The conference took place under the theme ‘Evolving GCC Plastic Conversion: Technology Meets Business’, with speakers from some of the leading GCC petrochemical players including QAPCO, Sadara, SABIC, TASNEE and Petro Rabigh delivering engaging presentations on the key developments and trends in the plastics conversion industry, and the opportunities that lie ahead to generate more value. Huge emphasis was put on manufacturing products that are highly differentiated and feed into industries such as aerospace, automotive, electronics and others, in order to safeguard the business from ongoing market volatility.

PlastiCon started by highlighting the impressive growth of the GCC’s plastics industry which resulted in high revenues, access to new markets and new job opportunities throughout the last decade. In its ‘GCC Plastics Industry Indicators 2015’ report, which was released during the conference, GPCA estimated that plastics capacity in the Arabian Gulf nearly tripled between 2006 and 2015, from 9.2 million tons to 26.6 million tons, representing a cumulative annual growth rate of 11.7%. Saudi Arabia’s role as the biggest manufacturer and exporter of plastics was also highlighted in the report.

The event keynote speakers included Dr. Mohammad Al Mulla, Chairman and Vice Chairman, QAPCO and Chairman Plastics Committee, GPCA, Mutlaq Al-Morieshed, CEO, TASNEE, Musab Al-Mahruqi, then CEO of Orpic and Sanjay Sharma, VP, IHS, among others. Mutlaq Al-Morished, CEO of TASNEE, and one of the keynote speakers during the event, predicted that by 2020, world plastics consumption will reach 380 million tons a year, averaging at 42 kg per person. This poses significant opportunities for plastics manufacturers in this region. Moving forward, however, GCC producers will have to diversify their product portfolio to realize the untapped potential of differentiated and specialized higher value plastics, speakers said.

20 GPCA ANNUAL REPORT 2016 3rd GPCA Research and Innovation Summit 1-2 March, Jumeirah Beach Hotel, Dubai Attendees 156

The third successful edition of GPCA Research and Innovation Summit was held in Dubai on 1-2 March under the theme ‘Managing RandD during difficult times: Creating global competitiveness’. The summit aimed to address the challenge of how to best lead and manage Research and Development (RandD) in a low oil price environment. The key global drivers for the chemical industry in general and the challenges for the petrochemical industry in particular, were at the center of debate and discussion throughout the two days of the event.

The summit’s welcome and plenary address was delivered by Dr. Moayyed Al Qurtas, Chairman, GPCA Research and Innovation Committee. Al Qurtas reminded the audience that innovation played a crucial part in the development and progress of the petrochemical industry in the GCC which was born out of the need to utilize associated gas from oilfields. Two keynote speakers Peter H. Spitz, Founder, Chem Systems, and Dr. Tom M. Connelly, CEO, ACS and Former EVP and CIO, DuPont, discussed technology development and the innovation process.

The event included five sessions covering a variety of topics, from the strategic role of RandD in the petrochemical industry, to the different dimensions of global competitiveness and how to combine RandD with innovation to achieve better business results. The RandI Summit concluded with a workshop on Intellectual Property conducted by Heidi Adler, IPR manager, Innovation Centre, Borouge and Zayd Alathari, Director and Senior Intellectual Property Counsel, Middle East and Africa, SABIC.

GPCA ANNUAL REPORT 2016 21 8th GPCA Supply Chain Conference 2-4 May 2016, InterContinental Festival City, Dubai 339 attendees

The 8th edition of GPCA’s Supply Chain Conference was held under the theme ‘Supporting downstream development: Creating integrated supply chain linkages’. The conference highlighted the role of supply chain in developing the regional downstream sector and the challenges and opportunities associated with it. It featured 22 speakers from the region’s petrochemicals industry, logistics providers, management consultancies and academia, among whom were Mohammad Husain, CEO, EQUATE and Chairman, GPCA Supply Chain Committee, Baheej Beqawi, CEO, Almajdouie Logistics, Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region and Moneef Al-Moneef, Director – Supply Chain Project Management, Global Supply Chain CoE, SABIC.

The event highlighted key issues such as the role of technology in supply chain optimization, and the need to build modern infrastructure that can support the growth and development of the industry. Critical elements of supply chain reliability include connectivity through technological advancement and human capital, speakers said.

On day 0, a number of industry leaders from around the GCC shared their experience running some of the major ports in the region. A case study on Dammam Ports was presented as well. The day concluded with a special roundtable dedicated to students and academia.

22 GPCA ANNUAL REPORT 2016 7th GPCA Fertilizer Convention 6-8 September, Dubai 231 attendees

The 7th GPCA Fertilizer Convention, which took place on 6-8 September in Dubai, held under the theme ‘Steering the fertilizer industry through challenging times’, was opened by Khalifa Al-Sowaidi, former Chairman, GPCA Fertilizer Committee, who provided an overview of the state of the regional industry. In his keynote address Dr. Abdulrahman Jawahery, Chairman, International Fertilizer Industry Association (IFA) and President, GPIC, said the challenges that this region is facing can be turned into opportunities.

A range of topics came into focus on day 1, from different fertilizer trends and the paradigm shift in the agroindustry, to changes in nitrogen fertilizer cost position, maximizing yields, and diversified technical approaches in the fertilizer industries. Day 2 focused on the opportunities and challenges in major global fertilizer regions such as India, China, North America and Latin America, Africa and Europe. Every region was individually reviewed and analyzed in a dedicated presentation by the relevant expert.

A workshop on day 0 facilitated by IPNI and entitled: ‘4R nutrient stewardship principles and practices’ offered in-depth knowledge into the crucial subject of 4R nutrients.

GPCA ANNUAL REPORT 2016 23 3rd Sustainability Conference 11-13 October, Park Hyatt, Dubai 138 attendees

The theme of the 3rd GPCA Sustainability Conference was ‘Addressing today’s challenges: Creating a sustainable and resilient future’. The program was organized in line with eight UN Global Sustainable Development Goals, with each session dedicated to discuss and focus on one or a number of these goals. Day 1 and 2 included eight sessions in total, each focusing on a specific industry challenge and putting it in the context of UN’s goals. For instance, a session on ‘understanding sustainability risks’ was organized under the banner of Goal #12 ‘Responsible consumption and production’, while session 4 ‘Operational and resource efficiency’ covered the issues the industry faces in the context of ‘Clean Water and Sanitation’, ‘Affordable and Clean Energy’ and ‘Decent work and economic growth’. The approach largely proved that for most global challenges, a solution can be found within the chemical and petrochemical industry. It also aimed to showcase the industry’s efforts in the field of sustainability in alignment with the global sustainability agenda.

The conference kicked off with a special workshop on day 0 entitled ‘What does it take to move sustainability into the core of the business?’ The workshop was facilitated by Darin Rovere, CEO, Sustainability Excellence, Khulood Al Nuwais, Chief Sustainability Officer, Emirates Foundation and Raji Hattar, Chief Sustainability Officer, Aramex. Among the keynote speakers during the event were Ahmad Al-Ohali, CEO, Sipchem, Charles Swartz, Country President for KSA, The Dow Chemical Company, Bassam A. Al-Bokhari, Vice President Industrial Relations, Petro Rabigh, among others.

24 GPCA ANNUAL REPORT 2016 GPCA WORKSHOPS AND SEMINARS IN 2016

Methanol Seminar

GPCA hosted a methanol seminar entitled ‘Impacting Global Energy Markets’ on 15-16 February in Dubai. Industry experts GPCA analyzed global methanol markets and discussed the potential opportunities for 2016 and beyond. The event also shed light on methanol as a clean alternative fuel in several sectors and the

SEMINAR IMPACTING GLOBAL ENERGY MARKETS methanol industry’s commitment to Responsible Care. | JUMEIRAH BEACH HOTEL, DUBAI, UAE The other topics discussed included US shale gas boom and its global implications, China’s methanol economy and MTO/

CTO outlook, the opportunities in CO2-to-methanol capture and recovery, and lifesaving initiatives in methanol poisoning prevention. A special focus was given to the economic possibilities provided by the marine industry, with experts providing a snapshot on global methanol shipping, the marine fuel revolution, methanol fuel blending, and fuel cell power generation for the GCC. Renewable Energy Workshop

On 11-12 April, GPCA’s ‘Renewable Energy and Waste Management’ workshop was held in Abu Dhabi under the theme of sustainable use of resources. The workshop provided an opportunity to learn about the innovative CO2 emissions reductions that renewable energy can offer Arabian Gulf countries and discussed effective options for industrial waste minimization and sustainable industrial waste management across the region.

The speaker line up included representatives from the Royal Commission of Jubail and Yanbu, The International Renewable Energy Agency (IRENA), Jordan Renewable Energy Commission,

Kuwait United Nations Development Program, EQUATE, Kuwait SUSTAINABLE USE OF RESOURCES RENEWABLE ENERGY  WASTE Institute of Scientific Research (KISR), Saudi Aramco, Enerwhere,  APRIL   MANAGEMENT WESTIN HOTEL, ABU DHABI Q-Chem, CH2M Consultants, Veolia and National Cleaning Company. Product Stewardship Workshop

GPCA’s Product Stewardship Workshop took place on 20- GPCA 21 September in Dubai, to discuss best practice in product PRODUCT STEWARDSHIP stewardship and the benefits of implementing Responsible Care WORKSHOP Product Stewardship code. Delegates were also able to learn  SEPTEMBER  | JUMEIRAH CREEKSIDE HOTEL, DUBAI, UAE about the latest requirements in product stewardship, and how it relates to the chemical supply chains, the GCC regulatory framework and other global standards such as GHS.

Moving forward, experts focused on the Strategic Approach to International Chemicals Management (SAICM) and how the industry can contribute through the implementation of product

Supported by: stewardship. In addition, global and regional experts offered their insight into the practicalities and challenges of implementing products stewardship program in the GCC, and how to find a common approach to determining, communicating and managing www.gpca.org.ae product hazards, exposures and risks.

GPCA ANNUAL REPORT 2016 25 THOUGHT LEADERSHIP

GPCA has not only become the leading voice of the chemical industry in the GCC but also a trusted and reliable source of regional industry information which it provides on a regular basis in a series of reports, studies and newsletters. At the end of 2016, GPCA had issued over 130 publications, which are available at our online library on the official GPCA website. The total number of publications for the whole year was 16. GPCA publications are categorized as: statistical, industry-trend, co-branded, post-event and periodical.

Statistical reports:

GCC Plastic Industry Indicators 2015 phosphate (DAP). In addition, the report provides data on sales revenues and employment. The fertilizer segment is one of the This statistical report produced independently by GPCA offers an largest in the GCC’s chemical industry, accounting for 28% of its analysis of the plastics industry landscape in the GCC in 2015 total regional capacity. with a wide focus on polymer market data. It was launched at GPCA PlastiCon 2016. The report outlines the growth of the The GCC Petrochemical and Chemical Industry, Facts and GCC’s polymer industry in 2015, its diversification into higher value Figures 2015 products and its relation to both direct and indirect job creation. Released each year during the Annual GPCA Forum, GPCA’s 2015 GCC Fertilizer Industry Indicators annual Facts and Figures report contains a collection of data and The report, which was released during the GPCA Fertilizer statistics from member companies and regional and international Convention in September 2016, includes a wide range of entities. It provides comprehensive information and analysis on information about fertilizers and highlights the economic the industry’s performance in 2015, covering a range of subjects contribution of the fertilizer industry in the GCC. It also provides including production capacity, employment, trade, and research an overview of the GCC fertilizer export markets and touches on and development (RandD). Summaries of the report were the industry’s global production of urea, ammonia and ammonium published in both Arabic and English.

Post-event reports:

The main objective of GPCA’s post-event reports is to provide a summary of GPCA’s events. In 2016, GPCA published three reports in total coving the Annual GPCA Forum, GPCA Fertilizers Conversion and GPCA RandI Summit. The reports are available for download on GPCA’s main website.

26 GPCA ANNUAL REPORT 2016 Industry-trend reports:

Responsible Care Performance Report 2015: Expanding our Boundries

GPCA ‘Responsible Care Performance Report 2015’ provides an overview of the progress made by companies in the region in the area of RC. It also includes an introduction to the RC performance metrics, and covers different aspects of companies’ activities in the context of RC, including occupational health and safety, process safety, emissions and discharges, resource utilization, distribution and others.

Unlocking Open Innovation in the GCC Chemical Industry

GPCA’s report on Open Innovation aims to provide insight into the key drivers for using Open Innovation, the benefits it can have for the chemical industry, and how it can be fostered to achieve future goals. It also provides information on overall satisfaction with Open Innovation and measures its performance impact.

Co-branded reports Capturing the Multibillion Procurement Opportunity in the GCC Petrochemical Industry China Fertilizer Industry Outlook This GPCA report produced in partnership with In a co-branded report with Nexant, GPCA examined the recent McKinseyandCompany explores the opportunities to optimize cost developments and outlook in the Chinese fertilizer market, and by introducing higher supply chain efficiencies, and explains how what they mean for GCC fertilizer producers. The study also looks margins can be improved at a time of low product prices and high at the opportunities and developments in Chinese agriculture, feedstock costs. It also delves deep into the role of procurement current trends in fertilizer demand, China’s fertilizer supply and as an important contributor to margin improvement, and says international impact. reduction in spending can create significant value for GCC producers. A Regional Leadership Perspective on Sustainability Global Rules of Competitiveness Embrace GCC Chemicals In 2016, GPCA in collaboration with Sustainability Excellence, conducted a survey with CEOs of GPCA member companies MandA is providing an important alternative to global chemical to gain a regional leadership perspective on sustainability and companies as growth is less and less nurtured by breakthrough the sector. The responses from the survey were compiled into a innovation. To provide more insight into the topic, GPCA , in summary report, with some of the results shared at the 3rd GPCA collaberation with KPMG Strategy, released a report entitled Sustainability Conference held in October 2016. ‘Global Rules of Competitiveness Embrace GCC Chemicals’ which looks at the challenges and opportunities of this growing MandA trend, and its importance for GCC, Africa and Middle East producers.

GPCA ANNUAL REPORT 2016 27 Periodical publications GPCA Members Directory

GPCA’s periodicals include Insight, a quarterly newsletter co- GPCA’s Member Directory: Connecting the Gulf is published on published and produced in collaboration with ICIS, a monthly an annual basis, and provides up to date information about GPCA electronic newsletter called Insight Express, GPCA Annual Report full members. Each page includes the company’s address in the and Members Directory: Connecting the Gulf. Middle East, contact details, website, a brief description of up to 250 words, and listings of its main production facilities and Insight newsletter products. An online version of the member directory is available on GPCA’s official website and offers a customized user friendly Designed to provide in-depth coverage of the GCC chemical and search tool that allows access to different petrochemical and petrochemical industry, GPCA’s quarterly newsletter, Insight is chemical products made in the GCC. distributed to members and delegates at GPCA events. Now in its 39th edition, it includes news, interviews and analysis by and GPCA Annual Report with leading industry experts, keeping readers informed about key industry trends and new initiatives and activities undertaken by GPCA’s Annual Report is released at the start of every year GPCA and GPCA member companies. and distributed during the Annual General Meeting Assembly. It provides an yearly update on various programs, initiatives and Insight Express activities structured under GPCA’s three main pillars: Networking, Thought Leadership and Advocacy. Insight Express is a monthly electronic newsletter launched in September 2015 to provide regular news and updates to GPCA members and safeguard GPCA’s role as the voice of the industry. Released on the first Monday of each month, Insight Express, reaches over 15,000 recipients from around the globe.

GPCA publications (2010-2015)

Co-branded 16 Periodical 23 25% 15 Statistical 25% 11 2015 2016 2014 19% Post-event report 8 2013

Number of Published Reports 7 19% 2012 12% 5 Industry trend 2011

2010

28 GPCA ANNUAL REPORT 2016 Petrochemicals and Chemicals value chain in the Arabian Gulf

Generating more value from the available oil and gas resources is crucial to ensuring the long term profitability of our businesses, diversifying the local economy and creating more jobs. During its 11th Annual GPCA Forum, GPCA released ‘The Arabian Gulf Petrochemicals and Chemicals Value Chains’ poster, which illustrates the vast complexity and scale of hydrocarbon value chains and the variety of high value products that can be derived from processing different kinds of feedstock.

Petrochemicals Database

GPCA launched its improved GPCA Petrochemical Database in The exclusive members-only service is available on the GPCA June 2015, making it easier for its members to develop market website. The database now also offers flexible report generation, a intelligence on the fast-growing GCC chemical industry. Covering search function and the ability to customize the display of data in 155 products, the new and improved database provides GCC addition to downloading raw data. In addition, the database is now members, academics and media with the forecasts they need to available from a mobile device. make thoughtful and well-informed plans for the future.

The database provides information on:

Capacity Utilization

Export and Import Consumption

Capacity Trade Balance

GPCA ANNUAL REPORT 2016 29 ADVOCACY

GPCA’s advocacy strategy is catered towards addressing some of the most pressing needs of the GCC chemical and petrochemical industry including but not limited to the development of young talent, protecting our environment and enhancing the regional industry standards, while adhering to our values, goals and vision for the future.

Our youth Our environment Our industry

Committed to empowering Committed to creating awareness Committed to championing the future talent and creating about recycling and waste initiatives and programs that young leaders for the GCC management and encouraging a more continuously improve the chemical industry responsible attitude toward litter regional industry’s overall performance

30 GPCA ANNUAL REPORT 2016 Our youth

During its 11th Annual GPCA Forum, GPCA launched Leaders of Human Resources, SABIC, and many more. The seminar program Tomorrow, an initiative that supports students in the petrochemical was designed to provide both industry focused and general career sector across the GCC states. The program is designed to provide advice for those wishing to pursue a career in petrochemicals. As it university and college students with a background in Science, took place alongside the 11th Annual GPCA Forum, students were Technology, Engineering and Mathematics (STEM) an opportunity given an exclusive opportunity to network with potential future to build industry knowledge through participation at GPCA events employers and meet with peers from neighboring GCC countries. and close interaction with industry leaders. Going forward, Leaders of Tomorrow will take place alongside all The first edition of the initiative, which was powered by Dow, main GPCA conferences and forums, providing students with an attracted 75 participants from the six GCC states plus Jordan. opportunity to learn about the benefits of the chemical industry Students were able to take part in a series of interactive sessions to our everyday life, and the rewards and prospects of having a and presentations by key industry leaders including Mohammad career in petrochemicals. Husain, CEO of EQUATE, Abdulaziz Al-Oudan, EVP, Corporate

GPCA ANNUAL REPORT 2016 31 Our environment

2016 saw the fourth edition of Waste Free Environment (WFE), awareness about the campaign and its wider objectives. Another GPCA’s flagship campaign that aims to spread awareness among new element tailored to suit school children involved ‘edutainment’ the public, and school children in particular, about responsible activities on site to ensure a hands on and memorable experience. waste disposal, the challenges associated with littering and the importance of recycling plastics. In 2016, WFE won ‘Best Corporate Social Responsibility Initiative of the Year’ at the 7th Oil and Gas and Refining and Petrochemicals For the fourth year in a row, WFE posted a growth in both plastic Middle East Awards. Last year’s campaign involved collaborations waste collection and participation. With over 11,787 participants, with Borouge, Sabic, Fertil, Chemaweyaat, Shell, LBI, Sadara, an increase of 8% from 2015, volunteers joined hands in 10 Schem, Equate, ORPIC, GPIC, Royal Commission Jubail, Sahara, countries, 17 cities and 28 locations. In total, more than 179 tons Tasnee, Advanced, Farabi, Sipchem, Muntajat, QAPCO and S.A. of waste was collected and safely transported to recycling facilities, Talke. giving new life to waste. WFE continued to extend its global reach, with activities taking place in Europe and Asia, and for the first time Waste Free Environment is a multi-stakeholder initiative of the ever in China and Singapore. GPCA Plastics Committee which falls under GPCA’s broader advocacy efforts. Going forward, the campaign will aim to expand Last year, we focused more on the educational component of the into new countries and continents, and focus on highlighting the campaign by organizing school visits around the region to raise benefits of plastics to society, people and modern day life.

32 GPCA ANNUAL REPORT 2016 Our industry

Responsible Care The latest edition of the annual RC Performance Report was published and shared with delegates during the GPCA th GPCA’s Responsible Care journey completed its 7 year since Sustainability Conference on 11-13 October in Dubai. The the adoption of this global initiative in the region. GPCA member report highlighted for the first time, statistical data relating to companies’ efforts towards Environment, Health, Safety and activities ‘beyond our fence lines’ as GPCA extends the reach of Security (EHSS) excellence was evident from the improvement Responsible Care to its logistics partners, aimed at increasing the trends in performance metrics and excellent engagement of focus of EHSandS performance reporting throughout the industry’s member companies, Responsible Care Committee and associated product supply chain. sub-committee and task forces. This year, GPCA Board of Directors also agreed to increase the 2016 witnessed the successful completion of three task forces: level of transparent reporting further by supporting the presentation Renewable Energy, Industrial Waste and Product Stewardship, of company level data, as appropriate, instead of regional which completed their charters, culminating in two successful consolidated data. GPCA has also invested in an IT platform workshops both of which were actively supported by members whose primary aim is to provide full and associate member and non-members. companies an opportunity to upload their own performance data, In recognition of their potential regional benefits, both Industrial and benchmark themselves against industry peers. The system Waste and Product Stewardship task forces will continue to a will ‘go live’ in April 2017, and offer many additional efficiency second phase, with Industrial Waste focusing on implementation improvements. and Product Stewardship focusing on a regional solution to comply Finally, building on the success of the Gulf SQAS, a pilot study with the UN Global Harmonization System requirements. was carried out to assess the feasibility to extend the reach Building on this achievement, the RC Committee has launched of Responsible Care to include associate member logistics two additional task forces, namely, Energy Efficiency and Climate companies. After a successful pilot, GPCA is expecting to launch Change, and a task force to establish a ‘member company peer RC for logistics companies in March 2017. In addition to having review’ process promoting cross-learning. the collective goal to improve EHSSandQ standards of logistics operations, which Responsible Care will promote, it is hoped that this initiative will boost associate membership.

GPCA ANNUAL REPORT 2016 33 Gulf SQAS International trade

2016 saw a major milestone for GPCA, with Gulf SQAS fully In relation to its activities on international trade, GPCA initiated implemented across the entire GCC region. Although the initial several advocacy campaigns aimed at promoting open markets target was 50 completed assessments, in total 60 assessments and free trade. In 2016 more emphasis was put on capacity were achieved, representing a 160% increase year on year. building.

Several additional developments occurred during 2016. These The GPCA International Trade Committee together with GPCA included the launch of a third, Tank Cleaning module, following a secretariat team spent significant time and effort building relations successful pilot. A driver handbook template was also published, with GCC regulators and taking part in key meetings and enabling transport companies to create their own version, and a discussions in the region and globally. A number of webinars were multi-language translation tool ‘Qamus Al-Embad’ was created to organized to facilitate knowledge sharing and discussion on key support the interface between a driver and the loading terminal. In issues and their impact on the region, including Brexit, the return addition, regional capacity increased, with two additional assessors of Iran to international energy markets, and the practice of erosion being fully accredited, raising the total to four. and profit shifting (BEPS).

To raise the level of awareness of Gulf SQAS in the region, GPCA has provided support and continues to do so for the GCC- outreach workshops were held in Oman and Qatar. The workshops China FTA negotiations. The association worked actively with the were organized with the support of Orpic and Muntajat, and ICCA on developing the global industry’s position in favor of a attended by other petrochemical manufacturers. Based on the plurilateral tariff-liberalization agreement concerning chemicals at level of involvement, it is expected that both countries will witness the World Trade Organization. growth in Gulf SQAS in the coming months. It also joined the ICCA and ACC on the Global Regulatory Supported by the Supply Chain Committee, there is an overall Cooperation TF and is working to bring an industry capacity direction to expand the use of Gulf SQAS to include inbound and building workshop on ‘Industry Coordination and Regulatory outbound goods. This will be a key area of focus for 2017. Cooperation’ to the GCC. GPCA continues to collaborate with the ICCA against the preferential treatment of environmental goods To address the lack of consistent regional regulations for carriage w.r.t. tariffs. As a result of GPCA relentless advocacy efforts, over and handling of dangerous goods, a cross-border and international the years total business interest upheld in the region reached USD concern, during 2016 a task force was established to develop a 50 million. regional framework, with the ultimate goal to promote it to relevant government entities.

34 GPCA ANNUAL REPORT 2016 GPCA Plastics Excellence Awards

GPCA held another successful 6th edition of its Plastics Excellence In no particular order, the 2016 winners of GPCA Plastics Excellence Awards in Dubai. The awards, which took place during the 7th GPCA Awards are: PlastiCon, were launched to recognize and honor talent, excellence Joint Development/Improvement of a new Product or and ingenuity across the entire plastics value chain in the Arabian Application – Resin Producer and Plastic Converter Gulf. Joint winners: SABIC in partnership with Innovation Construction Each year, an esteemed judging panel of industry experts come Co. and Al Jawdah and Borouge in partnership with Concept Piping together to assess individual and collective effort in the fields of Systems material usage, new product design and application, optimized Joint Development/Improvement Project – Machinery manufacturing processes and environmental performance. Manufacturers and Plastic Converter Companies and individuals, including students, suppliers and OEM Winner: EREMA Engineering Recycling in partnership with Technovaa manufacturers, can all take part and receive recognition for their outstanding initiatives and achievements in the field of plastics Innovation Excellence in Plastic Products and Processes conversion. A special feature in GPCA Plastics Excellence Awards Winner: Union Pipes Industry is a specialized student category called ‘Fikra: Rising Stars of the Best Sustainability Initiatives in Plastics Conversion Plastics Industry Competition’. Winner: Twyla Recycling Co.

Since their inception in 2011, the GPCA Plastics Excellence Awards Best Researcher in Plastics have been established as the premier platform for celebrating Winner: Dr. Yahya Banat, SABIC TandI excellence across the GCC plastics and plastics conversion industry. Fikra-Rising Stars of the Plastics Industry-Students Award Over the years, the number of entries has almost doubled to 191, Winner: Haneen Abdelrazeq, Qatar University with 25 exceptional ideas and products recognized to date.

GPCA Supply Chain Excellence Awards

In 2016 GPCA launched its Supply Chain Excellence Awards to awards were open for nominations from region based public and recognize companies and organizations which have contributed private supply chain organizations, logistics service providers, to the growth of the petrochemical industry and raised the bar academic institutions contributing to supply chain function in the for excellence in supply chain operations within the GCC. The chemical industry in the GCC and students pursuing academic awards, which took place on 3 May during the GPCA Supply programs in Supply Chain or Logistics Management. Chain Conference in Dubai, provided a fantastic opportunity for 2016 winners included DP World, Maersk Line and Yanbu organizations and individuals to take the stage during a spectacular University College who won first place for Supply Chain Innovation, ceremony and receive recognition for their vision, leadership and Supply Chain Sustainability and Best GCC Academic Institution in innovation in supply chain management. Supply Chain respectively. The special student Rising Star in Supply Applicants could take part in four award categories covering Chain award was claimed by Bahraini student Amal Alsaffar for innovation, sustainability, and academia including a special Rising her research on the green supply chain for GPIC’s urea fertilizer Star in Supply Chain Award dedicated for GCC students. The distribution.

GPCA ANNUAL REPORT 2016 35 Looking forward

With a number of positive developments at the end of 2016 In an increasingly competitive industry landscape, GCC chemical including OPEC’s production cut deal and the subsequent and petrochemical producers will continue to explore growth advancement of crude oil prices, the outlook for the petrochemical opportunities in the region and overseas, and focus their efforts on industry in 2017 remains positive. This is particularly true for the asset consolidation at home. Economic diversification, job creation Arabian Gulf region where major projects developments are due to and the strategic development of new industries will remain a top take off the ground. As the much anticipated large scale complex priority for the region, and the chemical and petrochemical sector Sadara and Petro Rabigh 2 become fully operational in the coming will acts as a key enabler to realizing this vision. months, an array of new, high value products will arrive in the In support of these efforts by both industry and government, we region. at GPCA will continue to spearhead the regional agenda through We will continue to see a growing focus on value-added products our advocacy, thought leadership and networking activities. In which will stimulate a new set of downstream industries, such as 2017, innovation will be the main driver behind our aspirations to the synthetic rubber industries, and subsequently create more jobs add continual value to our members, extend our global reach and for the local youth. The launch of several specialized vocational continue to grow through expanding our Research and Studies institutes including the Higher Institute for Rubber Industries department and attracting new talent, among others, to further in Yanbu, Saudi Arabia is just one example of the long-term develop our capabilities. commitment by downstream players in the region to develop local talent and invest in the future workforce.

36 GPCA ANNUAL REPORT 2016 The GPCA secretariat team

Dr. Abdulwahab Al Sadoun Secretary General

Accounts Shelley Parr Membership and Administration Senior Events Operations Specialist Ashraf N Nazia Sarfaraz Ammara Shahiryar Senior Finance and Administration Officer Senior Membership and HR Officer Events Operations Officer Analee Candelaria Jobelle Barsarsa Karen Tiosan Events Accounts Officer Receptionist Events Sales Officer Ahmad Shah Committees Marketing and Communications Office Assistant

Udit Arora Dima Horani Research and Studies Committees Coordinator Acting Head of Marketing and Quennie Pacaldo Communications Nuriya Ismagilova Committees Assistant Research and Studies Officer Sophia Lara Abdullah Communications Officer I.T. Responsible Care and Gulf SQAS Slavka Atanasova Wesam Issa Content and Media Specialist Alan Izzard Senior IT and Website Officer Jimmy Mendoza RC and Gulf SQAS Director Graphic Designer Mark Appleyard Events Sarah Malas Task Force Leader Gaurav Paul Marketing Coordinator Kashif Rasheed Membership and Int. Relations Manager, Aya Malouf Senior Responsible Care Specialist Acting Head of Events Marketing and Communication Intern

GPCA ANNUAL REPORT 2016 37 GPCA MEMBERS

FULL MEMBERS

BAHRAIN QATAR Qatar Vinyl Company (QVC) Farabi Petrochemicals P.O.Box 24440 Company Gulf Petrochemical Industries Qatar Chemical Co. Ltd. Doha P.O.Box 11763 Company (GPIC) (Q-Chem) Al Jubail Industrial City P.O.Box 26730 P.O.Box 24646 Tel: +974 4 476 5888 Post Code 31961 Manama Amwal Tower,1st Floor, Fax: +974 4 476 5704 Omar Al Mukhtar Street, www.qvc.com.qa Tel: +966 1 3 356 5112 Tel: +973 1 773 1777 Doha Fax: +966 1 3 356 5009 Fax: +973 1 773 1047 www.farabipc.com www.gpic.com Tel: +974 4 484 7104/7111 Fax: +974 4 483 7379 SAUDI ARABIA NAMA Chemicals www.qchem.com.qa P.O.Box 11919 Advanced Petrochemical Palm Center, KUWAIT Qatar Fertilizer Co. (QAFCO) Company Entrance B1, 2nd floor P.O.Box 50001 P.O.Box 11022 Jubail Industrial City 31961 EQUATE Petrochemical Mesaieed, Doha Al Jubail Industrial City Company Post Code 31961 Tel: +966 1 3 347 8888 P.O.Box 4733 Tel: +974 4 4228001/888 Fax: +966 1 3 347 8666 Safat 13048 Fax: +974 4 4772266 Tel: +966 1 3 356 6001 www.nama.com.sa Kuwait www.qafco.com.qa Fax +966 1 3 356 6065 www.advancedpetrochem.com National Petrochemical Industrial Company (NATPET) Tel: +965 1 898 888 Qatar Fuel Additives Co.ltd. Fax: +965 2576 5708 (QAFAC) Alujain Corporation P.O.Box 4459 www.equate.com P.O.Box 22700 P.O.Box 50575 Jeddah 21491 Doha Future Business Center, Kuwait Aromatics Company 8345 Essa Al Adawi St., Tel: +966 1 2 604 8610 Mina Abdullah Refinery Tel: +974 4476 6777 Al Gharbyya-Unit No. 2 Fax: +9661 2 652 9380 (Admin building) Fax: 974 4 477 3554 Jeddah 22231 – 3746 www.natpetpp.com 70 Safat - 13001 Kuwait www.qafac.com.qa Tel: +966 1 2 652 9919 Rabigh Refining and Petrochemical (PETRO RABIGH) Tel: +965 2388-3866 Qatar Petrochemicals Company Fax: +966 1 2 652 9949 Fax: +965 2388-499 Ltd. (QAPCO) www.alujaincorp.com P.O.Box 666 P.O.Box 756 Rabigh 21911 Petrochemical Industries Doha Astra Polymer Compounding Company (PIC) Co, Ltd. Tel: +966 1 2 425 8888 P.O.Box 1084 Tel: +974 4033 8000 P.O.Box 30740 Fax: +966 1 2 425 8889 Safat 13011 Fax: +974 4 477 7724 Al Khobar 31952 www.petrorabigh.com www.qapco.com Sadara Chemical Company Tel: +965 2 385 1010 Tel: +966 1 3 861 2677 Fax: +965 2385 1522 Qatar Petroleum (QP) Fax: +9661 3 861 2676 P.O.Box 39777 www.pic.com.kw P.O.Box 3212 www.astra-polymers.com Dhahran 31942 WestBay, Al Dana Tower, 14th Floor, Office # 1404 CHEMANOL Tel: +966 1 3 813 5999 Doha P.O.Box 3139 ext. 1110 Novotel Business Park, Fax: +966 1 3 813 5828 Tel: +974 4 440 2000 Tower 3, First Floor, www.sadara.com Fax: +974 4 013 9529 Dammam Khobar Highway, www.qp.com.qa Tel: +96613 8144 685 Fax: +96613 8144 678 www.chemanol.com

38 GPCA ANNUAL REPORT 2016 Sahara Petrochemicals S-Chem Salalah Methanol Company, Abu Dhabi Polymers Co. Ltd. 6894-Industrial City, P.O.Box 11221 LLC (Borouge) Unit No. 1 Jubail Industrial City P.O.Box 316 P.O.Box 6925 Jubail 35725-4801 Post Code 31961 PC 217, Aquad Borouge Tower,Sheikh Salalah Khalifa Energy Complex, Tel: +966 1 3 356 7700 Tel: +966 1 3 358 1760 Corniche Road Fax: +966 1 3 358 9900 Fax: +966 1 3 358 5192 Tel: +968 2321 8800 Abu Dhabi www.saharapcc.com www.cpchem.com Fax: +968 2321 8880 www.smc.co.om Tel: +971 2 70 80000 Saudi Basic Industries TASNEE Fax: +971 2 607 0111 Corporation (SABIC) P.O.Box 26707 www.borouge.com P.O.Box 5101 Building C3, Business Gate, Riyadh 11422 Eastern Ring Road (Airport UNITED ARAB EMIRATES Ruwais Fertilizer Industries Road), Riyadh 11496 (FERTIL) Tel: +966 1 1 225 9689 Abu Dhabi National Chemicals P.O.Box 2288 Fax: +966 1 1 225 9660 Tel: +966 1 3 359 6666 Company (ChemaWEyaat) Sheikh Khalifa Energy www.sabic.com Fax: +966 1 3 359 7202 P.O.Box 43237 Complex, Khalifa Street www.tasnee.com IPIC Square, Muroor (4th) Abu Dhabi Saudi Arabian Mining Company Road (Ma’aden) Abu Dhabi Tel: +9712 602 1111 P.O.Box 68861 Fax: +9712 602 1155 Abu Baker Al Siddique St. SULTANATE OF OMAN Tel: +971 2 602 0000 www.fertil.com Riyadh 11537 Fax: +971 2 635 9259 Oman Methanol Company LLC www.chemaweyaat.com Tel: +966 1 1 874 8322, P.O.Box 474 +966 1 1 874 8482 Postal Code 322, Abu Dhabi National Oil Fax: +966 1 1 874 8329 Falaj Al-Qabail, Sohar Company (ADNOC) www.maaden.com.sa P.O.Box 898 Tel: +968 2686 5800 Corniche Road (W), Saudi Aramco Fax: +968 26850540 Bainouna St, P.O.Box 5000 www.omanmethanol.com Abu Dhabi Dhahran 31311 Oman India Fertilizer Co. SAOC Tel: +971 2 602 3545 Tel: +966 1 3 874 6106 (Omifco) Fax: +971 2 602 3712 Fax: +966 1 3 873 4287 P.O.Box 67 www.adnoc.ae www.saudiaramco.com Sur 411 Abu Dhabi Oil Refining Co. Saudi International Tel: +968 2 553 2000 (TAKREER) Petrochemical Company Fax: +968 255 62849 P.O.Box 3593 (SIPCHEM) www.omifco.com Abu Dhabi P.O.Box 130 Al Khobar 31952 ORPIC Tel: +971 2 602 7040 P.O.Box 3568 Fax: +971 2 602 7050 Tel: +966 1 3 357 4802 Mina Al Fahal, Muscat, www.takreer.com Fax: +966 1 3 359 9610 PC: 112 www.sipchem.com Tel: +968 2210 5000 Fax: +968 2685 1211 www.orpic.om

GPCA ANNUAL REPORT 2016 39 ASSOCIATE MEMBERS

BAHRAIN CANADA Brenntag Holding GmbH INDIA Stinnes-Platz 1, Middle East Carbon Dioxide Nova Chemicals Corporation Muelheim an der Ruhr, Finolex Industries Limited WLL P.O.Box 2518 45472 D-1/10 MIDC Bldg. 3068 Road 3641,Block 1000 Seventh Avenue SW Chinchwad Tel: +49 2087 8280 636, Ma’ameer Calgary, T2P 5C6 Fax: +4920 8 782 8698 Pune 411 019 www.brenntag.com Tel: +973 1770 8200 Tel: +1403 750 3600 Tel: +91 20 2740 8200 www.airliquide.com Fax: +1 403 750 3940 Helm AG Fax: +91 20 2747 4444 www.novachem.com Nordkanalstrasse 28 www.finolex.com Nexant Limited D-20097Hamburg Reliance Industries Limited P.O.Box 20705 Deutschland Level 22, West Tower 3rd Floor, Maker Chamber IV, Building, Bahrain Financial DENMARK Tel: +49 40 23750 Nariman Point, Harbour, King Faisal Fax: +49 40 237 51845 Mumbai - 400 021 Highway Manama Haldor Topsoe A/S www.helmag.com Haldor Topsøes Allé 1, Tel: +91 22 227 85000 Tel: +973 1750 2964 DK - 2800 Kgs. Lyngby LANXESS Deutschland GmbH Fax: +91 22 4061 3199 Fax: +973 1750 3030 Kennedy Platz 1 www.ril.com www.nexant.com Tel: +45 4527 2000 50569 Cologne Fax: +45 4527 2999 Supreme Petrochem Ltd. Norgas Carriers PTE Ltd www.topsoe.com Tel: +49 221 8885 8492 5th Floor, Bldg. No. 11 Kanoo Shipping Building Fax: +49 221 8885 9887 Chakala, Andheri (East) Block 337, Flat no. 12, Road www.lanxess.com Mumbai 22, Um Al Hassam Avenue EGYPT The Linde Group Tel: +91 22 6771 0000 Tel: +973 1710 2820 Klosterhofstr.1 Fax: +91 22 6709 1924 Fax: +973 1710 4707 Air Liquide Egypt 80331 Munich www.supreme.co.in www.norgas.org 25 Misr Helwan, Agriculture Road, El Maadi, Cairo Tel: +49 89 357 5701/ +971 2 698 1400 Tel: +202 2768 7600 Fax: +49 89 357 57 1075/ Fax: +202 2378 0048 IRAN +971 2 698 1499 BELGIUM www.airliquide.com www.linde.com Bakhtar Commercial Company Group Gheys Logistics No. 1286, North Karegar Voortstraat 19 2400 Mol Ave., Tehran FRANCE Tel: +32 1 481 2121 HONGKONG Tel: +98 21 60962102 Fax: +32 1 481 6655 Arkema France Fax: +98 21 6096 2104 Sara Offshore Services Limited www.gheys.com 420, Rue d’Estienne d’Orves www.bcco.co 92705 Colombes CEDEX Unit B, 19/F, Harco Group sa/nv Yardley Commercial Persian Gulf Petrochemical 390 Avenue Louise Tel: +33 1 4900 8080 Building, 3 Connaught Road Industry Co. 1050 Brussels Fax: +33 1 4900 5340 West, Hong Kong No.38 Karimkhan Zand Blvd, www.arkema.com 4th Tir Sq Tel: +32 2 673 2744 Tel: +85 2285 43018 Tehran 1584893313 Fax: +32 2 672 6450 www.mohinani.com Tel: +982 1 888 20494 www.harcogroup.be Sinopec Chemical Commercial Fax: +982 1 888 22085 GERMANY http://pgpic.ir Milliken Europe BVBA Holding (Hong Kong) Company Ltd. Petrochemical Commercial HAM 18-24, B-9000 Gent A.Schulman Europe GmbH and Company (PCC) Co KG Unit 2401, 24 Floor, Office . P.O.Box 19395/4619 Tel: +961 7 062 3811 Huettenstr. 130-138, Tower, Convention Plaza, 1 Harbour Road, Wan Chai Zip Code : 1969713113, No. Fax: +32 9 265 1195 50170 Kerpen 2499,Vali asr Ave . Vanak Sq. www.millikenchemical.com Tehran Tel: +49 2273 561 0 Tel: +971 4 426 9514 Fax: +49 2273 561345 Fax: +971 4 426 9500 www.sinopec.com Tel: +98 21 8285 2460 www.aschulman.com Fax: +98 21 8888 1735/ +98 21 8285 3002 www.petrochem-ir.net www.irpcc.com

40 GPCA ANNUAL REPORT 2016 Shazand Petrochemical Shuaiba Oxygen Company POLAND Qatar Industrial Manufacturing Company P.O.Box 23192 Company (QIMC) P.O.Box 1968913751 Mina Abdullah area 4 Block Chem Poland S.A. P.O.Box 16875 No. 68, Taban St. Vali-e-Asr 72 Street MA7 Marszalkowska 89 Al Corniche Street, Safat 13092 Ave. Tehran 00-693 Warsaw West Bay, Doha Tel: +965 2291 3686 Tel: +974 44 344222 Tel: +98 21 82122901 Tel: +48 222 741 975 www.airliquide.com www.qimc.com.qa Fax: +98 21 886 74126 Fax: +48 224 648 408 www.arpc.ir www.chempoland.com Third Coast International (Qatar) W.L.L. LEBANON Inter-Global Ltd. P.O.Box 32522 Stary Staw 9 41st Floor, Palm Tower, JAPAN RN Chemicals sarl 63-400 Ostrów Wlkp West Bay, Doha P.O.Box 90575 Japan Saudi Arabia Methanol Dora - Seaside Highway - Tel: +486 2 737 8821 Tel: +974 44 528054 Co. Inc. Industrial Zone - Njeim Bldg. Fax: +486 2 735 1584 www.thirdcoast Tokyo Sakurada Building, and Warehouses www.inter-global.com.pl internationalqatar.com 1-1-3 Nishi-Shinbashi Beirut 90575 Minato-ku, Tokyo Total Refining and Chemicals 105-0003 Tel: +961 1 263119 P.O.Box 5177 Fax: +961 1 263114 PORTUGAL Doha Tel: +81 33 5933542 www.RNchemicals.com Fax: +81 33 5933544 RNM Produtos Quimicos Tel: +974 44 208350 Societe d’Oxygene et Rua da Fábrica,123 Fax: +974 44 980794 d’Acetylene Du Liban (SOAL) Apartado 1003,4765-080 www.totalrefiningchemicals.com P.O.Box 175523-11042050 Carreira, Vila Nova de Al-Sahel Street,Chekka, Famalicão KUWAIT Beirut Gulf Investment Corporation Tel: +35 125 290 0400 Tel: +961 6 543 381 Fax: +35 125 290 0409 RUSSIA P.O.Box 3402 Fax: +961 1 692 386 www.grupornm.pt Safat, Postal Code: 13035 www.airliquide.com Sibur Kuwait 16/1 Krzhizhanovskogo St. Moscow, GSP-7, 117997 Tel: +965 2222 5474 QATAR Fax: +965 2222 5181 MOROCCO Tel: +7 495 777 55 00 www.gic.com.kw Fax: +7 495 777 55 00 32 72 Air Liquide Maroc GASAL QSC www.sibur.ru Ikarus Petroleum Industries BD Ben Aissa Ejjarouani P.O.Box 24983 P.O.Box 551 (Ex H) Ain Sebaa Salam Tower 13th Floor, Yarmouk 72656 Casablanca 20400 Al Corniche, Doha

Tel: +965 249 65885 Tel: +212 522 6789 75 Tel: +974 4402 0401 SAUDI ARABIA Fax: +965 2496 5886 ww.airliquide.com Fax: +974 44 93 43 26 Abdulrahman Al Otaishan www.ikarus.com.kw www.airliquide.com Group Qatar Chemical and Qurain Petrochemical P.O.Box 6978 Petrochemical Marketing Industries Company Dammam 31452 PAKISTAN and Distribution Company P.O.Box 29299 (Muntajat) Q.J.S.C. Tel: +966 13 811 6048 26 Floor, KIPCO Tower, Polymer Access Pvt. Ltd. P.O.Box 24445 Fax: +966 13 811 6133 Khalid Bin Al-Waleed Street, Suite No. 309, Progressive Al Dana Tower, West Bay www.al-otaishan.com.sa Sharq, Sabahaya, Plaza, Beaumont Road Doha Safat 13153 Karachi 75530 Air Liquide Arabia Tel: +974 40 211000 P.O.Box 2335 Tel: +965 22 943232 Tel: +92 21 1110 52052 Fax: +974 40 13­­9140 Al-Tuwairki Tower, 15th Floor, Fax: +965 2321 1922 Fax: +92 21 3568 6274 www.muntajat.qa Khobar-Dammam Highway, www.qpic-kw.com www.polymerxs.com Al-Khobar 31952

Tel: +966 13 836 6668 Fax: +966 13 802 1017 www.airliquide.com

GPCA ANNUAL REPORT 2016 41 Air Liquide Khafrah Industrial Alfred Talke Global Company for Katoen Natie Khonaini Co. Ltd. Gases P.O. Box 10610 Downstream Industries P.O.Box 30 P.O.Box 43239 Jubail Industrial City 31961 (GDI) Jubail 31951 2nd Industrial Area P.O.Box 285121 Riyadh Tel: +966 1 3347-3222 Office VIP-I, Tel: +966 1 3361 7518 Fax: +966 13347-2555 Building No. 6846, Fax: +966 1 3362 2746 www.knksa.com Tel: +966 11 498 1286 www.aljabr-talke.com King Fahad Road, Fax: +966 11 498 1284 Olaya District, A.T. Kearney Riyadh 12331 KBR www.airliquide.com P.O.Box 230888 P.O. Box: 2959 Tel: +966 11 464 3879 Al Khobar 31952 Al Bilad Catalyst Co Ltd King Faisal Foundation Building. South Tower, Fax: +966 11 464 0941 P.O.Box 10174 www.addargroup.com Tel: +966 13 851 6807 St 198 Secondary Industrial 7th Floor,Office FS07A,King Fax: +966 13 851 6667 Fahad Highway,Olaya Park, Jubail Industrial City Globe Group www.kbr.com District Riyadh 31961 P.O.Box 1814 31441 Dammam KPMG Al Fozan and Al Sadhan Tel: +966 13 358 9080 Tel: +966 11 290 5200 Fax: +966 13 358 1312 Fax: +966 11 206 1258 Tel: +966 1 3835 2222 P.O.Box 92876 www.bilad-catalyst.com www.atkearney.com Fax: +9661 3835 1222 KPMG Tower, Salahudeen www.globemarine.com.sa Al Ayoubi Road, AYTB, Al Yusr Industrial Al Majdouie Derijke Logistics Malaz District, Riyadh 11663 Contracting Co. Ltd. Co. Ltd. Gulf Chemicals and Industrial P.O.Box 10270 Oils Company Tel: +966 11 874 8500 P.O.Box 336 Support Industries Area Fax: +966 11 874 8600 King Fahd Road P.O.Box 3942 1 Tareeq 124/175, Jubail Second Industrial City www.kpmg.com.sa Dammam 31411 Industrial City 31961 Dammam 31481 National Chemical Carriers Ltd. Co. Tel: +966 1 3819 8192 Tel: +966 13 343 7700 Tel: +966 13 812 1022 P.O.Box 8931, Office 537, Fax: +966 13 811 4192 Fax: +966 13 341 2044 / Fax: +966 13 812 1170 5th Floor, Aqaria Bldg 2, www.almajdouie.com 341 2176 / 341 1587 www.gcir.com.sa www.aytb.com Olaya St, Riyadh 11492 Aldrees Petroleum and Gulf Strategy Est. for Tel: +966 11 419 1390 Transport Services Company BAFCO International Shipping Commercial Services Fax: +966 11 419 1577 P.O.Box 609 and Logistics Co. Ltd. P.O.Box 32034 www.ncc.sa.com Riyadh 11421 P.O.Box 1291 Al-Khobar 31952 Office No: 2-5; 1st Floor, Al National Petrochemical Bilad Bank Building; King Tel: +966 11 235 5555 Tel: +966 13 867 5316 Company (Petrochem) Fax: +966 11 236 6666 Abdulaziz Street Fax: +966 13 867 5318 Al Jubail 31951 P.O. Box: 99833 www.aldrees.com www.gulfstrategy.net Riyadh 11625 Tel: +966 133624 333 Himmah Logistics Company Al Rajhi Ekhwan Group Fax: +966 133626 716 Tel: +966 11 219 2522 P.O Box 102993 Fax: +966 11 21 92523 P.O.Box 26660 www.bafcointl.com King Abdullah Road 1st Floor, Al Mas Plaza, 1st floor, 105, Jarir Building NAPCO Flexible Packaging Prince Muhammad Bin Crescent Transportation Co. Ltd Riyadh 11685 Abdulaziz st P.O.Box 1232 Division Riyadh 11496 Al Khobar 31952 Tel: +966 11 245 5144 P.O.Box 538 Fax: + 966 11 240 8739 1st Industrial City, Tel: +966 11 462 0036 Tel: +966 3 858 0304 www.himmahlogistics.com Dammam 31421 Fax: +966 11 462 9396 Fax: +966 3 814 0360 www.alrajhiekhwan.com www.crescent- Industrialization and Energy Tel: +9661 3 847 3040 transportation.com Services Company (TAQA) Fax: +9661 3 847 1484 Al Rajhi Holding Group P.O.Box 28589 www.napcogroup.com P.O.Box 18927 Environment Development Co. Riyadh 11447 Riyadh 11425 Ltd. (EDCO) Pan Gulf Holding Co. Tel: +966 11 291 1111 P.O.Box 10183 P.O.Box 2473 Jubail Industrial City 31961, Etxn: 222 Tel: +966 11 511 8888 Al Khobar 31952 Jubail 2, Road 274/T-311 Fax: +966 11 291 8555 Fax: +966 11 511 8873 www.taqa.com.sa Tel: +96 16 3 867 0444 www.alrajhi-holding.com Tel: +966 1 3367 0026 Tel: +966 1 3367 0200 Ingenia Polymers Co. Ltd. Fax: +966 13 896 2497 www.edco.com.sa P.O.Box 11027 www.pghco.com Jubail Industrial City 31961 Petrochemical Conversion Tel: +966 13 341 8793 Company (PCC) Fax: +966 13 341 8934 P.O.Box 11660 www.ingeniapolymers.com Jubail Industrial City 31961

Tel: +966 13 356 4150 Fax: +966 13 356 4120 42 GPCA ANNUAL REPORT 2016 www.saudipcc.com Reda Chemicals Zamil Chemical and Plastic Quincannon Asia Pte. Limited SWITZERLAND P.O.Box 2923 Industries Co. Ltd. (Zamil PWC Building, Al Bustan Area, ChemPlast) 8 Cross Street #09-06, Clariant International LTD. ABT Building, 2nd Floor, P.O.Box 9 Singapore 048424 Postal Code: 4133 Khobar-Dammam Zamil ChemPlast Holding, Hardstr. 61 Expressway, Zamil House Tower, Tel: +65 6533 0069 Pratteln Al-Khobar 31952 Al-Khobar 31952 www.quincannon.com Tel: +973 17556 307 Tel: +971 4 332 5100 Tel: +966 13 882 4888 Fax: +973 17556 309 Fax: +971 4 332 5200 Fax: +966 13 812 1477 www.clariant.com www.redachem.com www.zamilchemplast.com SOUTH KOREA Kolmar Group AG Rowad Plastic Group Alba Corporation 4th Floor, Metalli, P.O.Box 29452 TEBA House 18, Baarerstrasse 18 Zug 6300 2nd Industrial Area, SINGAPORE PyeongChang 30-Gil, Riyadh 11457 Jongno-gu, Seoul Tel: +4141 727 5700 Gemoil (Singapore) Pte Fax: +41 41 727 5701 Tel: +966 11 265 1966 Tel: + 822 757 0331 Ltd www.kolmargroup.com Fax: +966 11 265 1973 7 Temasek Boulevard, Fax: + 822 757 0332 www.rowadplastic.com #14-09 Suntec Tower One, www.albacorp.com Songwon International AG Singapore 038987 Walzmühlestrasse 48 Royal Commission for Jubail and Yanbu Tel: +65 633 85858 CH-8500 Frauenfeld Travenfeld P.O.Box 5964 www.gemoil.com.sg SULTANATE OF OMAN Riyadh 11432 Inge Steensland Singapore Tel: +41 52 635 0000 Air Liquide Sohar Industrial Tel: +966 11 2649014 PTE LTD Fax: +41 52 635 0001 Gases LLC Fax: +966 11 479 3471 25 Church Street, #03-01, www.songwonind.com P.O.Box 66 www.rcjy.gov.sa Capital Square Three Postal Code: 327 Trammo AG Singapore SADIG Sohar Prime Tower, Hardstrasse 201 CH-8005, Zurich 3909 Prince Mamdooh Bin Tel: +49 482 65 6536 1662 Abdulaziz-Sulaymaniyah Tel: +968 2685 0200 www.steensland.com Tel: +41 58 451 1444 Postal Code: 12242,7574 Fax: +968 2685 0203 Fax: +41 58 451 1464 Riyadh www.airliquide.com Integra Petrochemicals Pte Ltd www.trammochem.com 2 Battery Road #22-01 Tel: +966 11 293 6115 Gulf Plastic Industries Maybank Tower, Singapore www.sadig.com.sa Co.,SAOG 049907 P.O.Box 55 Saudi Printing and Packaging Road No 15, THAILAND Tel: +65 6220 9895 Company Rusayl Industrial Esate Fax: +65 6220 2908 6th Floor Al Nakheel Tower, Pc 124, Muscat Indorama Ventures PCL Kind Fahad Road, Riyadh, www.integra-global.com 75/102 Ocean Tower 2, Tel: +968 24 446688 37th Floor, Sukhumvit Soi Mercuria Energy Trading Pte Tel: +966 11 2032022 Fax: +968 24 446766 19, Klongtoye Nua, Wattana Ltd Bangkok www.sppc.com.sa www.gulfplasticoman.com 12 Marina View, #26-01 Tel: +66 2 661 6661 Suttons Arabia Asia Square Tower 2 Sohar Port and Freezone 4th Floor, Al Oula Building Singapore 018961 Fax: +66 2 661 6664 P.O.Box 9 www.indoramaventures.com King Abdullah Aziz Road, Postal Code 327, Al Khobar 39152 Tel: +65 6416 2080 Sohar Fax: +65 6883 0560 www.mercuria.com Tel: +966 13 830 1248 Tel: +968 2 685 2700 THE NETHERLANDS Fax: +966 13 865 4855 Fax: +968 2 685 2701 Noble Resources International www.soharportandfreezone. www.suttonsgroup.com eVision International B.V. Pte Ltd com Mauritskade 35, The Hague The Saudi Company 60 Anson Road #19-01 2514 HD of Chemical Trading Mapletree, Anson Singapore Ltd.,(Chemtrade) 079914 Tel: +31 70 362 6126 P.O.Box 22431 www.evision-software.com Madinah Road, Tel: +65 6305 4888 Alireza Tower, Fax: +65 6405 4889 Penthol Jeddah www.thisisnoble.com Postbus 94013 1090 GA Amsterdam Tel: +966 12 652 0000 Fax: +966 12 6517492 Tel: +31 20 561 7704 www.chemtrade.com Fax: +31 20 561 6666 www.penthol.com GPCA ANNUAL REPORT 2016 43 STAMICARBON BV Ace Global Lines DWC-LLC Ampacet Europe SA - Bureau Veritas Group P.O.Box 53 P.O.Box 336454 DMCC Branch P.O.Box 9110 Mercator 3, 6135 KW Sittard 19th Floor, BB02 Jumeirah Business Centre 3 Dune Building 2nd Floor, Mazaya Business Avenues, Tower – Office 3304 Office No 211 Tel: +31 46 423 7000 Jumeirah Lake Tower, Cluster Y – Jumeirah Lake 2nd December St, Satwa, Fax: +31 46 423 7001 Towers Dubai Dubai www.stamicarbon.com PO. Box 337219 – Dubai,

Tel: +971 4 276 5531 Tel: + 971 4 551 9549 Tel: + 971 4 307 4400 Fax: +971 4 4576 597 Fax: +971 4 551 9547 www.bureauveritas.com www.acegloballines.com www.ampacet.com TUNISIA Camelot Management Adeka Al Ghurair Additives LLC Argus DeWitt Consultants Middle East DMCC Air Liquide Tunisie P.O.Box 40306 P.O.Box 502821 P.O.Box 5003333 37, Rue Des Entrepreneurs, Reef Tower, Level 1 Plot No 37, B4 Industrial Office 26-27, 26th Floor ZI Charguia II BP 177, Ariana City Of Abu Dhabi 1 (Icad 1) Jumeirah Lakes Towers, Shatha Tower, DMC, Dubai Dubai Airport, 2035 Ariana Musaffah, Abu Dhabi Tel: +971 4 3658667 Tel: +216 7016 4600 Tel: +971 4 350 7441 Tel: +971 2 550 8361 Fax: +971 4 424 0134 Fax: +216 7194 0963 Fax: +971 4 448 7112 Fax: +971 2 550 8396 www.argusmedia.com/ www.airliquide.com www.camelot-mc.ae www.adeka-alghurair.com petrochemicals Chevron Phillips Chemical Air Liquide Emirates for BASF Middle East LLC Company LLC Industrial Gases LLC P.O.Box 61309 P.O.Box 293892 TURKEY P.O.Box 16848 Jebel Ali Free Zone Bldg. 6EA, Suite 401 Near Roundabout 5, Dubai Dubai Airport Free Zone AKPA ORGANIC PEROXIDES and Jebel Ali Freezone, Dubai INITIATORS Tel: +971 4 701 7708 Tel: +971 4 807 2222 Besyol Mah. Birlik Cad. Fax: +971 4 701 7724 Tel: +971 4 881 6001 Fax: +971 4 883 8675 No 12 Kucukcekmece , www.cpchem.com Fax: +971 4 881 6323 www.basf.com Istanbul 34295 www.airliquide.com Clarksons PLC BGN International DMCC P.O.Box 102929 Tel: +90 212 580 5559 Air Liquide Middle East and Fax: + 90212 580 5521 P.O.Box 115738 Reef Tower 2604, North Africa (ALMENA) www.akpakimya.com Unit 1404 / JLT Reef Tower , P.O.Box 54638 Jumeriah Lake Towers Dubai Sayman Group Suite 301, East Wing 5, Dubai Kemankes Caddesi No. 81 A Block, Dubai Airport Tel: +971 4 450 9432 Karakoy, Istanbul 34425 Free Zone, Dubai Tel : +971 4 376 2000 www.clarksons.com Fax : +971 4 431 1416 Cosmoplast Ind Co. LLC Tel: +902 12 292 70 50 Tel: +971 4 299 3444 www.bayegan.net Fax: +902 12 292 70 66 Fax: +971 4 299 3668 P.O.Box 6032 Street No. 20, Industrial Area www.saymangroup.com www.airliquide.com Bertschi Chemical Logistics No.1, Sharjah DMCC Akzonobel Middle East P.O.Box 478488 Tel: +9716 533 1264 FZE Jumeirah Lakes Towers, Fax: + 971 6 533 1917 UNITED ARAB EMIRATES P.O.Box 290 Tower X3, www.cosmoplast.com; 12th Floor, Al Habtoor Office 1603, Dubai www.interplast.ae Abu Dhabi Terminals Business Tower, P.O.Box 136687 Dubai Marina, Tel: +971 4 454 77 92 DMCC Abu Dhabi Fax: +971 4 454 77 34 P.O.Box 48800 Tel: +971 4 399 0417 www.bertschi.com Dubai Multi Commodities Tel: + 971 2 492 5000 Fax: +971 4 379 2861 Centre , Fax: +971 2 697 5166 www.akzonobel.com Borealis AG - Abu Dhabi Level 49-51, Jumeirah Lake www.adterminals.ae Towers, Dubai P.O.Box 48313 Amiti Overseas DMCC Accenture Middle East IPIC Square, 1st floor, Tel: +971 4 390 3899 P.O.Box 643863 Sultan Bin Zayed the First P.O.Box 29002 Fax: +971 4 390 3897 2310, HDS Tower, JLT, Dubai Street, Abu Dhabi 9th Floor, Al Sila Tower www.dmcc.ae (Tower 1), Sowwah Square, Tel: +971 4 363 2600 Dow Chemicals IMEA GmbH Al Maryiah Island Fax: +971 4 363 2610 Tel: +97 12 412 3500 Abu Dhabi www.amitioverseas.com Fax: +9712 6070864 P.O.Box 7893 www.borealisgroup.com Emaar Square, Bldg 6 Level 3, Sheikh Zayed Road Tel: + 971 2 404 7700 Dubai Fax: +971 2 404 7701 www.accenture.com Tel: +971 4 453 7000 Fax: +9714 453 7093

44 GPCA ANNUAL REPORT 2016 www.dow.com DP World GLOBAL PARTS ENTERPRISES Korn Ferry NewPort Europe B.V. P.O.Box 17000 LLC P.O.Box 54584 P.O.Box. 643683 5th Floor, Jafza 17 Bldg., P.O.Box 64024 West Wing, Phase 6 Block B, 3401 One Lake Plaza, Lob 17, Jebel Ali, Dubai Office 202, B62 Building, 8th Floor, Office 844, Jumeirah Lakes Towers, Above Rak Bank, Dubai Airport Free Zone Dubai, Tel: +971 4 881 5555 Al Maktoum Street, Deira, Tel: +971 4 204 5777 Tel: +971 4 422 7077 Fax: +971 4 881 7777 Dubai www.kornferry.com Fax: +971 4 422 7077 www.dpworld.ae www.newporttank.com Tel: +971 4 221 2278 Llyod’s Register Endress + Hauser Instruments Fax: +971 4 236 4202 P.O.Box 29677 Oliver Wyman International AG www.globalpartsenterprises.com Festival Office Tower, Suite P.O.Box 500525 P.O.Box 293828 2001, Dubai Festival City, 11th Floor, Arjaan Offices, Middle East Support Center Global Trust Enterprises FZCO Al Rebat Street, Dubai Al Sufouh Road, (MESC), 7WB - 2nd floor, P.O.Box 18733 Dubai Media City Office 2100, Dubai 501 Jafza View 18, Jebel Ali Tel: +971 4 701 4100 Free Zone, Dubai Fax: +971 4 701 4119 Tel: +971 4 4257000 Tel: +971 4 253 5100 www.lr.org Fax: +971 4 4270534 Fax: +971 4 609 1811 Tel: +971 4 885 7676 LyondellBasell Industries www.oliverwyman.com www.endress.com Fax: +971 4 885 7696 www.globaltrustenterprises.com P.O.Box 293611 Building 6A (East Wing), Oman Trading International Environmental Resources Office 619, Dubai Airport P.O.Box 506515 Management - Abu Dhabi Gulf Cryo Free Zone, Dubai Level 5, Precinct Building 2, Branch P.O.Box 473531 DIFC, Dubai P.O.Box 130835 European Business Center, Tel: +971 4 204 5970 Office 1004, Silver Wave Office 166, Dubai Investment Fax: +971 4 204 5969 Tel: +971 4 4281888 Tower, Union National Bank Park, Dubai www.basell.com www.omantrading.com building, Meena Road, Abu Dhabi Tel: +971 4 884 8199 MEGlobal International FZE Petrochem Middle East Fax: +971 4 884 9353 P.O.Box 293615 P.O.Box 23910 Tel: +971 2 698 0700 www.gulfcryo.com Building 5W-B-Wing, Fax: +971 2 698 0711 Level 34, Jumeirah Bay 6th Floor, Dubai Airport X2 Tower, Jumeirah Lakes www.erm.com HSBC Bank plc Free Zone Authority, Dubai Towers, Dubai P.O.Box 66 Euro Petroleum Consultants Emaar Square, Dubai Tel: +971 4 292 3999 DMCC Tel: +971 4 417 9300 Fax: +971 4 292 3911/12 P.O.Box 625766 Fax: +971 4 417 9393 Tel: +971 4 4235752 www.meglobal.biz Jumeirah Lakes Towers, www.hsbcnet.com www.petrocheme.com Dubai Methanex Middle East Honeywell UOP Middle East Co. Platts P.O.Box 309010 P.O.Box 73360 Tel: +971 4 421 4642 P.O.Box 9248 Fortune Tower, Office 205, Office 212, Building 1, Fax: +971 4 421 4602 29th Floor World Trade Jumeirah Lakes Towers Dubai Media City, www.europetro.com Centre, Dubai Dubai Tel: +971 4 438 0299 Evonik Gulf FZE Tel: +971 4 331 3841 Fax: +971 4 438 0240 Tel: +971 4 391 3170 P.O.Box 341256 Fax: +971 4 331 7033 www.methanex.com www.platts.com Silicon Oasis,Office E-107 www.uop.com Dubai Polycorp Limited IHS GLOBAL FZ LLC Multi Trade FZC P.O.Box 35071 P.O.Box 500395 P.O.Box 7852 Tel: +971 4 372 4150 Sharjah Airport International Dubai Fax: +971 4 372 4174 Office Park Bldg Block A, Dubai Internet City, Dubai Free-Zone, Sharjah www.evonik.com Tel: +971 52 7131 666 Tel: +971 6 557 0135 www.poly-corp.com Frost and Sullivan Tel: +971 4 363 5800 Fax: +971 4 363 5801 Fax: +971 6 5570136 P.O.Box 502395 www.ihs.com www.multitradegroup.com Polychem Resins International 210 EIB 4 Star Building Industries LLC Internet City, Dubai Joint Tank Services FZCO Neste Jacobs Aktiebolag - P.O.Box 37029 Abu Dhabi Tel: +971 4 433 1893 P.O.Box 17512 Jebel Ali Industrial Area, P.O.Box 39317 Fax: +971 4 427 8784 Jebel Ali Free Zone (South), Dubai www.frost.com Dubai Al Saman Tower A, 11th Floor, Al Hamdan St, Tel: +971 4 880 1662 Tel: +971 4 880 7801 Abu Dhabi Fax: +971 4 880 1866 Fax: +971 4 880 7802 www.polycheminternational.com www.jts.ae Tel: +9712 639 7449 Fax: +971 2 639 7448 www.nestejacobs.com

GPCA ANNUAL REPORT 2016 45 www.transoceanbulk.com QUEST Group DMCC Skeberis International Wood Mackenzie P.O.Box 643931 FZC TUV Middle East P.O.Box 66354 31 K, AG Tower P.O.Box 53894 P.O.Box 46030 27A, Emirates Tower, Dubai (Silver Tower), Cluster I, Hamriyah Freezone, Sharjah Danat Tower A, M-Floor, Jumeirah Lake Towers, Street 31, Airport Road, Tel: +971 4 376 5300 Tel: +971 4 368 2259 Fax: +971 4 376 5301 Dubai Behind Holiday Inn Hotel, Fax: +971 4 368 2359 www.woodmac.com Abu Dhabi www.skeberis.com Tel: +971 4 454 3096 Fax: +971 4 454 3093 Songwon Additive Tel: +971 2 4411146 www.questgroupint.com Fax: +971 2 4411147 Technologies-Middle UNITED KINGDOM East FZE www.tuvme.com Rakha Al Khaleej International P.O.Box 371467 LLC UL – Underwriters Agility Office No 250, Building 6EB, Pavilion 7, The Match Works, P.O.Box 55157 Laboratories Dubai Airport Free Zone Garston, Liverpool L19 2PH P.O.Box 345831 701 National Bank of UAQ England Building, Khalid bin Waleen Tel: +971 4 256 6338 Nucleotide Complex, Dubai Biotechnology and Road, Bank Street, Dubai Fax: +971 4 256 6339 Tel: +44(0)151 494 5900 Research www.songwon.com Fax: +44(0)151 494 5901 Park (DuBiotech), Tel: +971 4 397 7999 www.agilitylogistics.com Al Barsha, Dubai, Fax: +971 4 397 2555 Strategyand P.O.Box 506782 ICIS www.rai-uae.com Tel: + 971 4 558 5900 Al Fattan Currency House Quadrant House, Fax: +9714 5585 036 Tower 1, 8th Floor, The Quadrant, Sutton Schmidt ME Logistics JLT www.ul.com Dubai International SM25AS P.O.Box 487103 Financial Centre Unit No. 4108, Mazaya Unilever Gulf FZE Business Avenue, Plot No. Tel: +44 208 652 3345 Tel: +971 4 390 0260 P.O.Box 17055 Fax: +44 208 652 3929 BB2 Jumeirah Lakes Tower, Fax: +971 4 390 8559 Jebel Ali Free Zone, www.icis.com Dubai www.strategyand.pwc.com/me Roundabout 13th, Dubai Interflow (T.C.S.) Limited Stolt-Nielsen Limited Tel: +971 4 432 3651 Tel: +971 4 881 5552 6th Floor, Dukes House Fax: +971 4 886 1480 PO Box 337246 Fax: +971 4 881 6179 32-38 Dukes Place www.schmidt-heilbronn.de Office no. 1802 ; Swiss www.unilever.com London EC3A 7LP Tower, Cluster Y, Jumeirah SAP Middle East and North Africa Lake Towers, Dubai Union Pipes Industry Tel: +44 20 7036 3790 Fax: +44 20 7283 8052 LLC P.O.Box 9650 www.nrslogistics.com P.O.Box 118353 Tel: +971 4 512 9842 ICAD-1, Mussafah, Abu Dhabi 16th Floor, Arenco Tower, Fax: +971 451 29899 Tecnon Orbichem Ltd Sheikh Zayed Road www.stolt-nielsen.com Tel: +971 2 550 0102 The Lansdowne Building, Dubai Fax: +971 2 550 0105 Taghleef Industries 2 Lansdowne Road, www.upi.ae Tel: +971 4 4407 222 P.O.Box 56391 Croydon, Surrey CR9 2ER Fax: +971 4 4407 333 Jebel Ali Industrial Area-1, Vertex Oil and Gas (VOGAS) www.sap.com Dubai P.O. Box 9640 Tel: +44 20 7924 3955 , Office 106, Fax: +44 20 7978 5307 Shell Chemicals Arabia Tel: +971 4 880 1100 Sheikh Zayed Rd, Dubai www.orbichem.com P.O.Box 11677 Fax: +971 4 880 1122 Convention Tower, 9th Floor www.ti-films.com Tel: +971 4 358 9855 Dubai The Boston Consulting Group Fax: +971 4 385 8332 International Inc. www.vogas.com Tel: +971 4 405 4400 UNITED STATES OF AMERICA Fax: +971 4 332 1597 P.O.Box 32257 Albemarle Corporation www.shell.com/chemicals 4th Floor, Office Park Bldg., Dubai Internet City Vopak Middle East B.V. 451 Florida Street Siemens LLC P.O.Box 119448 Baton Rouge, LA 70801 P.O. Box 47015 Tel: +971 4 4480 327 Office 14 H, 14th Floor, Building B-05 (Siemens Fax: +971 4 4480 333 Almas Tower, Jumeirah Lake Tel: +9714 701 7770 Building), Masdar City www.bcg.com Towers, Dubai Fax: +9714 701 7780 (opposite Presidential Flight) www.albemarle.com Abu Dhabi Tel: +971 4 440 4600 Transocean BDP INTERNATIONAL, INC. Fax: +971 4 447 4608 P.O.Box 191061 510 Walnut Street, Tel: +971 2 616 5824 www.vopak.com c/o JF HILLEBRAND ME 13th Floor Fax: + 971 2 639 3444 LLC, Latifa Tower, www.siemens.com/chemicals Philadelphia 19106 Office 1205, Dubai Tel: +1(215) 629-8900 Tel: +971 4 343 00 54 Fax: + 1(215) 629-8940 Fax: +971 4 343 43 51 www.bdpinternational.com

46 GPCA ANNUAL REPORT 2016 www.pmc-group.com CBandI Huntsman Corporation The Catalyst Group Inc. Vinmar Projects Ltd. One CBandI, Plaza, 10003 Woodloch Forest P.O.Box 680 16800 Imperial Valley Drive 2103 Research Forest Drive Drive, Spring House, Suite 499, Houston 77060 The Woodlands TX 77380 The Woodlands, Texas Pa 19477-0637 77380 Tel: +1 281 618 1333 Tel: +1 214 748 3647 Tel: +1 215 628 4447 Fax: +1 281 448 4474 Fax: +1 832 513 1905 Tel: +1 281-719-6055 Fax: +1 215 628 2267 www.vinmar.com www.cbi.com Fax: +1 281-719-4719 www.catalystgrp.com www.huntsman.com W.R. Grace and Co. Chemtex Global Third Coast International 7500 Grace Drive Columbia 440 N Wolfe Road Packwell Inc 1871 Mykawa, Pearland, MD 21044 Sunnyvale, CA 94085 10016 Porter Road TX 77581,Texas La Porte Texas 77571 Tel: +1 410 531 4000 Tel: +1 408 306 6334 Tel: +12814122888 Fax: +1 410 531 4496 Fax: +1 408 524 7470 Tel: +1 281 842 5900 Fax: +12819975079 www.grace.com www.chemtex.com Fax: +1 281 842 5950 www.thirdcoastinternational.com www.packwell.com Exxon Mobil Chemical PetroSkills Townsend Solutions Company 410 W Grand Parkway 509 N. Sam Houston Pkwy, 13501 Katy Freeway South Ste 400 Katy, Texas Suite 500, Houston, CORP-EMCC-W1-372 77494 TX 77060, Huston, 77079-1398 Tel: +1 832 426 1234 Tel: +1 281 873 8733 Tel: +1 281 870 6075 Fax: +1 832 426 1244 Fax : +1 281 875 1915 Fax: +1 281 588 4772 www.petroskills.com www.townsendsolutions. www.exxonmobilchemical.com com PMC Group Inc Tricon Energy LTD 1288 Route 73 South, 777 Post Oak Blvd Suite 550 Suite 401, Postal Code Houston Texas 77082 08054, Mount Laurel, New Jersey Tel: +1 713-979-9314 Fax: +1 713 985 6190 Tel: +1 316 5280 8107 www.triconenergy.com

GPCA ANNUAL REPORT 2016 47 NEW MEMBERS BAHRAIN GERMANY PORTUGAL Tel: +966 1 387 9494 Particles Company for Thyssenkrupp Industrial GLOPOL Fax: +966 1388 2494 Commercial Services and Solutions AG Rua de S. Remo, 1 www.amgc.com.sa Consultation thyssenkrupp Allee 1 Monte Estoril Almoayyed Tower 45143 Essen King Abdullah University of Alseef District Tel: +351 21 468 1598 \Science and Technology Tel: + 974 4 016 2906 Fax: +351 21 468 1598 (KAUST) Tel: + 966 545 442 442 Fax: + 974 4 016 2911 www.glopol.pt Bldg No. 23, Innovation + 973 39 6065 93 www.thyssenkrupp- Cluster 3, Office No. 3-350 industrial-solutions.com Thuwal 23955-6900 Tel: +966 12 808 2724 SAUDI ARABIA BELGIUM www.kaust.edu.sa IRAN AL JERI Transportation Rifd Industry H.Essers Company P.O.Box: 10237 Transportlaan 4 Aryasasol Polymer Company P.O. Box 34586 Jubail Industrial City 31961 3600 Genk (B) Pars Special Economic Old Al-Kharj Road Energy Zone, Assaluyeh Riyadh 11478 Tel: +966 50 584 7161 Tel: + 32 8 932 3232 Fax: +966 13 348 5490 www.essers.com Tel: + 982 18 592 0000 Tel: +966 1 438 5296 www.rifd-ind.com Fax: + 982 18 864 5209 Fax: +966 1 213-6237 www.aryasasol.com www.aljeri.com Saudi Chemical Co. Al Watania Plastics P.O.Box: 2665 EGYPT Malaz, Riyadh 2nd Industrial Area Transmar PAKISTAN Riyadh 11443 Tel: +966 11 476 7432 Plot (45b) 4th Floor, North 90 Fax: +966 11 206 6312 Street, 5th Settlement International Chemplast (Pvt.) Tel: +966 11 265 0036 www.saudichemical.com New Cairo 11835 Ltd. Fax: +966 11 265 0905 Suite # 509, 5th Floor, www.wataniaind.com Tel: + 202 2 614 2860 Progressive Plaza, Fax: + 202 2 614 2883 Beaumont Road, Civil Linies Arrmaz Gulf Chemicals www.transmar.com Quarters, Karachi P. O. Box: 2739, Al Munirah Tower, Prince Faisal Bin Tel: +922 11 132 5325 Fahd Street, Al Khobar Fax: +922 13 565 6591 31952 www.icplpk.com

48 GPCA ANNUAL REPORT 2016 www.novacorp.ae SINGAPORE UNITED ARAB EMIRATES Emeraude Polymers DMCC Sumitomo Corporation P.O Box 487350 P.O. Box 262517 Indigo Icon Tower Tower A, Level 17, JAFZA POLYMET SA (S) PTE LTD Al Nahda International FZCO Cluster F, Jumeirah Lake One, Jebel Ali Free Zone P.O.Box 261911 10 Anson Road, 22-08A Towers, Dubai Dubai International Plaza Jebel Ali Freezone, Dubai SINGAPORE 079903 Tel: +971 4 44 97100 Tel: +971 4 817 8000 Tel: +971 4 883 1314 Fax: +971 4 43 27947 Fax: +971 4 817 8001 Fax: +971 4 883 1315 Tel: +656 372 1630 www.emeraude- www.sumitomocorp-global. www.alnahdafz.com Fax: +656 372 1631 international.com com www.polymetsa.com.sg KBC Advanced Technology ILandFS Prime Terminals FZC P.O.Box 135079 Block A, Plot#128, Al Sudah Office No, 201E, Second UNITED STATES OF AMERICA THE NETHERLANDS Area, Fujairah Khorfakkan Floor, Incubator Building Road, Opp Fujairah Refinery Masdar City, Abu Dhabi McKinsey and Company ARLANXEO Holding B.V. Co., Fujairah 55 East 52Nd Street 21St Stationsplein 8B Tel: +97150 423 9754 Tel: +971 9 228 2327 Floor, New York 10022 6221 BT Maastricht Fax: +971 2558 5675 Fax: + 9719 228 2362 www.kbcat.com www.iptf.com Tel: +1212 446 7000 Tel: +31(0) 43 750 3920 Navigant Consulting Fax: +1212 446 8575 www.arlanxeo.com C.E.I.C Sustainable Solutions www.mckinsey.com P.O.Box 413705 FZE 7th Floor, , PRAXAIR P.O. Box 16486 Sheikh Zayed Road, Dubai Business Center 06, 331 Al 39 Old Ridgebury Rd., Danbury, CT 06810 TURKEY Mareed Building, Dubai Tel: +971 4 381 9003 Fax: +971 4 381 9003 Tel: +971 2 643 7210 Ravago Group Tel: +971 56 779 9281 www.navigant.com Merkez Mh Akar Cd No. Fax: +971 4 367 8774 Fax: +971 2 643 7202 3 iTower Is Merkezi K:28 www.ceicbusiness.com Nova General Trading LLC www.praxair.com Bomonti Sisli, Istanbul Office No.301, Heirs Ali Ghanim Hamila Tel: +902 12 375 2400 Al Mazrouie, Sh. Rashid Fax: +902 12 375 2401 Al Maktoum St www.ravago.com.tr Tel: +9712 632 7223 Fax: +9712 632 7225

GPCA ANNUAL REPORT 2016 49

Gulf Petrochemicals and Chemicals Association (GPCA) P.O.Box 123055 1601, 1602 , Business Bay Dubai, United Arab Emirates T +971 4 451 0666 F +971 4 451 0777 Email: [email protected]