BUSINESS REPORTER
MUSCAT, Oct 31
Arabian Gulf chemical industry leaders reiterated their commitment to advancing sustainability, developing nature-positive solutions, and contributing to climate action at the 4th Gulf Petrochemicals and Chemicals Association (GPCA) Responsible Care Conference, taking place in the Saudi Arabian capital Riyadh.
In line with the event’s theme ‘Seizing the ‘new normal’ opportunities through Responsible Care’, senior industry leaders, government officials, esteemed dignitaries and stakeholders from global organizations attended the high-profile event to demonstrate their support towards sustainable industry performance, which contributes to mitigating climate impact and positions the Arabian Gulf region as an important player in efforts to achieve climate targets.
Delivering the opening address at the conference on day one, Yousef al Benyan, Vice Chairman and CEO, SABIC, and Chairman, GPCA, praised the role of GPCA and its achievements over the past 15 years. “Today, it is leading a new phase of transformation, moving towards maximizing the returns of our industry, advancing its developmental and social impact, and raising its standards to achieve sustainability goals.”
At a time when the chemical industry is on the way to playing an even bigger role in the future of global communities, it is imperative that companies in this field focus all the more on safety and commit to producing even greater outcomes in Responsible Care. “This includes adopting new technologies, identifying the challenges we face, and embracing effective sustainable methodologies, through which we create value in everything we do,” he added.
Petrochemical firms in the Sultanate of Oman owned and operated by OO, the country’s integrated energy group, as well as Omifco and Oman Methanol Company, are members of GPCA.
Over the next three days leaders at the GPCA Responsible Care Conference will discuss important issues, the opportunities and challenges to deliver on the region’s sustainability commitments, coinciding with the inauguration of the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow, UK on Sunday.
The whole world will watch closely as the parties are expected to urge the public and private sector to do their part to turn the tide on climate change and take concrete actions to put a zero-carbon world within reach. Prior to the meeting, Ministers called on nations to meet the $100bn per year climate finance goal.
This is against the backdrop of Saudi Arabia launching a Middle East Green Initiative on Monday last week which aims to secure 39 billion riyals ($10.4 billion) as part of efforts to reduce regional carbon emissions.
In related news, GPCA at the conference today released the 2020 edition of its Performance Metrics Report ‘Rising to the New Normal Challenges and Opportunities’, which provides an annual review of the environmental, health, safety, and security (EHS&S) performance of GPCA member companies. Despite a 54 per cent increase in chemicals production, non-hazardous disposal at GPCA member companies dropped by 50 per ent, when compared to the seven-year average from 2013 to 2019. Wastewater discharges too registered a substantial decrease against the same period (2013 to 2019), with a drop of 76 per cent, while non-hazardous waste dropped by 27 per cent in 2020 from the year before.
In an effort to drive continuous sustainability improvements across the chemical industry in the region, Dr Abdulwahab al Sadoun, Secretary General, GPCA, utilised the conference as a platform to announce exclusively to delegates the launch of the Gulf Process Safety Network, the first of its kind professional group in the region representing the chemical and petrochemical industry in the six GCC states.
The purpose of the network is to establish a regional platform that enables and supports knowledge exchange, investigates major process safety incidents, and promotes collaboration among GPCA member companies. Members of the Gulf Process Safety Network are required to have a minimum of two years in the field of process safety and a minimum of seven years’ experience working in the chemical or petrochemical industry.
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