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2nd GPCA Research & Innovation Summit held on March 16-18 in Dubai

by ChemOrbis Editorial Team -
  • 20/03/2015 (14:48)
According to a press release on the Gulf Petrochemicals and Chemicals Association’s (GPCA) website, with the majority of Gulf Cooperation Council’s (GCC’s) petrochemical companies adopting a strategy for innovation management, top executives from regional and international organizations emphasized the importance of cultivating an awareness of emerging technologies, their business and external factors that influence their operations while implementing plans, at the 2nd Annual GPCA Research & Innovation Summit which was held on March 16-18, in Dubai. ChemOrbis took part in the Summit as a media partner.

"Technological developments are costly and uncertain but have a profound impact on the petrochemical business," said Dr Moayyed Al- Qurtas, Chairman, GPCA Research & Innovation Committee. He also added that a deep understanding of the interaction between technology and our business is critical for the sector’s survival, growth and profit.

“We have grown into an industry worth more than a US$1 billion with an annual capacity of 140 million tons in just over four decades. Moving forward, it is clear that there is not one specific success model or one best practice which works for everybody. Companies have to find their specific way to leverage research and innovation in order to gain or keep a competitive advantage, “said Dr. Abdulwahab Al- Sadoun, Secretary General, GPCA.

More than 200 delegates from the petrochemical industry, academia and research institutions attended the2nd Research and Innovation Summit in Dubai.
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