How Saudi Downstream 2011 Exceeded Expectations!

PRLog (Press Release)– Apr 05, 2011– Held under the patronage of the CUSTODIAN OF THE TWO HOLY MOSQUES KING ABDULLAH BIN ABDULAZIZ AL-SAUD, Saudi Downstream Forum & Exhibition 2011 took place at The Movenpick Hotel, Yanbu Al Sinaiyah, Kingdom of Saudi Arab auto part ia on 8-9 March 2011.

S bmw audi Downstream 2011 welcomed new investors and partners of the major stakeholders in Kingdom and focused the Forum on increasing investments in the downstream sector in Saudi. It was a acura major international event where for the first time, the Ministry of Petroleum and Mineral Resources, the Ministry of Industry & Commerce and the Ministry of Finance met directly with the industry to unite stakeholders and the private sector to bolster investment and job creation in the downstream industries across the Kingdom.

The Forum was official opened by HH Prince Saud Bin Abdullah Bin Thunayyan Al Saud, other key speakers included: H.E. Dr Mohammed Al-Suwaiyel, President, KACST; H.E. Amr Dabbagh, Governor, Sagia; H.E. Abdualziz Al Tuwaijri, President, Saudi Ports Authority; H.E. Azzam Shalabi, President , NICDP; Mohamed Al Mady, Vice Chairmen & CEO, Sabic; Abdulaziz Al Judaimi, Vice President Chemicals, Saudi Aramco;  James D McIlvenny, Group Senior Vice President, Mega Projects, The Dow Chemical Company; Ben Van Beurden, President Chemicals, Royal Dutch Shell; Moayyad Al Qurtas, Vice Chairman & CEO, Tasnee; and Osama Al Zamil, General Manager, The Zamil Group.

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Saudi Downstream 2011 sponsors included: Sabic, Saudi Aramco, Tasnee, Shell, Zamil; Natpet; Exxon Mobil; Dow; UMIC; Al Turki; Worley Parsons; Parsons; 3P Petro; Nalco; Petro Rabigh; Luberef; KPMG; EDCO and Ma'aden. These event sponsors participated in different ways as delegates, exhibitors and conference speakers.

The event received an exceptional number of delegates participating in open forums and debates, and concluded with H.E. Dr Aqili Khawaji, Executive President of the Royal Commission Yanbu, on behalf of HH Prince Saud Bin Thunayyan Al Saud, announcing that Saudi Downstream 2012 will be held on 6-7 March 2012 in Jubail, Kingdom of Saudi Arabia.

The event was a great platform for big industry players such as Saudi Aramco to discuss future investment in Kingdom:

"The downstream sectors are at the centre of our long- term strategy to diversify the Kingdom's economy, placing manufacturing and the chemical sector at the highest level of importance for investment.  Over next 10 years, we aim to grow our output in Kingdom some 300%, which will be directly responsible for major economic growth and the creation of jobs both in Saudi and around the world." Abdulaziz Al Judaimi, VP Chemicals, Saudi Aramco

Saudi Downstream 2011 exceeding expectations:

"Congratulations for an excellent conference. It was one of the best I have been to" John Lefas, Ingenia Polymers

On behalf of the Royal Commission Jubail and Yanbu, the CWC group is delighted to announce the dates for the 2012 Saudi Downstream Strategic Forum & Exhibition: 6-7 March 2012. The event will take place next year in Jubail, Kingdom of Saudi Arabia and welcomes you to explore the opportunities in Saudi Arabia and sow the seeds of success for tomorrow.

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