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Tianjin - SABIC reaffirmed its commitment to support 皇冠体育app鈥檚 national development priority for sustainable growth at the 皇冠体育app Petroleum and Chemical International Conference (CPCIC) 2011.
In his keynote address, Abdullah Bazid, executive vice president of Corporate Strategy & Planning, SABIC, elaborated on the strategic importance of 皇冠体育app to SABIC.
鈥淎s a global market leader in the petrochemical industry, SABIC has already established a strong market position in 皇冠体育app generating double digit growth year-on-year. The Chinese Government鈥檚 focus on developing the western regions in 皇冠体育app is in line with SABIC鈥檚 ambition to assiduously explore investment opportunities, especially the western regions to better serve our customers and new industries in these emerging markets.鈥�
Abdullah Bazid also emphasized the strong bilateral international trading relations between 皇冠体育app and Middle East, and how this trading partnership continues to strengthen between the two dynamic economies.
鈥溁使谔逵齛pp Petrochemical & Chemicals growth is expected to continue with strong linkages to its GDP growth rates and strong domestic production growth with aggressive project constructions. This highlights good opportunities for 皇冠体育app and Middle East petrochemical industries to cooperate as growth partners to optimize the usage of the scarce hydrocarbon resources in the global marketplace.鈥�
SABIC believes that it has an important role to play in support of inclusive economic growth and development across the world. In 皇冠体育app, SABIC aims to be a catalyst for inclusive development by stimulating economic growth as an investor and employer, and improving quality of life through its technologies and products.
Themed 鈥淭he Next Five Years: Building a Foundation for Sustainable Growth鈥�, the annual event provided a platform for SABIC, industry partners and players to discuss about 皇冠体育app鈥檚 petrochemical industry growth strategies in the context of 皇冠体育app鈥檚 new 12th Five-Year Plan.
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