The 13th annual forum of Gulf States Petroleum & Chemical International Conference took place in Jumeirah between 26th and 28th this November. The theme of the conference was “investment growth and transformation”. A new edition of GCC Data of Petrochemical and Chemical Industry was released as well,
海湾国家石化和化学工业联合会第十三届年度论坛于11月26日至28日在朱美拉市召开，主题为“投资增长和实现转型”，论坛期间还发布了新版《海合会国家石化和化学工业数据》年度报告。

According to the chairman of the conference, Dr. Abdullah Wahab, the total output of all petrochemical products of GCC countries in 2017 was 166.8 million ton. A 7% increase would be reached by the end this year, total production being 170.9 million tons. Besides, production of branches in North American, Asian, and European countries totaled 18.6 million tons. 
联合会秘书长阿卜杜拉·瓦哈布博士表示，海湾国家2017年石化产品产量为1.668亿吨，预计到今年末将实现7%的增长率，达1.709亿吨。其中，海湾国家在北美、欧洲和亚洲等地的分支工厂生产能力已达1860万吨。

The growth in demand and the rise in product prices throughout the year reflected the recovery in petrochemical sector of GCC countries. Last year, the total petrochemical income of GCC countries was $55.6 billion. Saudi Arabia and the UAE are the two countries that have the biggest impact on the region's petrochemical industry, with profits increasing 19% and 17% respectively. 
全年需求增长和产品价格上涨反映了海合会国家化工产品贸易的复苏。过去一年里，海湾国家石化产品总收入为556亿美元，沙特和阿联酋在石化贸易中的利润分别上涨19%和17%，成为对地区石化行业影响最大的两个国家。

The petrochemical and chemical industry of the GCC countries still has broad prospects in the long run. More than 20 different kinds of products will be produced in the next decade, and the chemical industry will become an important part of the region to deal with dependence on oil and realize economic diversification. At the same time, GCC countries are also committed to increasing investment overseas, enhancing their competitiveness and influencing the international market.
海合会国家化工业在中长期内仍具有广阔前景，在未来十年中将有20余种产品陆续问世，化工行业也将由此成为地区摆脱石油依赖和实现经济多元化的重要组成部分。同时，海合会国家还致力于增加对海外的投资，加大对国际市场的竞争力和影响力。

The petrochemical and chemical industry has directly and indirectly produced about 880,000 jobs to GCC countries, accounting for 3% of total employment in this region.
化工行业通过直接和间接方式为海合会国家提供了约88万个就业岗位，占地区总就业人数的3%。

If you are interested in the investment opportunities in petrochemical and chemical industry in this region, please contact us.
若您对此地区化工行业的投资机会感兴趣，请联系我们。