Move reinforces Dubai’s position as a hub for the chemicals sector
DP World UAE Region showcased its latest range of offerings for the petrochemicals and chemicals sector at the recently concluded 11th Gulf Petrochemical and Chemical Association (GPCA) 2019 trade show in mid-April in Dubai.
The company highlighted its new door-to-door logistics solutions that covered the full breadth of the supply chain and support customers every step of the way. These solutions are based on generating and leveraging synergies from integrating the activities of its numerous businesses –including Jebel Ali Port, Jebel Ali Free Zone (JAFZA), Dubai Trade, and many others thereby creating one of the most efficient and robust supply chains in the GCC.
“The future is vibrant for the regional downstream petrochemical industry as it represents one of the fastest growing chemical markets globally. Through our seamless and efficient supply chain solutions, we are facilitating industry growth and competitiveness in global markets,” commented Mohammed Al Muallem, CEO and Managing Director, DP World UAE Region.
The International Energy Agency has reported that global chemical consumption is expected to grow by almost 60% between 2018-2050 with the GCC accounting for 12% of all high-value chemicals.
Through the ecosystem created between Jebel Ali Port and JAFZA, DP World UAE Region offers customised solutions for its clients. These include a wide range of port solutions, port-centric logistics and value-added services such as warehousing (DG–dangerous goods, Non-DG), ISO Tank storage, cargo mode conversion, transport management, order fulfillment, chemical blending, picking, bagging & drumming, tank cleaning and repair, and freight forwarding, among others.
Jebel Ali Port and Free Zone together contribute 33.4% of Dubai’s GDP and 14.9% to UAE’s non-oil GDP, and its global portfolio offers customers integrated solutions with 78 marine terminals and 9 logistics parks.
DP World UAE Region is one of the leading hubs for the petrochemicals and chemicals sector in the Middle East. Jebel Ali Port handles over 65% of the GCC’s exports in this segment with connections to 140 ports with over 80 weekly services offered. JAFZA is home to nearly 500 petrochemical companies.