Page 176 - CW E-Magazine (7-1-2025)

18th Annual GPCA Forum

will not only deliver but also will excel value, advancing the circular economy
in sustainability,” he said. and capitalising on the materials trans-
formation. The chemical industry re-
“The chemical industry will need mains one of the most attractive sectors
hundreds of billions of dollars glob- globally, with continued growth expec-
ally to achieve net zero emissions. tations in the long term. The GCC is
The socio-economic benefi ts are clear, well positioned to be an active player in
and we can also establish commercial future industry growth.”
gains. This is not just about responsibi-
lity; it’s also about opportunity. We must The forum’s discussions focused on
lead with a commitment to reshaping growth, effi ciency, and sustainability in
our industries and ensuring their long- the petrochemical sector, with CEOs
term relevance. The governments and from leading companies sharing their
industry have a common purpose to visions for the next decade. Keynote
create a better future through policies sessions explored themes such as re-
conducive to innovation and facilitat- silience, sustainability, and innovation,
ing investments and fostering impactful addressing global challenges like food
partnerships,” he added. security and energy security amidst
shifting geopolitical dynamics.
‘Collaborative efforts needed’ Mr. Mulham Basheer Al-Jarf
In a later address, Mr. Mulham world. However, no single organisation The forum’s exhibition, featuring
Basheer Al-Jarf, Chairman, OQ, Oman’s or entity can achieve this alone. Colla- over 110 companies, showcased petro-
state-owned energy company, called boration remains the cornerstone of our chemical innovations and advance-
for collaborative efforts to help tackle the progress. Together, we must align our ments. Another major highlight of the
“unprecedented shifts” brought about efforts, pool our expertise and resources, forum was the second edition of the
by the energy transition, circularity and scale innovations to generate both SolutionXchange programme, which
and digital transformations. economic value and environmental focused on energy management, cir-
benefi ts,” he pointed out. cular economy, and digital transforma-
“The industry has a unique role in tion. The GPCA Startup Nexus, a new
addressing some of the world’s most Dr. Abdulwahab Al-Sadoun, Secre- GPCA initiative, focussed on advanc-
pressing challenges, whether its reduc- tary General, GPCA, said, “The chemi- ing the start-up ecosystem in the region,
ing carbon emissions, improving re- cal and petrochemical industry has a while the GPCA Sustainability Pavilion
source effi ciency, or creating products unique opportunity to reaffi rm its role showcased the region’s sustainability
that enhance everyday lives all over the in the global landscape by creating new initiatives.

RECOGNITION
Dr. Mohamed Al Rumhy bestowed with ‘GPCA Legacy

Award’

Dr. Mohamed Hamed Al Rumhy, fi cantly growing the downstream petro-
who served as Oman’s oil minister chemical and chemical sector in Oman.
and also as its energy & minerals
minister, was recognised with the 6th In his role as Minister of Oil &
GPCA Legacy Award “Al-Rowad” in a Gas, and subsequently Minister of
special award ceremony during the Energy and Minerals, Dr. Al Rumhy
Annual GPCA Forum. was instrumental in securing natural
gas feedstock, which fuelled Oman’s
Dr. Al Rumhy was awarded for his downstream journey in the early
contribution to developing and signi- Dr. Mohamed Hamed Al Rumhy 2000s. He played a pioneering role in

176 Chemical Weekly January 7, 2025

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