The petrochemical industry makes up 22% of the United Arab Emirates’ manufacturing sector.
The petrochemical industry makes up 22% of the United Arab Emirates’ manufacturing sector, with local production meeting 60% of domestic plastic demand.
In the wake of past mergers and acquisitions, chemical companies have been diversifying to expand their portfolios. They're doing this in order to become more resilient while also accessing new markets or technologies that could help them grow even further. National Industries Park is well-positioned to be a catalyst for growth in this industry.
The use of plastics in our lives has become so prevalent that it is difficult to live without them. The petrochemical industry is geared towards sustainable development of useful plastic rather than a wasted production of non-essential materials.
The strategic location of National Industries Park, along with its connectivity to both the port and airport in Dubai provides an opportunity for growth catalysts to set up an innovative and sustainable production hub in this industry.
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