Doha: A rapidly growing global population and planned capacity expansions are the key drivers for sustained growth for the GCC’s fertiliser producers, said industry experts on day one of the Fourth Annual GPCA Fertilisers Convention in Dubai
Organised by the Gulf Petrochemicals and Chemicals Association (GPCA), the convention’s keynote speech was given by Charlotte Hebebrand, Director General of the International Fertiliser Industry Association (IFA). Hebebrand said, “a key driver for fertiliser demand is an expected global population surge”.
Khalifa Al Sowaidi, Qafco CEO and Vice-Chairman, in his opening remarks said, “There is a focus on the fertiliser manufacturers to intensify the efforts to support the global food demand.” He emphasised that the current global economic context was a good time to focus on strengthening strategic coalition and cooperation in the Gulf to face the global fertiliser industry challenges. “The strategic coalition and cooperation will enable business to gain competitive advantages in front of other competitors and will enable us to grow and expand more quickly, strongly and efficiently in all fronts of the industry.”
The convention will help to cement GCC position in the global fertiliser industry with an intensive programme of market analysis and thought leadership, he noted.
“GCC producers, with their natural gas, sulphur and phosphate feed stock advantage, are establishing the Gulf region as a global hub for nitrogen and phosphate fertilisers production. And in this, the GPCA have been helping the Gulf fertiliser industry to meet the challenges and explore growth opportunities in the dynamic global and regional market conditions.”
Al Sowaidi said that through this convention being organised by GPCA, the global players can discuss and debate the challenges and opportunities, in this changing global and regional market conditions.
The convention programme has been developed specifically to help the global fertilizer industry meet challenges and explore growth opportunities amidst rapidly changing global and regional market conditions. The convention has its panelists from a very broad band of the industry which includes presenters and facilitators from more than 10 countries, including: USA, Brazil, South Africa, India, UK, Belgium, the Netherlands, UAE, Saudi Arabia, Bahrain, China and Kuwait.