According to Trade Arabia Mana on February 13, Shaikh Mohammed Bin Khalifa AL Khalifa, Bahrain’s oil minister, said that the Middle East region is expected to become the center of the ethylene industry because it has the ability to supply raw materials at competitive prices. At the opening ceremony of the Third Ethylene Middle East Ethylene Technology Conference and Exhibition (EMET), Shaikh Mohammed said that the Arabian Gulf region is the world’s major ethylene supplier and occupies an important position in the field of petrochemical industry. He stressed that the best way to determine how to make profits from the ethylene market was to understand the trends and upcoming changes in this important industry. The Minister stressed the importance of sustainable development of the bio-petrochemical industry, which plays a key role in achieving global competitive advantage by attracting technology and manpower. In addition to meeting the requirements and expectations of customers who undoubtedly contribute to reducing costs, the Minister stressed that sustainability is the only way to ensure the sustainability of success and prosperity.
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