Gulf Petrochemicals & Chemicals Association | June 04, 2021
The virtual conference was held on 26-27 May, attracting over 1300 attendees from 450 companies in 62 countries
Dubai, United Arab Emirates, 31 May 2021 – The coronavirus (COVID-19) pandemic of the last 15 months has demonstrated the acute importance of collaboration to build more agile, resilient, and responsive supply chains, said industry leaders at the 12th Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain Conference held virtually on 26-27 May.
Senior executives from across the chemical and petrochemical value chain, logistics service providers and shipping operators urged industry leaders to capitalize on the lessons learned during the pandemic and act upon them in the future – from collaborating more closely with the regulators, their customers, and strategic partners, to driving better supply chain visibility, investing in digitalization, building their workforce capabilities, and focusing on supply chain sustainability.
In his keynote address, Hamad Alterkait, Chairman of the Kuwait based company, PIC, encouraged chemical leaders to engage in supply chain collaboration even with their competitors and keep their inventory in close customer proximity to improve their reliability and better serve their end markets. He told attendees at the virtual event: “Regional chemical producers must diversify their supply base even if it means incurring higher costs in order to cushion the impact from any future crisis. Companies must also explore out of the box supply chain solutions, using different scenarios, which may aid in addressing important challenges at a critical time.”
Echoing Alterkait’s remarks on the importance of collaboration were Hosam Al-Zamil, VP, Global Supply Chain, SABIC; Ahmed Abdulla Al-Salahi, CCO, Q-Chem; and Ahmed Al-Katheeri, SVP - Supply Chain Management, Borouge, in the conference’s inaugural panel on the future of chemical supply chains. The COVID-19 pandemic was a test to chemical supply chains’ resilience, as it demonstrated that the world is one global community, panelists said.
“The future will not be the moving of our products; it will be the moving of data which will help enable responsiveness and agility and drive customer centricity to stay competitive. However, we cannot achieve this by working in silos. The chemical industry is just one part of the supply chain and we must work together to build a more resilient future,” Al-Katheeri added.
A recent GPCA survey confirms the insights shared by speakers. It found that chemical supply chain and operations have been the single most impacted business function within downstream organizations in the GCC in the past 15 months as a result of the COVID-19 pandemic. In the path to recovery, chemical companies must focus on supply chain digitalization, sustainability, trade facilitation and regulatory engagement. Within these trends, carbon neutrality, Artificial Intelligence (AI) and Machine Learning (ML) will be the key segments to focus on and drive the highest impact on businesses’ supply chains today, the survey found.
Dr. Abdulwahab Al-Sadoun, Secretary General, GPCA, commented, “I was pleased to welcome the regional and global chemical industry to the virtual edition of the 12th GPCA Supply Chain Conference last week and gain first-hand insight into the challenges associated with the pandemic on their chemical supply chain and operations. The audience was left with a message of positivity on what’s to come next and provided with a range of practical tips on how to address the uncertainty and any new crisis in the future. I hope delegates enjoyed attending the event and thank all our sponsors and partners for making this edition possible.”
The 12th GPCA Supply Chain Conference was held under the theme ‘Powering a resilient, responsive and agile supply chain’, attracting over 1300 attendees from 450 companies in 62 countries.
To learn more, visit www.gpcasupplychain.com
About the Gulf Petrochemicals & Chemicals Association
The Gulf Petrochemicals and Chemicals Association (GPCA) was established in 2006 to represent the downstream hydrocarbon industry in the Arabian Gulf. Today, the association voices the common interests of more than 250 member companies from the chemical and allied industries, accounting for over 95 percent of chemical output in the GCC. The industry makes up the second largest manufacturing sector in the region, producing over USD 108 billion worth of products every year.
GPCA supports the petrochemical and chemical industry in the Arabian Gulf through advocacy, networking and thought leadership initiatives aimed at helping member companies to connect, share and advance knowledge, contribute to international dialogue, and become prime influencers in shaping the future of the global petrochemicals industry.
Committed to providing a regional platform for stakeholders from around the world, GPCA manages six working committees – Plastics, Supply Chain, Fertilizers, International Trade, Research and Innovation, and Responsible Care – and organizes six world-class events each year. The association also publishes an annual report, regular newsletters and various other industry reports.
For more information, visit www.gpca.org.ae.
Gulf Petrochemicals and Chemicals Association
P. O. Box 123055,
United Arab Emirates
T: + 44 7561 525126
Ceresana | March 30, 2021
Automotive coatings do not just look good, they also protect the surface of vehicles against scratches, UV light, rust, fuel splashes, and other hazards. The automotive industry is one of the biggest consumers of coatings. The market research institute Ceresana has examined how the global market for automotive paints and coatings is recovering from the Corona crisis. Despite a massive decline, around 3.4 million tonnes of these high-performance coatings were consumed around the world in 2020. This latest study covers the coating of all components that are manufactured by suppliers or vehicle manufacturers and installed in road vehicles. It examines the use in passenger cars and commercial vehicles (trucks, vans, buses) - both in new construction and for spare parts.
Number of Car Registrations is Increasing Again
The global sales of new cars had already reached its peak in 2017 with more than 70 million units. Since then, i. a. the declining momentum in the emerging markets, especially the BRIC countries, has led to a drop in passenger car sales. The spread of Covid-19 caused a dramatic decline in the last year, with the number of new registrations decreasing by around 15% worldwide. However, a large part of the decline occurred in the first half of 2020. A recovery started already in the second half of the year, albeit to varying degrees depending on the country.
More Refinish Coatings, Fewer OEM Coatings
The financial losses suffered by many households as a result of the crisis will probably continue to have an effect for several years and will influence consumer behavior: Used cars gain in importance wherever new cars are unaffordable. Ceresana has conducted a detailed analysis of the demand for individual coating layers, areas of application, technologies, and product types. The market researchers expect coatings in the refinish segment to gain several percentage points of market share over OEM coatings in the course of 2021 or 2022. The slight time lag is due to the fact that the number of driven kilometers - and thus the demand for refinish coatings - is only gradually increasing again.
Large Quantities of Basecoats
High demands are placed on the quality and properties of automotive coatings. Full, partial, and individual part coatings are applied in the event of damage, for used cars, and for special new car coatings at the factory or dealership. The coating process can be divided into the following steps: cathodic dip coating, underbody protection and application of primer surfacer, basecoat, and clearcoat. Primer surfacers are used to even out surface irregularities and improve the adhesion of subsequent layers. The most important paint layer in terms of quantity is the basecoat, followed by the electrodeposition coating. The basecoat is a coloring layer and largely determines the appearance of the overall paint finish. Electrodeposition coating is primarily used to protect vehicle bodies from corrosion. The analysts at Ceresana expect the market for basecoats to reach a level of around 1.4 million tonnes in 2030.
The Study in Brief:
Chapter 1 provides an overview of the global market for coatings in the automotive industry - including forecasts up to 2030. Demand and revenues are presented for the regions Western and Eastern Europe, North America, South America, Asia-Pacific, the Middle East, and Africa.
Chapter 2 provides market data for the 16 most important countries, i.e. including country-specific demand and revenues. Demand is analyzed in detail for different coating layers (electrodeposition coating, primer surfacer, basecoat, clearcoat), application areas (OEM coatings, refinish coatings), technologies (solvent-borne, water-borne, others) and product types (epoxy, polyurethanes/PUR, acrylic, others).
Chapter 3 provides company profiles of the most important manufacturers of coatings for the automotive industry, clearly arranged according to contact information, sales, profit, product range, production sites, and profile summary. Detailed profiles are provided for 56 manufacturers.
Further information: www.ceresana.com/en/market-studies/industry/automotive-coatings/
As one of the world's leading market research institutes, Ceresana is specialized in the segments chemicals, plastics, packaging, and industrial goods with a focus on transportation / mobility. Companies have been benefiting from our high-quality industry analyses and forecasts since 2002. More than 200 market studies provide more than 10,000 customers around the world with the knowledge base for their sustainable success.
Find more information about Ceresana at www.ceresana.com
Press contact: Martin Ebner, firstname.lastname@example.org
Enowa | February 19, 2021
Enowa, LLC is pleased to announce the partnership with SAP in the second edition of 2021 Partner Stage to bring viewpoint to the SAP Chemical Community. Enowa is active in the Chemical Industry, notably driving numerous business and S/4HANA changes and utilizing measure mining devices to help their S/4HANA excursion. In the new interview with Rick Place, Partner at Enowa and SAP's Solution Specialist for the Chemical Industry Business Unit, Matthew Reymann, Rick answered how Enowa effectively drives changes and features the significance of the SAP accomplice environment for the achievement of the Chemical Industry.
Rick Place expresses the first concerns for the Chemical Industry is the requirement for speed in real data at real time, or near it. Further, Rick shares how coming from the beginning phases of monetary vulnerability and how that affects Mergers, Acquisitions and Divestitures – to largely extent driven by Enowa's Private Equity network. To achieve success, Enowa specialists are driving outcomes on these topics, a subset of our full competencies:
Enowa is a global, mid-sized SAP Gold Services partner established in nearly 20 years ago with a dedicated focus on business process and SAP consulting.
A top cloud company with 200 million users worldwide, SAP helps businesses of all sizes and in all industries to operate profitably, adapt continuously, and achieve their purpose.