Riyadh – Mubasher: Sahara International Petrochemical Company (Sipchem), an integrated global leader in the petrochemical sector and a company listed on the Saudi Stock Exchange (Tadawul), attended the K 19, “The World’s No. 1 Trade Fair for Plastics and Rubber,” that was held in Düsseldorf, Germany.

The event took place during the period between 16 and 23 October, according to Sipchem’s statement on Thursday.

The fair hosted over 3000 global thought leaders, exhibitors and industry experts, under themes such as “Plastics for Sustainable Development” and “Circular Economy”.

Sipchem’s participation in the K 19 fair is in line with Saudi Arabia’s Vision 2030 to build national champions with strong local and international reach in the petrochemical industry.

“Sipchem has built up a diversified product portfolio and value chain presence in attractive and fast-growing markets, such as diversified segments,” Saleh Bahamdan, CEO of Sipchem, commented.

He added that the company aims to bolster Saudi Arabia’s profile to international investors by being one of the largest companies in the petrochemical sector.

“This investment will allow Sipchem, with the blessing of Allah Almighty, to further increase production, and support the ongoing industrial development outlined in the comprehensive development plans being implemented by the Kingdom,” the CEO said.

During the event, Sipchem exhibited several of the company’s main products such as ethyl, and butyl acetates - which are used as fruit flavouring in foods - produced by Sipchem Chemicals Company, an affiliate of Sipchem.