Date: 5th January 2019
Venue: Dubai,United Arab Emirates
ArabPlast 2019, the biggest plastics, petrochemicals, and rubber industry exhibition in the Mena region, is set to bring together key players and experts in the sector from around the world in Dubai in early January. The previous edition of ArabPlast had seen participation by 906 exhibitors from 41 countries and 27,268 visitors from 119 countries. Arabplast is also ranked as No. 1 show in the region in plastics, petrochemicals and rubber industry. On display at Arabplast 2019 are new products and technologies in injection molding, blow moulding, wrapping, and packaging, pre and post plastic processing techniques as well as raw materials, such as additives and polymers. The show covers a wide spectrum of plastic machinery, plastic/rubber processing technology, pre and post-processing systems, plastic packaging technology, injection moulding, blow moulding, wrapping technology, extrusions, chemicals and additives, semi-finished goods, engineering plastics and plastic products.
Think of unstoppable progress in the Middle East and the first name that springs to mind would be Dubai, a flourishing Emirate of UAE. Companies from around the world have made their presence felt in Dubai a nodal point for the entire GCC & MENA regions. UAE is creating history across transnational borders as the hub for Asia, Europe & Africa.
As per the Ministry of Foreign Trade, UAE exports of plastics grew by 127 % ($2.2 billion) and it produces 25 % of all plastics produced within the GCC. There are about 600 plastics factories in UAE alone. 41 countries receive UAE exports of plastics worth over $10 million each, with India in First place, receiving $195 million worth of the product from the UAE (11 % of the UAE’s overall plastics exports) followed by China, which received $149 million (8%).
While UAE’s imports of plastics reached $3.4 billion in 2011, up by 17.2 % 2010. Global trade of plastics exceeded the $1 trillion mark in 2011, reaching a total of $1.11 trillion, with imports and exports having around a 50 % share each. China alone owns a 10.4 % share ($115.6 billion) of the world’s plastics trade, followed by Germany ($105.6 billion) and the United States of America ($100 billion), with all three combined being responsible for a third of the world’s plastics trade.