Abdulwahab Al-Sadoun, Secretary General of Gulf Petrochemicals and Chemicals Association (GPCA)
Over 85% of the Gulf’s petrochemical production is exported to more than 100 countries, Abdulwahab Al-Sadoun, Secretary General of Gulf Petrochemicals and Chemicals Association (GPCA), told CNBC Arabia. 
The volume of annual exports exceeded $85 billion, he added.
Gulf states are adopting an open market policy, Al-Sadoun said, noting that customs duties have introduced uncertainty into global trade.
China’s policy of self-sufficiency in production has become a challenge for the Gulf petrochemical industry. However, Asia remains a promising growth market, while Africa has increasingly become one of the most significant emerging markets.
Abdulwahab Al-Sadoun, Secretary General of Gulf Petrochemicals and Chemicals Association (GPCA)
Over 85% of the Gulf’s petrochemical production is exported to more than 100 countries, Abdulwahab Al-Sadoun, Secretary General of Gulf Petrochemicals and Chemicals Association (GPCA), told CNBC Arabia.
The volume of annual exports exceeded $85 billion, he added.
Gulf states are adopting an open market policy, Al-Sadoun said, noting that customs duties have introduced uncertainty into global trade.
China’s policy of self-sufficiency in production has become a challenge for the Gulf petrochemical industry. However, Asia remains a promising growth market, while Africa has increasingly become one of the most significant emerging markets.
