Duqm to Host Discussion on Future of Petrochemicals
The Special Economic Zone at Duqm will host a session on 10 December to examine the evolving economics of the petrochemical sector. The event will bring together analysts, industry specialists, and policymakers to discuss global trends, new technologies, sustainability, and their implications for industrial growth in Duqm and Oman.
The Special Economic Zone at Duqm (SEZAD) is set to host a session titled 'Duqm Now' on 10 December at the Crowne Plaza Hotel Duqm. The session will focus on the changing economics of the petrochemicals sector, offering business leaders insights into global industry developments and their impact on Duqm and Oman. Petrochemicals play a crucial role in industrial supply chains, accounting for a significant share of global oil demand, with ongoing capacity expansions in regions like the US and China reshaping competitive dynamics. Producers are adapting to higher energy costs, embracing circularity, and exploring new technologies and feedstocks. These changes influence investment decisions, supply-chain design, and regulatory compliance. The event aims to help stakeholders understand these pressures and their implications for industrial growth, bringing together analysts, industry specialists, and policymakers to discuss practical implications for the sector.
