Leaders at the inaugural edition of the Gulf Petrochemicals & Chemicals Association Leaders Forum said securing a bright future for the GCC’s chemical industry “will require bold leadership that adapts to the new trends emerging in the post-pandemic reality”.
GPCA and vice chairman and CEO, Yousef Al-Benyan, said: “Industry leaders would need to change how they think about growth, innovation and their operating models.”
“A major acceleration – during the pandemic – of already established trends such as digitalisation, a re-energised focus on sustainability and innovation, circular economy, the move towards decarbonisation and renewable energy, as well as the energy and materials transition among others. The pandemic emphasised the power of collaboration, without which, the world would not be anywhere near global recovery”.
The forum was held under the theme ‘In pursuit of resurgent growth during turbulent times.’ The inaugural edition of the GPCA Leaders Forum involved 83 senior industry leaders from 58 companies.
Secretary general at GPCA, Dr Abdulwahab Al-Sadoun, said: “Chemical industry leaders must leverage the lessons learned from the COVID-19 pandemic and lead with a renewed sense of purpose to create value for its shareholders, costumers, society and our planet.
“The next decade will require companies to embrace people centricity, innovate and adopt agile decision making. To succeed, the industry would also need to drive customer collaboration and formulate effective partnerships. It would need to develop products that meet the future needs of our times and demonstrate leadership in the digital transformation.”
For more information visit www.gpca.org.ae
