Dubai to host “Chemtex” exhibition in September
The emirate of Dubai will host the “Chemtex” Middle Eastern exhibition between September 4th and 6th, which will be participated by several international petrochemical and chemical companies.
A Web site created especially for this fair, named “Chem e-trade”, has been launched, enabling the companies to execute deals directly through the Internet.
The chemical and petrochemical imports of the Arabian Gulf states amounts to $15 billion per annum, with the Emirates’ share reaching $1.5 billion annually.
Results of a recent market survey, reported in Al-Sharq Al-Awsat daily, predict that the total investment in the Middle East chemical industry will reach $33 billion by the end of 2000. The same study estimates the growth rate of this industry at 10-15 percent. This region plays a key-role in the global chemical industry.