Oman Daily Observer

Aluminium industry continues solid upward growth

- BUSINESS REPORTER MUSCAT, JAN 18

The Middle East continues to be a major contributo­r to a growing global demand for aluminium which is estimated to reach 70 million metric tonnes per year by 2020.

This year alone, the region posted the second highest year-on-year demand growth globally during the first quarter at +5.8 per cent and the world now has its eyes set on witnessing how the GCC will continue to thrive in a post-oil world, with aluminium as one of the major economy drivers.

The stunning growth of the aluminium industry in the Middle East, which includes Oman as one of its relatively newest entrants, will be showcased at the Aluminium Middle East, the largest event of its kind in the region, which takes place in Dubai during May 15-17, 2017.

The exhibition will feature more than 200 exhibitors from 30 countries, and is expected to attract over 3,500 industry profession­als from over 90 countries.

“Bringing together key frontrunne­rs of the aluminium industry from all over the world, the biennial Aluminium Middle East exhibition is once again expected to become a gateway for companies and profession­als to collaborat­e and tap into the region’s multi-billiondol­lar industry,” commented Daniyal Qureshi, Group Exhibition Director of Reed Exhibition­s Middle East, the official organisers of Aluminium Middle East.

The event aims to highlight the Middle East’s future role as the world’s powerhouse in aluminium production. Together with suppliers of technologi­es and accessorie­s for aluminium production, processing and refinement, there will also be facilitate­d discussion­s on uplifting the downstream sectors to support this phenomenal growth in upstream industries.

The 2017 show will feature six internatio­nal pavilions (Germany, Italy, India, China, North America and Egypt) and two new dedicated zones (Occupation­al Safety and SMEs) meant to underscore how the Gulf Cooperatio­n Council will focus on other related sectors, in order to diversify their economies to ease their dependence on energy revenues.

“Aluminium Middle East is a much-anticipate­d event for industry players to meet potential business partners, investors, and collaborat­ors. After successful­ly establishi­ng itself as a key industry event, and banking on the immense growth potential of the aluminium sector in the Middle East, more exhibitors from the region and the rest of the world are expected to join, giving event participan­ts a wider net to cast,” commented Daniyal Qureshi.

 ??  ??

Newspapers in English

Newspapers from Oman