DP World, the leading provider of smart logistics solutions, has showcased its streamlined chemical supply chain solutions and extensive range of logistics offerings at the 13th edition of the Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain Conference 2022.
DP World UAE plays a pivotal role in facilitating the growth of the UAE’s and GGC’s rapidly growing petrochemical sector through its flagship assets in Jebel Ali. Valued at $5.82 billion, DP World’s petrochemical hub accounts for around 60 percent of Dubai’s total trade value in the sector.
Jebel Ali Free Zone (Jafza) alone supports 4,100 port customers and is home to 565 companies from the petrochemical sector. Complementing this is the Jebel Ali Port, a hub for global petrochemical companies catering to growing markets of the Indian Subcontinent, Africa, and the Middle East.
“The petrochemicals sector is an integral pillar of Operation 300bn, the UAE’s Industrial Strategy that aims to increase the GDP from $36.2 billion to $81.6 billion by 2031. Since 95 percent of all manufactured goods rely on petrochemicals, the sector is essential to the global economy. So, despite the 2020 crisis and the delayed economic recovery, the sector is poised for significant growth in the decades ahead.”
The Jebel Ali Port handles 65 percent of GCC polymer exports and 33 percent of GCC petrochemical exports owing to its robust container handling facilities. The port has a dedicated liquid chemical handling capacity of two million square meters, with 11 berths and over one million cubic meters of liquid bulk storage space.
DP World UAE’s comprehensive solutions also include tank terminals and warehousing, specialized storage space for packed lubricants, fuels and industrial chemicals, ISO tanks storage and dangerous goods warehouses.
Spread over an area of 3.9 million square meters, Jafza supports several key petrochemicals companies, including DOW, BASF, Total and Gulf Petrochem. Its enhanced capabilities have ensured its status as the base for some of the largest chemical distributors in the Middle East and Africa.