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industrial-gas-market-forecast-to-be-given-at-gasworld-mena-conference
industrial-gas-market-forecast-to-be-given-at-gasworld-mena-conference

Industrial gas market forecast to be given at gasworld MENA conference

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An update of the Middle East and North Africa (MENA) industrial gas markets will be given at gasworld’s MENA Industrial Gas Conference, taking place in Dubai from 7th-9th December, 2015.

The MENA region is attracting increased interest and investment in the core industrial sectors. Coupled with other investments in metals, glass and petrochemicals, the projected commercial gases market in the region is predicted to reach a value of $4.5bn by 2020, in a high-growth scenario (gasworld Business Intelligence).

2015 has already seen a portfolio of industrial gas activity unfold in the Middle East. In June, Air Liquide announced the start-up of its global-scale hydrogen production site in Yanbu Industrial City, on the west coast of Saudi Arabia. This investment of more than €350m represents both the largest industrial investment and largest ‘over-the-fence’ hydrogen contract of the group to date. In addition, April this year saw the joint venture between Air Products and ACWA Holdings commission construction of the world’s largest industrial gas complex, seeing a further investment of $2.1bn in Saudi Arabia.

With such a hive of activity in the region, what better time for gasworld to return to this land of plenty for its much anticipated MENA Industrial Gas Conference?

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