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Rex Fuels to gather energy and infrastructure leaders in Muscat

3 hours ago
By AI, Created 09:43 UTC, Aug 11, 2026, AGP -

The 20th Rex Fuels Global Expo & Conference will convene in Muscat, Oman, on Aug. 31, 2026, as petrochemicals, refining and logistics companies confront shifting demand, supply chains and sustainability pressure. The event will spotlight India-Oman trade links and the sector’s growing role in global oil demand.

Why it matters: - The petrochemical sector is becoming a bigger force in global oil demand and industrial growth. - The conference will focus on how companies can balance expansion, sustainability and supply-chain resilience. - India and Oman are emerging as complementary hubs for manufacturing, trade and downstream investment.

What happened: - The 20th Edition of the Rex Fuels Global Expo & Conference is scheduled for 31 August 2026 at the Grand Millennium Muscat in Oman. - The event will bring together leaders from refining, petrochemicals, commodity trading, logistics, infrastructure and manufacturing. - The conference is designed to examine market shifts, regional cooperation and commercial opportunities across the value chain.

The details: - The International Energy Agency projects petrochemicals will become the largest driver of global oil demand growth from 2026 onward. - By 2030, production of polymers and synthetic fibres alone is expected to require 18.4 million barrels of oil per day. - Companies are investing in recycling technologies, cleaner feedstocks, digital manufacturing and circular economy solutions. - The conference agenda includes feedstock availability, downstream integration, logistics efficiency, sustainability, digitalisation and petrochemicals in the energy transition. - India is expected to account for the largest increase in oil demand of any country through 2030, driven by industrialisation, urbanisation and manufacturing growth. - India’s chemical and petrochemical sector accounted for 8.1% of manufacturing Gross Value Added in FY2024, according to the Economic Survey. - India’s chemicals and petrochemicals market is expected to grow from about USD 220 billion to USD 300 billion. - India’s petrochemical industry is projected to approach USD 1 trillion by 2040. - India currently consumes 25–30 million tonnes of petrochemical products annually. - Investment is flowing into integrated refining and petrochemical capacity to cut import dependence and support downstream manufacturing. - Oman’s petrochemical position is being reinforced by integrated assets at Sohar and the continued development of Duqm as an industrial and logistics hub. - Oman’s location on key shipping routes gives it access to markets in the Gulf, the Indian subcontinent, East Africa and beyond. - The India-Oman relationship is creating opportunities for investment, downstream manufacturing, technology partnerships and long-term supply agreements.

Between the lines: - The event reflects a broader shift in petrochemicals from pure production growth to ecosystem-building across trade, technology and logistics. - India’s demand growth and Oman’s logistics advantage make the two markets strategically linked for future supply chains. - Collaboration is becoming a competitive advantage as companies face more interconnected markets and cross-border investment decisions.

What's next: - Industry leaders will use the Muscat conference to compare strategies and form commercial ties. - Discussions are likely to shape expectations for capacity additions, regional partnerships and sustainability investments. - The event will serve as a checkpoint for how the petrochemical industry is adapting to global energy transition pressures.

The bottom line: - Rex Fuels is positioning its 2026 Muscat conference as a meeting point for the next phase of petrochemical growth, where demand, logistics and partnerships matter as much as production capacity.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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