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PHILADELPHIA, PA—16 February 2009—Chemical Heritage Foundation (CHF), the Founders Club, and the National Petrochemicals and Refiners Association (NPRA) today announced that Mr. Mohamed Al-Mady will be the recipient of the thirteenth annual Petrochemical Heritage Award on Sunday, 29 March 2009, at the Grant Hyatt in San Antonio. Mr. Al-Mady is the Vice-Chairman and Chief Executive Officer of the Saudi Basic Industries Corporation (SABIC). The award will be presented to Mr. Al-Mady in person at the annual Symposium on Innovation and Entrepreneurship, “Global Challenges, Global Opportunities,” held as part of the 34th National Petrochemical Refiners Association (NPRA) International Petrochemical Conference. He will be available to press on Monday, March 30.
“The business of petrochemicals is an increasingly global one, and no one knows better the challenges and opportunities of internationalization than Mohamed Al-Mady,” said Thomas Tritton, president and CEO of CHF. “As CEO of one of the largest petrochemical companies in the world, he has engineered SABIC’s growth from a regional to a global industry leader that is at the forefront of reshaping the worldwide chemical industry.”
About Mohamed Al-Mady
Mohamed Al-Mady oversees a global business with customers in over 100 countries and 16,000 employees worldwide. SABIC produces a wide range of petrochemical and other products and has two large industrial sites in Saudi Arabia, with 16 world-scale production complexes, stakes in industrial ventures in the Middle East, and 12 overseas offices to service specific markets through Europe, Asia, and the Americas.
Al-Mady also serves as Chairman of the Saudi Arabian Fertilizer Company (SAFCO), SABIC R&T Executive Committee, and the SABIC EuroPetrochemicals B.V. Executive Board. He also sits on the Board of Aluminum-Bahrain (ALBA) and the US-Saudi Business Council, and heads the Saudi-side of the Saudi-Taiwanese Joint Committee for Economic and Technical Cooperation. Al-Mady has been Vice Chairman and Managing Director of SABIC since July 1998, having joined them in 1979, the year in which the company was established.
About the Petrochemical Heritage Award
CHF and the Founders Club established the Petrochemical Heritage Award in 1997 to recognize individuals who made outstanding contributions to the petrochemical community; to inspire achievement; and to promote public understanding of the modern sciences, industries, and economies. Past recipients of the award are Dave C. Swalm, founder of Texas Petrochemicals Company; Peter R. Huntsman, president and CEO of the Huntsman Corporation; Dan L. Duncan, founder and chairman of Enterprise Products Partners L.P.; J. Virgil Waggoner, president and CEO, Sterling Chemicals; T. T. Chao, founder of Westlake Chemicals; William A. McMinn, Jr., former president of Cain Chemical; Harold A. Sorgenti, former president and chief executive officer of ARCO Chemical Company; Herbert D. “Ted” Doan, former chairman and CEO of The Dow Chemical Company; Jon M. Huntsman, founder of Huntsman Corporation; Gordon Cain, well-known chemical engineer and business entrepreneur; John T. Files, founder and chairman of the Merichem Company; John R. Hall, chemical engineer and former president, chairman, and CEO of Ashland; and Ralph Landau, cofounder of Halcon/Scientific Design Group.
About the Founders Club
The Founders Club was established in 1981 by a group of petrochemical industry executives who led the development of the petrochemical industry, particularly in the United States. These industry leaders participated in the establishment of the Petrochemical Committee of the NPRA which ultimately generated the International Petrochemicals Conference (IPC) as a separate identity within NPRA. The Founders Club proudly advances the legacy we inherited from these "founders" as contributing stewards of the petrochemical industry to encourage emulation, inspire achievement, and promote the public understanding of the modern petrochemical sciences, industries, and economics.
About the National Petrochemicals and Refiners Association
The National Petrochemical & Refiners Association (NPRA) was established in 1961 as a result of the merger of the National Petroleum Association and the Western Petroleum Refiners Association. It is the oldest continuing oil industry association in the United States, dating back to 1902, with the founding of the National Petroleum Association. NPRA represents virtually all refining and petrochemical producers in the United
States and has a significant number of non-U.S. companies as members. The association serves its members by gathering and disseminating information and statistics pertaining to the petroleum refining and petrochemical manufacturing industries, by promoting environmental improvement, and by providing an effective channel of communication
About the Chemical Heritage Foundation
The Chemical Heritage Foundation serves the community of the chemical and molecular sciences, and the wider public, by treasuring the past, educating the present, and inspiring the future. CHF carries out a program of outreach and interpretation in order to advance an understanding of the role of the chemical and molecular sciences, technologies, and industries in shaping society; maintains a world-class collection of materials that document the history and heritage of the chemical and molecular sciences, technologies, and industries; and encourages research in its collections.
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