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Gulf PET Producers: Six Key People Responsible for Developing the Polyethylene Terephthalate (PET) Market in the GCC

MEED Middle East Economic Digest, November 5, 2010 | Article details

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Gulf PET Producers: Six Key People Responsible for Developing the Polyethylene Terephthalate (PET) Market in the GCC


Mohamed al-Mady

POSITION Chief executive officer, Saudi Basic Industries Corporation (Sabic)

BIOGRAPHY Mohamed al-Mady has been the chief executive of Sabic since July 1998. Al-Mady joined the company in 1976 and worked his way through the ranks. He has a bachelor's degree hi chemical engineering from the University of Colorado and a master's degree, also in chemical engineering, from the University of Wyoming, both in the US. As the chief executive of Sabic, Al-Mady is responsible for the PET-producing affiliate Arabian Industrial Fibers Company (Ibn Rushd), based at Yanbu on the Red Sea coast of Saudi Arabia. In February, Al-Mady announced that Ibn Rushd planned to double capacity from 350,000 tonnes a year (t/y) to 700,000 t/y. Bids are now in for two major projects at the site. Al-Mady is also chairman of the Gulf Petrochemicals and Chemicals Association and a member of the …

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