23 Dhu al-Hijjah 1442 - 2 August 2021
    
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Eye of Dubai
Business & Money | Monday 21 June, 2021 1:07 am |
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Sipchem CEO Elected to the GPCA Board of Directors

Eng. Abdullah S. Al-Saadoon, the CEO of Sahara International Petrochemical Company (Sipchem), has been elected to serve on the Board of Directors of the Gulf Petrochemicals & Chemicals Association (GPCA). The prestigious appointment was announced during the GPCA 2021 annual general assembly meeting held recently in Dubai, and underlines Eng. Al-Saadoon’s highly significant contribution to the petrochemicals industry.

Eng. Al-Saadoon joined Sipchem in 2001 and was appointed CEO in 2020. The company has gone on to achieve many significant milestones under his visionary leadership, as well as significant increases in revenue. Driven by a commitment to leverage innovation and deliver operational excellence, Sipchem reported a net income of SAR 411.5 million (USD 109.7 million) during the first quarter of 2021. Recognized as one of the leading petrochemical companies in both Saudi Arabia and the wider region, its strategy is closely aligned with Vision 2030, the Kingdom’s roadmap to economic diversification and sustainable prosperity.

Established in 2006, the GPCA represents the downstream hydrocarbon industry in the Arabian Gulf. The association voices the common interests of more than 250 member companies through advocacy, networking and thought leadership initiatives that help member companies to connect, share and advance knowledge, and become prime influencers in shaping the future of the global petrochemicals industry.

 

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