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The Petrochemical Heritage Award was established in 1997 to recognize leaders who inspire achievement and promote public understanding of the modern sciences, industries, and economies.
The award was presented on behalf of the Chemical Heritage Foundation, the Founders Club and the National Petrochemical and Refiners Association at the NPRA's annual Symposium on Innovation and Entrepreneurship.
In making the award, Thomas Tritton, president and CEO of the Chemical Heritage Foundation, said,
"The business of petrochemicals is an increasingly global one and no one knows better the challenges and opportunities of internationalization than Mohamed Al-Mady. 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."
Mohamed Al-Mady has been Vice Chairman and Chief Executive Officer of Saudi Basic Industries Corporation (SABIC) since July, 1998. He joined SABIC in 1976 with a bachelor degree in Chemical Engineering from University of Colorado, USA in 1973 and a Master's Degree in Chemical Engineering from the University of Wyoming, USA in 1975. He has held various key positions within the company.
In addition, he is Chairman of the Gulf Petrochemicals and Chemicals Association (GPCA), a member of the Board of the Boao Forum, a Fellow with the London Business School, a member of the World Economic Forum's International Business Council, and serves as a member to a number of university and business advisory boards."
Posted by Rima Ali Al Mashni
