Mohamed Al Mady re-Elected Chairman of Gulf Petrochemicals and Chemicals Association

GPCA elects new board members at fifth annual general meeting in Dubai

Dubai, UAE, April 1, 2012: Mohamed Al-Mady, Vice Chairman and Chief Executive Officer of SABIC, has been retained as Chairman of the Gulf Petrochemicals and Chemicals Association (GPCA), the region's leading trade association dedicated to the downstream industry in the Middle East.

The unanimous decision to retain Mr. Al-Mady was taken after the election of the association's new board of directors, which took place at the fifth GPCA's Annual General Meeting in Dubai on March 15.

The eight founding members of the GPCA in 2006 - SABIC and Tasnee (Saudi Arabia), Equate and PIC (Kuwait), QAPCO and QVC (Qatar), Borouge (Abu Dhabi) and GPIC (Bahrain) - are permanent members of the board.

Dr. Abdulwahab Al-Sadoun, Secretary General of the GPCA, said: "Mr. Al Mady is a prominent figure in the global petrochemical industry and we are deeply honoured that he will remain our chairman following the AGM elections. We are served by the widest cross section of industry experts in the Middle East, which illustrates the depth of knowledge and experience the GPCA brings to its members, as well as to the debates shaping our industry."

Dr. Al-Sadoun added: "We are also delighted to welcome a number of new appointments to our board, which will further strengthen cooperation across our diverse membership."

Saud Rashed Al Shamsi, Petrochemicals Director of ADNOC; Abdulaziz Judaimi, Vice President at Saudi Aramco; and Musab Al-Mahrouqi, CEO of ORPIC from Oman; were elected as new board members at the AGM. Mr. Al-Shamsi was elected Vice Chairman of the GPCA.

The fifth AGM endorsed the GPCA's strategy to grow the association's membership and better serve the interests of companies active in the oil and gas downstream sector. The strategy was developed by the international consultancy firm A.T Kearney.

GPCA's mission is to support the growth and sustainable development of the petrochemicals and chemicals industries in partnership with its members and other stakeholders. GPCA is achieving its mission and objectives though providing the right networking platforms to share knowledge and promote best practices. Its annual forum is now considered a flagship event on both regional and international levels, attracting at its sixth event last December close to 1,600 delegates.

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About the Gulf Petrochemicals & Chemicals Association
The Gulf Petrochemicals and Chemicals Association (GPCA) is the voice of the industry in the region. Established as a non-profit organization in March 2006, it is the first trade association in the Gulf and the largest and most respected industry body representing the downstream sector in the Middle East.

Today, the association has 180 members from 31 countries, including the largest Arab world and multinational companies.

Committed to providing a regional forum where stakeholders from across the industry share insights, solutions and new ideas, the GPCA has five working committees - Human Resources, Plastics, Supply Chain, Fertilizers, Advocacy, and Responsible Care - and organizes five world-class events each year.

The association also publishes an annual report and a regular industry newsletter, Insight.

Since its inception, the GPCA has raised the standard for industry-wide cooperation and continues to promote the region and its interests in the international policymaking sphere.

Additional information is available at www.gpca.org.ae and the GPCA can also be found on Facebook and Twitter.

Contact:
Dima Al-Horani
Gulf Petrochemicals and Chemicals Association
P. O. Box 123055
Dubai, United Arab Emirates
T: + 9714 451 0666 begin_of_the_skype_highlighting- Ext 109
E: dima@gpca.org.ae

Andrew Kennedy/Iman Ahmed
ASDA'A Burson-Marsteller
info@asdaa.com
T: +9714-4507600
E: a.kennedy@asdaa.com

New Gulf Petrochemicals & Chemicals Association board: