May 12 2012
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SABIC CEO receives honorary doctorate from University of Colorado, advises students to create and pursue vision
The University of Colorado - Boulder has conferred an honorary Doctor of Science degree on Mohamed Al-Mady, Saudi Basic Industries Corporation ( SABIC ) Vice Chairman and CEO.
Al-Mady, who earned his bachelor's degree in chemical engineering at the university in 1973, received the degree at a commencement ceremony on May 11. The university had previously honored Al-Mady in 2010 with the Distinguished Engineering Alumni Award as an "influential leader in the energy industry."
Addressing the university's students at an Engineering Recognition Ceremony on May 10, Al-Mady recalled the days when he was a young engineering undergraduate student almost 40 years ago, privileged to receive an education at the University of Colorado. "The lessons I learned here formed my future, not only in my career at SABIC but also my interest in continuing education," he said.
The University of Colorado - Boulder is the flagship university of the state of Colorado.About SABIC
Saudi Basic Industries Corporation ( SABIC ) ranks among the world's top petrochemical companies. The company is among the world's market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.
SABIC 's businesses are grouped into Chemicals, Polymers, Performance Chemicals, Fertilizers, Metals and Innovative Plastics. SABIC has significant research resources with 17 dedicated Technology & Innovation facilities in Saudi Arabia, the USA, the Netherlands, Spain, Japan, India and South Korea. The company operates in more than 40 countries across the world with more than 33,000 employees worldwide.
SABIC manufactures on a global scale in Saudi Arabia, the Americas, Europe and Asia Pacific.
Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 percent of SABIC shares with the remaining 30 percent held by private investors in Saudi Arabia and other Gulf Cooperation Council countries.
© Press Release 2012
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