Mohamed Al-Mady has been retained Chairman of the Gulf Petrochemicals and Chemicals Association, (GPCA), a regional grouping of powerful players in the petrochemicals and chemical sectors.

Al-Mady, who is also vice chairman and chief executive officer of Saudi Basic Industries Corporation (Sabic) will continue to head the GPCA for another three years till 2011.

The decision to retain Al-Mady as chairman was taken at the GPCA’s annual general meeting that was held in Dubai last week, after it was resolved at the AGM that the eight founding members of GPCA will become permanent members of the board.

As such it was also decided to retain Hamad Abdul Rahman Al Terkait, the president of Equate as vice chairman, GPCA and Abdulaziz Alhajri, chief of Borouge as the treasurer.

Formed in March 2006, GPCA, which has its headquarters in Dubai, has seen memberships rise from eight founding members to 141 today.

GPCA aims to put its resources together to enhance the role of the region in international debate and policy making vis-a-vis petrochemicals, fertilizers and chemicals, to facilitate regional cooperation, and to ensure that growth is both sustainable and socially responsible.

Dr Abdulwahab Al-Sadoun, an industry veteran has been appointed as the new secretary general of GPCA, replacing Abdullah S Bin Zaid Al-Hagbani.

Dr Al-Sadoun is an expert on the petrochemicals industry with a deep understanding of both the technical and economic aspects of the petrochemical value chain and its downstream industries.

Dr Al-Sadoun holds a PhD in the field of Industry Chemistry obtained from King’s College University of London and is also a graduate of the General Management Program (GMP3) of Harvard Business School.-TradeArabia News Service