Saudi Basic Industries Corp (SABIC) said on Sunday it has named Yousef Abdullah Al Benyan as its new chief executive officer, replacing outgoing head Mohamed Al Mady.
Benyan was named executive vice president of corporate finance for SABIC last month, replacing Mutlaq Al Morished who joined National Industrialization Co (Tasnee) as its CEO in December.
New Saudi King Salman appointed Mady as the president of the country’s military industries corporation, a royal decree published on the state news agency SPA said on Saturday. Mady has been working at SABIC, one of the world’s largest petrochemicals companies, since 1976.
Saudi Industrial Investment Group (SIIG; Riyadh) and National Petrochemical Co. (Petrochem; Jubail, Saudi Arabia) say they have started talks over a potential merger of the two companies. SIIG and Petrochem […]
Solvay has launched its Peroxides for the Future (P4F) program, a multi-year plan to adapt its peroxides industrial footprint in EMEA and make product available where customers need it most. […]
INEOS Styrolution and Trinseo, global leaders in the manufacturing of polystyrene and other styrenic materials, announced today that they are advancing plans to build the first-of-its-kind polystyrene recycling plant based […]