Mohammed
H. Al-Mady obtained his B.S degree at the University of Colorado at Boulders in
1973. Studying further he earned an M.S. in chemical engineering from the
University of Wyoming 1975.
He
joined Saudi Basic
Industries Corporation (SABIC) at its inception in 1976. Al-Mady has held
various key positions within the company and climbed through the corporate
ladder. He was finally appointed Vice
Chairman and CEO of SABIC in July 1998.
Having been in command of the company for over a decade Al-Mady has
contributed significantly to the company’s continued growth. For his stewardship of SABIC and other activities Al-Mady has received many awards such as an Honorary Doctor of Science Degree by the University of Colorado at Boulder in 2012; Company of the Year (Chemicals) by the People’s Choice Stevie Award in 2011; and elected by Colorado Engineering & Applied Science College among the gifted students with global scientific and industrial contributions in 2010.
SABIC
was created by royal decree in September 1976. It began the move into using the
by-products of oil extraction to produce value-added commodities like
chemicals, polymers, and fertilizers which were targeted for export.
As
a consequence, in the late 1970s and early 1980s the fishing village of
Al-Jubail transformed into a modern industrial city with the Royal Commission
for Jubail and Yanbu building the infrastructure, and SABIC constructing the
factories. In 1985 the company’s total
production was 6.3 million tons (mmt). It reached 69 mmt by the end of 2012.
In
2011 profit was at $7.8 billion with total assets standing at $88.74 billion.
While
always looking towards the future Al-Mady can look back at the significant role
he has played in SABIC’s growth and development. 
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