ADNOC’s Rashed Saud Al Shamsi elected as GPCA’s Chairman
The Gulf Petrochemicals and Chemicals Association (GPCA) today announced the appointment of its new Chairman, His Excellency Rashed Saud Al Shamsi.
Formerly Vice Chairman of GPCA, Al Shamsi steps into the shoes of GPCA’s former Chairman Mohamed Al Mady, who was recently appointed as the Chairman of the General Organisation for Military Industries through a Royal Decree issued by His Royal Highness King Salman bin Abdulaziz Al-Saud, King of Saudi Arabia.
“The legacy left by Eng. Mohamed Al Mady is a superb example to follow, and I am honoured to have been selected to continue driving the influential nature of the Association to further establish its position as a predominant authority in the petrochemicals field,” said Rashed Saud Al Shamsi.
Having held the position of Vice Chairman of the GPCA since 2012, Al Shamsi is highly familiar with the Association and its goals. He assumes his new role immediately, following a rigorous voting process by GPCA’s full member companies.
“Under the guidance of Mohamed Al Mady who chaired the Association since its launch in 2006, GPCA has flourished and reached new heights. We offer him our sincere thanks for his visionary leadership, and congratulate him on his new appointment,” said Dr. Abdulwahab Al- Sadoun, Secretary General, GPCA. “It is our pleasure to welcome H.E. Rashed Saud Al Shamsi into the role of the Chairman; and having been GPCA’s Vice Chairman for the past three years, we have every confidence that not only is he the right man for the job, but also he will continue to foster the GPCA’s key values of advocacy, networking and thought leadership.”
As Director of Petrochemicals at the Abu Dhabi National Oil Company (ADNOC), one of the world’s leading oil companies, Al Shamsi has nearly 30 years of experience in the region’s downstream sector. He is currently the Chairman of the Board of Fertil (Ruwais Fertilizers Industries), a leading and one of the fastest expanding fertilizers companies regionally and globally; the Chairman of the Board of Borouge Pte Ltd which represents the marketing arm of Abu Dhabi Polymers Company (Borouge), a leading provider of innovative, value creating plastics solutions for the infrastructure, automotive and advanced packaging markets, and the Vice Chairman of the Board of Abu Dhabi Polymers Company (Borouge).
Gulf Petrochemicals & Chemicals Association
The Gulf Petrochemicals and Chemicals Association (GPCA) represents the downstream hydrocarbon industry in the Arabian Gulf. Established in 2006, the association voices the common interests of more than 250 member companies from the chemical and allied industries, accounting for over 95% of chemical output in the Arabian Gulf region. The industry makes up the second largest manufacturing sector in the region, producing over USD 108 billion worth of products a year.
Abu Dhabi National Oil Company
Abu Dhabi National Oil Company (ADNOC) was established in 1971, to operate in all areas of the oil and gas industry and since then has steadily broadened its activity establishing companies and subsidiaries and creating an integrated oil and gas industry in Abu Dhabi. Today, the company manages and oversees oil production of more than 2.7 million barrels a day which ranks it among the top ten oil and gas companies in the world.