LONDON and NEW YORK, Jan. 14, 2025 /PRNewswire/ -- ICIS has unveiled its 2025 ICIS Top 40 Power Players, a global ranking of the leading CEOs and senior executives driving the greatest positive impact in their companies and the chemical industry.
The ICIS Top 40 Power Players ranking in the 10 January 2025 issue of ICIS Chemical Business is available for download here.
SABIC CEO Abdulrahman Al-Fageeh has been selected as #1 in the listing for 2025, followed by Dow CEO Jim Fitterling at #2 and Karen McKee, president of ExxonMobil Product Solutions at #3.
SABIC has streamlined its operations by selling its metals business and shutting down less efficient plants in Europe, while investing in large chemical projects in Asia and Saudi Arabia.
"Al-Fageeh is overseeing a $6.4 billion cracker project in Gulei Industrial Park in China through the SABIC FUJIAN Petrochemicals joint venture which will be another milestone for the company's China footprint when it starts up in 2026," said Joseph Chang, Global Editor of ICIS Chemical Business.
"SABIC is also a leader in circularity with a target of processing 1 million tonnes/year of waste plastics by 2030 to produce recycled polymers," he added.
In November 2024, SABIC and Plastic Energy completed their SPEAR (SABIC Plastic Energy Advanced Recycling) joint venture project in Geleen, Netherlands with mixed waste plastics input capacity of 20,000 tonnes/year.
The ICIS Top 40 Power Players are selected by the global ICIS editorial team for demonstrating excellence and vision in one or more of the following areas: Innovation, Profitability/Shareholder Value, Projects, Mergers & Acquisitions/Portfolio Management, Advocacy and ESG (environmental, social, governance).
The CEOs in the ICIS Top 40 Power Players then select the ICIS CEO of the Year in a vote later in the year. The 2024 ICIS CEO of the Year was Arkema CEO Thierry Le Henaff.
About ICIS
ICIS - Independent Commodity Intelligence Services - helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more. Over 150 years of shaping the world by connecting markets to optimize the world's valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE10 company with a market cap of £69bn and an employee base of over 35,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalization is approximately £69bn, €82bn, $83bn.
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