gpca annual report 2007

G P C A A n n u a l R e p o r t 2 0 0 7

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Nature has a way of teaching us

the journey.

together we can go farther to achieve

Cover Theme

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Contents

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GPCA Vision & Mission

Our Vision

To be the regional voice of the Gulf’s Petrochemical and

Chemical Industry in non-commercial activities and to serve as

the regional platform for information exchange.


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Our Mission

To identify and build on the common interests of members.

To ensure a harmonious and sustainable growth of the

Petrochemical and Chemical Industry in the Gulf.

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GPCA set out with a dream, a dream of getting the Gulf’s own voice of the petrochemcals industry heard around the world.

For an organisation less than two years old, GPCA has done well in furthering the cause of the petrochemical and chemical industry in the Gulf Region, demonstrating the ability to perform the multi-faceted role:

Represent the common interests of the Gulf Region’s petrochemical and chemical Industry

The GPCA takes a proactive role in the debate on a wide range of industry issues. With the backing of all leading petrochemical manufacturers and allied companies in the Gulf and Middle East, GPCA’s vision is aimed at promoting co-operation and information-sharing among its stakeholders and the community.

Compile, share and exchange resources, knowledge, opinions and experience

An association of petrochemical and chemical manufacturers, allied industries and service providers, the GPCA members exchange ideas, knowledge, experience

industry’s future and direction. The GPCA offers its members access to a network of tools, resources, industry contacts and an accumulated databank of relevant industry case studies and best practice.

The networking opportunities help the members in sharing knowledge, exchanging opinions and experiences.

research and studies

The GPCA assists and encourages focused research and development programmes to advance ideas or products

business environment is conducive to industry growth. Through networking events, topical industry relevant conferences and access to the membership database for specialist advice and research, the GPCA aims to encourage research related to the industry

technical issues. A specially equipped ‘members only’ area in the GPCA website will allow its members exclusive access to a vast array of information on the industry.

Promote human resource development

GPCA plays a major role in promoting human resource development within the industry and organises industrial conferences and seminars. Through all these endeavours, it promotes relationships and co-operation among companies and institutions related to the industry. This helps in improving the overall

functions across all member companies through awareness, accountability and improved systems implementation.

The key objectives are

social progress which

recognises the needs of all

stakeholders, effective

protection of the

environment, prudent use

of natural resources and

maintenance of high and

sustainable levels of

economic growth.

GPCA : A MULTI-FACETED ROLE


Organise industrial conferences, seminars and exhibitions

GPCA organises various conferences like the GPCA Annual Forum, and other seminars and networking events which are designed to address key issues facing the industry. At the same time, these seminars, exhibitions and conferences provide the GPCA members access to information, knowledge and experience not generally available to the industry at large. The GPCA forums and conferences facilitate networking and provide unique platforms for idea exchange to chalk out the future course of the industry.

Act as an industry spokesperson

The GPCA membership is composed of

the development of the petrochemical, chemical and allied industries. The GPCA has become the regional voice in all matters of public interest and general concern to enhance understanding of the petrochemical industry among the media, stakeholders and the community.

Issue reports and analytical market studies

The GPCA is constantly working to expand and deepen the level of knowledge available to its members. It analyses the global and regional markets for key petrochemical and chemical data on a continual basis, providing a comprehensive study of long-term industry, analytical reports and historical market reviews.

Promote understanding of the industry’s contribution to economic, environmental and social progress

GPCA aims to promote a deep understanding of the role and contribution of the petrochemical industry to the economic & social development of the region while safeguarding the environment. The association is already active in ensuring that its members meet the needs of the present without compromising the interests of the future generations. The key objectives are social progress which recognises the needs of all stakeholders, effective protection of the environment, prudent use of natural resources and maintenance of high and sustainable levels of economic growth.

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Dear Members,

A FOREWORD FROM THE CHAIRMAN

Mohamed H. Al-MadyChairman, GPCA

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It gives me great pleasure to present the 2nd Annual Report of theGulf Petrochemicals and Chemicals Association (GPCA) – a remarkable account of progress of the organisation which has gone about realising its goals slowly and steadily.

When we launched GPCA in March 2006, we had set modest targets.

operations, I feel proud to tell you that we have achieved much more than what the numbers would suggest. As a matter of fact, the numbers in this report are quite impressive too. Whether it’s the rise in membership, the steps taken to address issues of common interest, the support services developed to make GPCA a platform for information and ideas

response to the 2nd Annual Forum. The year gone by has been exciting,

Just in its second year, the Annual GPCA Forum was able to earn its place as one of the pivotal events in the global petrochemicals calendar.

I reckon the Annual Forum is the single most important activity for GPCA. The event strategically scheduled as a year-end

The 2nd Annual Forum turned out to be an unprecedented success offering a whole new global platform for networking. For us, the overwhelming response to the show was a crescendo of our coordinated efforts throughout last year to position GPCA as the voice of the industry in the region. We can now build on the momentum generated in 2007 and make it an even bigger success in the coming years.

During the year, we initiated a comprehensive study of the petrochemical industry in the Gulf which we did along with

the Gulf Petrochemicals and Chemicals Directory and started publishing the "GPCA Insight" - the quarterly newsletter of the association.

As a young regional association, GPCA has made conscious efforts not to try re-inventing the wheel. We have establishedcontacts with major chemical associations in Asia, Europe and North America.


Looking back at 2007, our

I feel proud to tell you that

we have achieved much

more than what the

numbers would suggest

We would like to strengthen these relationships both to be able to absorb their best practices as well as to benchmark our performance. We also believe it is useful for our members and our industry to have all regional trade associations sharing information to be able to better address issues of common interest and concerns.

In the course of the year, we explored the possibility of adopting “Responsible Care,” a Safety, Health and Environment initiative that is gaining global endorsement. We have plans to move forward on this important issue.

In 2007, GPCA conducted various committee initiatives and workshops for the

have set up an evaluation process to identify relevant issues pertaining to the region to be addressed through similar activities. Issues like REACH and Corporate Social Responsibility have already been taken up for immediate engagement.

I would like to congratulate you for all your contributions in the evolution and rapid progress of GPCA. You have proved that working together really works. I would like to say that our coming together was a great beginning; we have made tremendous progress by steadfastly staying together and now we can ensure continued success by working together towards our individual and collective goals.

I would like to thank you for your continued support and co-operation in making GPCA what it is today and I sincerely hope we can maintain the pace of progress in the coming years.

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Mohamed H. Al-MadyChairman, GPCA

Dear GPCA Members,

REPORT OF THE BOARD OF DIRECTORS

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The year 2007 has been a landmark for us at GPCA with the attention we could direct at our region and ourselves with the emergence of our Annual Forum as one of the most sought after events of the petrochemical industry.

GPCA has already organised two successful international conferences in Dubai in 2006 and 2007. The 2nd Annual GPCA Forum in December 2007 was attended by over 800 delegates. The panel of speakers resembled a Who’s Who of the global petrochemical industry, and included presidents and CEOs of leading petrochemical and specialty chemical companies. The 2nd Annual GPCA Forum came to be recognised as the networking opportunity of the year for executives from chemical and related industries, with a level of participation not seen before in the region.

Gulf Petrochemicals and Chemicals

association in the Middle East, has grown from strength to strength since its formation on March 1, 2006. GPCA’s founding membership of eight companies with manufacturing assets in the region - Borouge (Abu Dhabi, UAE) , EQUATE Petrochemical Company (Kuwait), Gulf Petrochemicals Industries Co. (GPIC, Manama, Bahrain), National Industrialization Company (TASNEE), Riyadh, Saudi Arabia , Petrochemical Industries Co. ( PIC, Safat, Kuwait), Qatar Petrochemical Co. (QAPCO, Doha, Qatar), Qatar Vinyl Co. (QVC, Doha, Qatar) and SABIC (Riyadh, Saudi Arabia) – has

risen from 59 in the 10-month operations of 2006 to 110 by the end of 2007. GPCA has done well in achieving its main objective i.e. to identify, manage and promote the interests of the Gulf petrochemical and chemical industries and related businesses worldwide.

As very rightly observed by the Association’s Chairman Mohamed H. Al-Mady, the CEO of SABIC, GPCA has already become the regional voice in matters that concern the chemical industry. The association is playing a crucial role in promoting co-operation and understanding among our various stakeholders.

The formation of GPCA saw the dawn of a new era of co-operation among our members, associated businesses and our stakeholders. Today, GPCA has grown in stature to be able to co-ordinate the efforts of the regional players to foster competent human resources, promote creative organisation culture to ensure a brighter and more prosperous future for all.

The rise of the Middle East as the world’s export hub for petrochemicals is transforming the industry landscape. Regional producers are capitalising on low-cost feedstock positions to establish the dominant global export position in petrochemicals.

The scale of the build up is presenting challenges for producers in the region, most notably soaring engineering, construction, and labour cost, as well as project delays. Major ethylene projects in Iran, Kuwait, Qatar, UAE and Saudi Arabia

It is to the credit of our

founding members, that

we started gearing up for

our crucial role right from

the word go. GPCA’s

performance record on

various fronts speaks for

itself.


are due onstream in the near future. The impact of rising engineering and construction (E&C) and material costs is evident in project price tags. However, despite the challenges, the wave of capacity build up in the Middle East will transform global trade of ethylene derivatives. North America was the primary global exporter ten years ago, but has now been overtaken by the Middle East. By 2010, the Middle East will become the only net global exporter of ethylene derivatives.

Over the past three decades, there has

geographical balance of global petrochemicals production and investments towards the Middle East. Petrochemicals exports from the Middle East continue to play a key role in the

particularly China and India and form key

around the world.

The phenomenal success of GPCA is a lot about being at the right place at the

right time. But it is to the credit of our founding members, that we started gearing up for our crucial role right from the word go. GPCA’s performance record on various fronts speaks for itself.

formed and made fully functional within eight months of inception. Two more committees were set up in 2007. Active steps have been taken in 2007 to add more committees in 2008 - the Plastics Committee and the Logistics Committee.

GPCA has been on look-out for strategic partners to organise workshops to acquaint our member company personnel with the latest techniques, trends and developments pertaining to our industry.

workshop on Performance Management in June 2007, we organised two more workshops on REACH & Antitrust in October and on Contractor Safety - Building Openness in November before focusing full-time on the new year-end mega meeting of our industry - the 2nd Annual GPCA Forum held in December 2007.

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In 2007, we explored the possibility of introducing “Responsible Care”, a Safety, Health & Environment initiative and announced our plans to adopt the programme at the RCLG (Responsible Care Leadership Group) meeting held in Paris in October 2007. RCLG was set up by ICCA as a focal point for promotion as well as new member endorsement and approval. The presentation made by GPCA was well received and supported by all members of ICCA (International Council of Chemical Association). Issues like REACH and Corporate Social Responsibility are also part of our planned activities next year.

Broad objectives of GPCA achieved in 2007 were:

* Addressing the region’s common interest

* Promoting understanding and cooperation amongst the members

* Raising & addressing industry issues

* Providing a platform for networking

* Creating new revenue streams reducing dependency on membership subscription

All the planned activities for 2007 were brought forth:

* The 2006 Annual Report facilitating a proper scrutiny of

* Revamped website with a password protected “members only” databank section

* GPCA Insight – the quarterly newsletter of the association for regular news and member activity updates

* Gulf Petrochemicals and Chemicals Directory – a Directory for the region’s industry

* Commissioning and completing a research project to produce an analytical report about the regional industry

* The strategic tie-up with Chemical Week to establish the Annual Forum as a prime industry event

2007 marked a year of

consolidation for GPCA

having realised all of our

planned activities.


2007 marked a year of consolidation for GPCA having realised all of our planned activities. As on 31st December 2007, the surplus income was AED 2.297 million and GPCA’s employed asset totalled AED 7.302 million. Inclusive of AED 4.350 million Term Deposits.

For the year 2007, GPCA’s gross income was AED 5.961 million, 5% more than the planned AED 5.670 million. The association took action to control budgeted cost which was AED 3.800 million and actual operating expenses totalled to AED 3.664 million, which was 3.5 % less than the budget.

The revenue streams were optimised to reduce the dependency on membership subscription. Income from the 2nd Annual GPCA Forum was top grosser at AED 1.493 million, followed by Publication income at AED 0.199 million and Workshop income at 0.163 million.

If the response to our membership drive is an indication of the GPCA growth potential, we can safely project an all-round rise in revenue – from membership fee, conferences, seminars and publications during our 3rd year of operation.

ACCOUNTS

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The progress made by

GPCA, encourages to

explore and implement

several long-term strategic

initiatives to sustain the

pace of growth and

maintain our relevance as

a place of opportunity and

excellence


The 2nd Annual GPCA Forum was organised in Dubai on the 11th, 12th and 13th of December 2007. The theme for the forum was

.

The Forum got the desired publicity in various media including television. Leading trade publications like Chemical Week, MEED, PCN and ICIS carried special reports on the event The event was attended by over 800 delegates and addressed by some very prominent leaders of the industry like:

Mukesh D. Ambani - Chairman & Managing Director, Reliance Industries who spoke on

Raymond I. Wilcox - President & CEO, Chevron Phillips Chemical Company who spoke on

Peter Huntsman - President and Chief

who spoke on

Stephanie A. Burns - Chairman, President

who spoke on

Hamad Al -Terkait - GPCA Vice Chairman and President & CEO, EQUATE Petrochemical Company who spoke on

Andrew N. Liveris - President , CEO & Chairman,The Dow Chemical Company who spoke on

Dr. Abdul Rahman A. Al-Zamil - Chairman of the Board, Zamil Group who spoke on

Stephen R. Cornell - Senior Vice President, Middle East & Asia, Total Petrochemnicals who spoke on

Volker Trautz - President & CEO, Basell

Mohamed H. Al-Mady - GPCA Chairman and Vice Chairman & CEO of SABIC, in his opening address, expressed concern about rising project construction costs in the Middle East and also about the overbuilding accompanied by weaker markets. However, he was positive about the industry’s inherent strengths to be able to work through similar periods of overcapacity and slow growth in the past and emerge stronger.


The progress made by GPCA, encourages to explore and implement several long-term strategic initiatives to sustain the pace of growth and maintain our relevance as a place of opportunity and excellence:

* GPCA has set the foundation in 2007 for initiating ‘Responsible Care’, the next step is to introduce & educate member companies about the programme in a phased manner.

* The focus in 2008 will be to address common issues like ‘REACH’ and Corporate Social Responsibility (CSR). Also to tie-in and support the regulatory environment of the chemical industry.

* Form new committees for Plastics and Logistics.

* Continue to identify and raise common issues and address member concerns through projects initiated by the Working Committees.

* Institute an award for recognition of Petrochemical leaders both regional and global.

* Develop and strengthen relationship with other similar associations.

* Organise conferences related to issues handled by the Working Committees.

The 3rd Annual GPCA Forum will be held at the Atlantis, The Palm , Dubai on 2nd, 3rd and 4th December 2008. We expect about 1,000 delegates at this event which like the 2nd Forum will be co-organised by Chemical Week.

We thank all our members for their participation in our activities and we are sure that their continued support will help GPCA scale greater heights in 2008 and beyond.

The Board of Directors

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To the members of the Gulf Petrochemicals & Chemicals Association

Independent Auditor’s Report to the Membersof GPCA

Income and Expense Statement

Balance Sheet

Cash Flow Statement

Notes to the Financial Statements

1. Activities

3. Conference Income

4. General and Administrative Expenses

5. Property, Plant and Equipment

6. Accounts receivable and Prepayments

7. Cash and Cash Equivalents

9. Accounts Payable and Accruals

10. Related Party Transactions

11. Risk Management

12. Fair Value of Financial Instruments

13. Key Sources of Estimation Uncertainty

Dear Member Representatives,

I have the pleasure in enclosing, on behalf of the Board of Directors, the Financial Report for the year ending 31st December 2007 showing a surplus of AED 2.297 Million.

The accounts have been audited by Ernst & Young, Dubai.

To the members of the Gulf Petrochemicals &Chemicals Association

Yours faithfully,

Abdul Aziz Al HajriCEO, BorougeGPCA Treasurer

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REPORT ON THE FINANCIAL STATEMENTS

Report on the Financial Statements

We have audited the accompanying

Management’s Responsibility for the Financial Statements

Auditors’ Responsibility

m material misstatement.

Opinion

INDEPENDENTAUDITORS’ REPORT TO THE MEMBERS

OF GULF PETROCHEMICALS AND CHEMICALS

ASSOCIATION


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Income and expense statementYear ended 31st December 2007

1 January to 1 March to 31 December 31 December

2007 2006

Notes AED AED

Membership fees 3,930,166 4,515,903

Conference and other income 3 1,855,237 1,223,659

Interest income 175,746 3,068

GROSS INCOME 5,961,149 5,742,630

General and administrative expenses 4 (3,641,599) (1,542,881)

Loss on exchange (22,155) (13,638)

SURPLUS FOR THE YEAR/PERIOD 2,297,395 4,186,111

STATEMENT OF ACCUMULATED SURPLUS

Accumulated surplus at beginning of the year/period 4,186,111 -

Surplus for the year/period 2,297,395 4,186,111

BALANCE AT 31 DECEMBER 6,483,506 4,186,111

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Balance sheetAt 31st December 2007

2007 2006Notes AED AED

ASSETS EMPLOYEDNon-current assetsProperty and equipment 5 126,617 187,830

126,617 187,830

Current assetsAccounts receivable and prepayments 6 2,059,950 1,669,133Bank balances and cash 7 5,115,099 3,110,129

7,175,049 4,779,262

TOTAL ASSETS EMPLOYED 7,301,666 4,967,092

ASSOCIATION RESERVE AND LIABILITIESAssociation reserveAccumulated surplus 6,483,506 4,186,111

6,483,506 4,186,111

Non-current liabilities8 18,431 4,169

18,431 4,169

Current liabilitiesAccounts payable and accruals 9 799,729 776,812

799,729 776,812

Total liabilities 818,160 780,981

TOTAL ASSOCIATION RESERVE AND LIABILITIES 7,301,666 4,967,092


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Cash Flow StatementYear ended 31 December 2007

1 January to 1 March to 31 December 31 December

2007 2006Notes AED AED

OPERATING ACTIVITIESSurplus for the year/period 2,297,395 4,186,111Adjustments for: Depreciation 5 80,355 40,814

8 14,262 4,169

2,392,012 4,231,094Working capital changes:Accounts receivable and prepayments (390,817) (1,669,133)Accounts payable and accruals 22,917 776,812

Net cash from operating activities 2,024,112 3,338,773

INVESTING ACTIVITIESPurchase of property and equipment 5 (19,142) (228,644)

Net cash used in investing activities (19,142) (228,644)

INCREASE IN CASH AND CASH EQUIVALENTS 2,004,970 3,110,129

Cash and cash equivalents at 1 January 3,110,129 -

CASH AND CASH EQUIVALENTS AT 31 DECEMBER 7 5,115,099 3,110,129

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1. ACTIVITIES

Gulf and Petrochemicals and Chemicals Association (the “Association”) is registered and incorporated in Dubai. The mission of the Association is to identify, promote and manage the role of gulf petrochemicals and chemicals industry and related businesses

at PO box 123055, Dubai, United Arab Emirates.

2. SIGNIFICANT ACCOUNTING POLICIES

Basis of preparation

accordance with International Financial Reporting Standards and applicable requirements of UAE law.

United Arab Emirates Dirhams.

Changes in accounting policiesThe accounting policies are consistent with those used

The Association has adopted the following new and amended IFRS and IFRIC interpretations during the

performance or position of the Association. They did

statements

IFRS 7 Financial Instruments Disclosures This standard requires disclosures that enable users of

and the nature and extent of risks arising out of those

where needed.

This amendment requires the Association to make new

processes for managing capital.

Membership fee and subscriptions are taken to

Property and equipmentProperty and equipment is stated at cost less accumulated depreciation and any impairment in

amount, the assets are written down to their

Notes to the Financial StatementsAt 31 December 2007

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Property and equipment (continued)Expenditure incurred to replace a component of an item of property and equipment that is accounted for separately is capitalised and the carrying amount of the component that is replaced is written off. Other subsequent expenditure is capitalised only when it

of property and equipment. All other expenditure is recognised in the income and expense statement as the expense is incurred.

An assessment is made at each balance sheet date to

the income and expense statement. Impairment is

income and expense statement;

(b) For assets carried at cost, impairment is the

the current market rate of return for a similar

(c) For assets carried at amortised cost, impairment is the difference between carrying amount and

An estimate for doubtful debts is made when collection of the full amount is no longer probable. Bad debts are

For the purpose of the Cash Flow Statement, cash and

balances, and short-term deposits with an original maturity of three months or less.

Liabilities are recognised for amounts to be paid in the

the supplier or not.

probable and able to be reliably measured.

Leases where the lessor retains substantially all the

payments are recognised as an expense in the income

the lease term.

the period of employment.

Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sheet date. All differences are taken to the income and expense statement.

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3. CONFERENCE AND OTHER INCOME

AED

---

1,855,237

4. GENERAL AND ADMINISTRATIVE EXPENSES

AED

3,641,599

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5. PROPERTY AND EQUIPMENT

Leasehold

AED AED AED AED

78,085 114,967 54,734 247,786

39,042 54,334 27,793 121,169

39,043 60,633 26,941 126,617

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6. ACCOUNTS RECEIVABLE AND PREPAYMENTS

2007 2006AED AED

Conference and other fees receivable 1,619,801 1,227,483Receivables from members 168,028 297,980Prepaid rents 90,090 115,602Other receivables 182,031 28,068

2,059,950 1,669,133

7. CASH AND CASH EQUIVALENTS

2007 2006AED AED

Bank balance and cash 765,099 310,129Term deposits 4,350,000 2,800,000

5,115,099 3,110,129

Included in bank balances and cash equivalents are term deposits which are short term in nature, with an effective

8. END OF SERVICE BENEFITS

2007 2006AED AED

Movements in the provision recognised in the balance sheet are as follows:

Provision at beginning of the year/ period 4,169 - Provided during the year/period 14,262 4,169

Provision as at 31 December 18,431 4,169

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9. ACCOUNTS PAYABLE AND ACCRUALS

2007 2006AED AED

Payable to Saudi Basic Industries Corporation (SABIC) - 689,965Advances from non-members 42,694 15,802Accrued expenses and other payables 757,035 71,045

799,729 776,812

10. RELATED PARTY TRANSACTIONS

Compensation of key management personnelThe remuneration of directors and other members of key management during the year/period was as follows:

1 January to 1 March to31 December 31 December

2007 2006AED AED

1,275,020 745,830

1,275,020 745,830

11. RISK MANAGEMENT

Interest rate risk

Credit riskThe Association seeks to limit its credit risk with respect to debtors by monitoring outstanding fees receivables as

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Liquidity riskThe Association limits its liquidity risk by ensuring bank facilities or funds are available. The Association’s terms for

terms agreed with the respective supplier.

Currency risk

Capital managementThe primary objective of the Association’s fund management is to ensure that it maintains a healthy ratio in order to support its activities.

12. FAIR VALUES OF FINANCIAL INSTRUMENTS

Financial assets consist of cash and bank balances and receivables. Financial liabilities consist of payables and accruals.

13. KEY SOURCES OF ESTIMATION UNCERTAINTY

Impairment of accounts receivableAn estimate of the collectible amount of accounts receivable is made when collection of the full amount is no longer

periods and the amounts expected will be recognised in the income and expense statement.

MEMBERSHIP STATISTICS

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Global Membership

Regional Membership

Gulf Region

Asia

Africa

Europe

Bahrain

Qatar

Kuwait

United Arab Emirates

Sultanate of Oman

Kingdom of Saudi Arabia

Americas

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GPCA ORGANISATION

GPCA organisation is made up of the following principal structures:

The Annual General AssemblyThe Board of Directors

The Annual General AssemblyThe GPCA shall have a General Assembly consisting of all

at least once a year during the four months following the end

be given by the Board of Directors (the “Annual General Assembly”).The agenda of the Annual General Assembly shall include the following matters:

a) Elect and appoint the Board of Directors (when appropriate)

b) Determine the admission fees and annual membership fees for Full Members and Associate Members

c) Approve and examine previous years accounts and GPCA’s Annual Report

d) Any other matters the Board of Directors deems necessary.

The Board of Directors The GPCA shall be managed by a Board of Directors

persons to be elected by the General Assembly from amongst persons nominated by the Full Members. The Board of Directors shall comprise of at least one Full Member from each country in the Gulf Region. The members of the Board of Directors shall be elected for a period of three (3) years and may stand for re-election at the

The Board of Directors shall comprise amongst its members the Chairman and Vice Chairman of the Board of Directors, who shall be elected by the majority of the Board of Directors.

The chairmanship of the Board of Directors shall be for a minimum period of two years and a maximum of three years.The Board of Directors shall, at least four times a year,

places as decided by the Board of Directors.

The Board of Directors may establish such procedures as it

and may, in the absence of the Chairman of the Board of Directors appoint one of its members as Chairman for the time being of the Board and may revoke that appointment.

membership base. In each of these categories industry leaders are selected to be a part of the Board, both for the importance of the relevant member company and the seniority of the individual Board member.

The Board also establishes the yearly accounts, budget and GPCA membership fees and proposes the same for the approval to the Ordinary General Meeting of the Full Members.

The Board decides in which projects of interest GPCA should participate, establishes the GPCA meeting fees and assists the Secretary General in the organisation of the business sessions of the Annual Meetings.

The Secretary GeneralThe Board of Directors shall have the right to appoint a Secretary General to the GPCA who shall be responsible for the daily management of GPCA and the implementation of the resolutions of the Board of Directors. The Secretary General may be appointed from amongst the members of the Board of Directors or outside. The Board of Directors may also appoint other committees and working groups drawn from the staff of the Members of GPCA which are tasked to look after a particular area of common interest to the Members of GPCA.

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STEERING COMMITTEE

Steering committee members will comprise of maximum eight members which will include the Secretary General.

The purpose of the committee is to reveiw, plan and support all the activities of the association, liaise with the Board Members and the Secretary General of the Association, lead the working committee, develop strategies for the Association and offer recommendations regarding the issues and agenda items to the Board.

SUB COMMITTEES

GPCA has constituted various sub committees which are chaired by members of the steering committee.

The sub committees are as follows:

1) Human Resource Development Committee chaired by a representative of Gulf Petrochemical Industries Company (GPIC)

2) Safety, Health & Environment Committee chaired by a representative of Borouge

3) Plastics Committee chaired by a representative of EQUATE Petrochemical Company

4) Logistics Committee chaired by a representative of National Industrialization Company (TASNEE)

Each of the above committees are run as per a charter.

General Assembly

Board of Directors

Steering Committee

Executive Committee

Secretary General

Legal Advisor &IT Services Outsourced

Admin. & FinanceCommunicationManager

Committees & GlobalAffairs Manager

Human ResourcesCommittee

Responsible CareTaskforce

Executive Secretary

IT & Information

Responsible Care

Logistics Committee

Plastic Committee

SH & E Committee

ORGANISATION STRUCTURE

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TEAM GPCA

Chairman

Members of the Board

Vice Chairman

MOHAMED H. AL-MADYVice Chairman & CEO

SABIC

HAMAD AL-TERKAITPresident & CEO

EQUATE Petrochemical Co.

Maha Mulla HussainChairman &

Managing Director Petrochemical Industries Co.

(PIC)

Moayyed l. Al-QurtasVice Chairman &

Deputy CEO National Industrialization Company

(TASNEE)

Mohamed Al-MullaGeneral Manager

Qatar Petrochemicals Co. Ltd.(QAPCO)

Abdul Rahman JawaheryGeneral Manager

Gulf Petrochemicals Industries Co.(GPIC)

Abdul Aziz Al HajriCEO

Borouge

Hamad Rashed Al-NuaimiGeneral Manager

Qatar Vinyl Company Ltd.(QVC)

GPCA BOARD OF DIRECTORS

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GPCA STEERING COMMITTEE

Chairman2006 - Till present Mohamed H. Al Mady SABIC Kingdom of Saudi Arabia

Vice Chairman

2006 - Till present Hamad Al Terkait EQUATE Kuwait

Treasurer

March 2006 - February 2007 Hubert Puchner BOROUGE UAE

March 2007 - September 2007 Harri Bucht BOROUGE UAE

October 2007 - Till present Abdul Aziz Al Hajri BOROUGE UAE

Secretary General

2006 - Till present Abdullah S. Bin Zaid Al Hagbani

GPCA HONORARY LIST

ChairmanAbdul Rahman Ali Al-Abdullah

Marketing ManagerQatar Petrochemicals Co. Ltd. (QAPCO)

Qatar

MemberWalid Al-Hammad

General ManagerNational Industrialization Company (TASNEE)


MemeberHomood A. Al-TuwaijiriVice President for Corporate Control

Saudi Basic Industries Corporation (SABIC)Kingdom of Saudi Arabia

MemberYusuf Ebrahim Fakhroo

Administration ManagerGulf Petrochemicals Industries Co. (GPIC)

Kingdom of Bahrain

Member

Business DirectorEQUATE Petrochemical Co.

Kuwait

MemberAli Al-Murar

BorougeUnited Arab Emirates

Note: The GPCA Secretary General is a member of the Steering Committee

GPCA STAFF

AbdullahS.Bin Zaid Al Hagbani

Secretary General

Sudhir Thomas PanickerCommittees & Global Affairs Manager

Ashraf NaduparambathGaurav PaulCommunication Manager

Nazia

33 34

OUR MEMBERS

GPCA membership includes:

Full MembersLarge scale petrochemicals and chemicals related producers in the Gulf region with more than 100 KTA production capacity

Admission Fee USD 25,000Annual Fee USD 15,000

Associate MembersSmall scale petrochemicals and chemicals related producers in the Gulf region with less than 100 KTA production capacity


International Petrochemical Producers (Non-Gulf)


Service companies for petrochemical producersDownstream companies/organisations which do not produce petrochemicals or chemicals but which are involved in associated activit ies l ike Shipping, Marketing, Engineering, Construction, Financing of petrochemicals/ chemicals


Business PartnersCompanies/organisations directly involved in petrochemical and chemical trade/industry


Others/ProfessionalsAny other company/entity/person not coming under the above categories

Admission Fee USD 100Annual Fee USD 50

An updated list of members can be found on the website www.gpca.org.ae

transmission of GPCA information to all relevant company units and persons involved in GPCA activities.

A printed copy of the GPCA Articles of Association is available upon request. It can also be downloaded from our website www.gpca.org.ae

Full Members

Associate Members


35


Arabian Petrochemical Co. (PETROKEMYA) P.O. Box 10002 Al Jubail Industrial City 31961Kingdom of Saudi Arabia T: + 966 3 3587000 F: + 966 3 3584480www.sabic.com Mr. Sami Bin Abdulaziz Alsuwaigh

Eastern Petrochemical Company (SHARQ) P. O. Box 10035Al Jubail Industrial City 31961Kingdom of Saudi Arabia T: + 966 3 3575000 F: + 966 3 3580383www.sabic.com Mr. Mussaed S. Al Ghamdi

Gulf Farabi Petrochemical Co. Ltd.P.O. Box 11763Al Jubail Industrial City 31961Kingdom of Saudi ArabiaT: + 966 3 3580801F: + 966 3 3580819www.gulffarabi.comEng. Mohammed Ibrahim Al-Bibi

Methanol Chemical Company (CHEMANOL)P.O. Box 3139Dammam 31471Kingdom of Saudi ArabiaT/F: + 966 3 8344259www.chemanol.comEng.Mazen K.Allahiq Al-Nuaimi

NAMA Chemicals P. O. Box 11919 Al Jubail Industrial City 31961Kingdom of Saudi Arabia T: + 966 3 3478888 F: + 966 3 3478666www.nama.com.sa Mr. Abdulmohsen Al Ogaili

National IndustrializationCompany (TASNEE) P.O. Box. 26707Riyadh 11496Kingdom of Saudi Arabia T: + 966 1 4734559-302 F: + 966 1 4734580www.tasnee.com Mr. Walid Al Hammad

National Petrochemical Industrial Co. (NATPET) P. O. Box 2824Jeddah 21461Kingdom of Saudi Arabia T: + 966 2 6442668 F: + 966 2 6442475www.netpet-pp.comDr. Ahmed Bukhari

Rabigh Refining & Petrochemical (PETRORABIGH) East Park 1 R-235, Building 7002 Dhahran 31311Kingdom of Saudi Arabia T: + 966 3 8625667 F: + 966 3 8625600www.aramco.com Mr. Saad F. Al Dosari

S-ChemP.O. Box 11221Al Jubail Industrial City 31961Kingdom of Saudi ArabiaT: + 966 3 3581760F: + 966 3 3583176Mr. Elijah Andjelich

Safra Co. Ltd. P. O. Box 2824Jeddah 21461Kingdom of Saudi Arabia T: + 966 2 6444090 F: + 966 2 6431214www.safraco.com Mr. Khalid Zagzoog

SABIC P.O. Box. 5101 Riyadh 11422Kingdom of Saudi Arabia T: + 966 1 2258000 F: + 966 1 2259000www.sabic.com Mr. Hamood A. Al Tuwaijiri

Bahrain

Gulf Petrochemical Industries Company (GPIC)P.O. Box 26730ManamaKingdom of Bahrain T: + 973 17731777 F: + 973 17731047www.gpic.comMr. Yusef E. Fakhroo


Advanced Polypropylene Company (APCC)P.O. Box 11022Al Jubail Industrial City 31961Kingdom of Saudi ArabiaT: + 966 3 3585071F: + 966 3 3585076www.appc.com.saMr. Ali A. Al-Shaier

Al Jubail Fertilizer Company (ALBAYRONI)P.O. Box 10046Al Jubail Industrial City 31961Kingdom of Saudi ArabiaT: + 966 3 3406342F: + 966 3 3416100www.sabic.comMr. Abdullah A. Al-Bakr

Al Jubail Petrochemical Co. (KEMYA)P.O. Box 10084Al Jubail Industrial City 31961Kingdom of Saudi ArabiaT: + 966 3 3576363F: + 966 3 3576353www.sabic.comMr. Abdulaziz Bin Abdullah Alhabardi

Alujain CorporationP.O. Box 50575Ibn Abi Hafsa StreetAr-Rawadah Dist.JeddahKingdom of Saudi Arabia T: + 966 2 6695140F: + 966 2 6693986www.alujaincorporation.comMr. Eduardo G. Wagan

FULL MEMBERS

As of April 2008

36

Oman Polyproylene LLCP.O. Box 277, Post Code 322Falaj Al-QabailSoharSultanate of OmanT: + 968 26865003F: + 968 26865005www.oman-pp.comDr. Hamad Al Dhahab


Borouge P.O. Box 6951 Sh. Khalifa Energy ComplexCorniche Road, Abu DhabiUnited Arab Emirates T: + 971 2 6070888 F: + 971 2 6070889www.borouge.comMr. Ali Al-Murar

Saudi International Petrochemical Co. (SIPCHEM)P.O. Box 12021Al Jubail Industrial City 31961Kingdom of Saudi ArabiaT: + 966 3 3599999F: + 966 3 3588182www.sipchem.comMr. Rashid M. Al -Dossari

Saudi Yanbu Petrochemical Company (YANPET)P.O. Box 30333Yanbu Al-SinaiyahKingdom of Saudi ArabiaT: + 966 4 3965000F: + 966 4 3965001www.sabic.comMr. Soliman A. Alhosain

Zamil Group Holding Co. P.O. Box 251 Riyadh 11411 T: + 966 1 4725555 F: + 966 1 4766729www.zamil.com Eng. Osama Abdulaziz Al Zamil

Kuwait EQUATE Petrochemical Company P.O. Box 4733 Safat 13048 Kuwait T: + 965 4343666 F: + 965 4312559www.equate.comMr. Adel Y. S. Al Munifi

Petrochemical Industries Company (PIC)P.O. Box 1084 SafatKuwait T: + 965 3211000 F: + 965 3211522www.pic.com.kw Mr. Kamal Behbehani

Qatar

Qatar Chemical Company Ltd. (Q-Chem)Salam Tower ,1st Floor West Bay, Doha Qatar T: + 974 4847111F: + 974 4837379www.qchem.com.qaMr. Ahmed Ibrahim Al-Emadi

Qatar Fertilizer Co. (QAFCO) P. O. Box 50001 Mesaieed DohaQatar T: + 974 4779294 F: + 974 4770119www.qafco.com Mr. Khalifa Abdulla Al Sowaidi

Qatar Petrochemicals Company Ltd. (QAPCO) P. O. Box 756DohaQatar T: + 974 4242444 F: + 974 4242421www.qapco.comMr. Abdulrahman Ali Al Abdullah

Qatar Vinyl Company (QVC) P.O. Box 24440 DohaQatar T: + 974 4765888 F: + 974 4765704www.qvc.com.qa Mr. Hamad Rashed Al Nuaimi

Sultanate of Oman

Oman India Fertilizer Co. SAOC (OMIFCO)P. O. Box 67Sur 411Sultanate of OmanT: + 968 25532011 F: + 968 25562849www.omifco.comMr. Adil Sakhi Mahmood

37

As of April 2008

ASSOCIATE MEMBERS


Canada

Methanex Corporation 1800 Waterfront Centre 200 Burrard Street Vancouver, BCCanada T: + 1 60 46612607 F: + 1 60 48955353www.methanex.comMr. Bryan Saunders

China

China Petrochemical Tech. Co. Ltd. (SINOPEC) No. 58 Anwai Street Dengcheng Dist. Beijing 100011China T: + 86 10 84275259 F: + 86 10 84271847www.sinopec.com.cnMr. Lin Kezhi

Egypt

Oriental Petrochemicals Company P.O. Box 83 Suez, El SuezEgypt T: + 20 101682010 F: + 20 101660275www.opcegypt.com Mr. Hesham Raafat

Germany

BASF Aktiengesellschaft Carl - Bosch - Strasse 38 Ludwigshafen 67056Germany T: + 49 62160 0 F: + 49 62142525www.basf.com Mr. David Walker

Camelot IDGPro AGTheodor-Heuss-Anlage 1268165 MannheimGermanyT: + 49 621/862980F: + 49 621/86298-250www.camelot-idpro.comDr. Josef Packowski

HelmNordkanalstr 28Hamburg 20097GermanyT: + 49 4023750F: + 49 4023751845www.helmag.comMr. Michael Neuhoff

The Linde GroupLeopoldstrasse 252 MunichGermanyT: + 49 8935757-01F: + 49 89357571075www.linde.comMr. Uwe Rathmann

India

Daga Global Chemicals 112, Dattani Trade Centre Chandravarkar RoadBorivali (West) Mumbai 400092India T: + 91 22 28920909 F: + 91 22 28911013www.dagaglobal.com Mr. Satyen Daga

Finolex D-1/10, MIDC, ChinchwadPune 411019India T: + 91 20 27408201 F: + 91 20 27463567www.finolex.com Mr. Saurabh S. Dhanorkar

Noble Resources & Trading – India501, Jaising Business CentreSanar Road, Andheri EastMumbai 400099IndiaT: +91 22 6716 8888F: +91 22 6716 8889www.thisisnoble.comMr. Ashish Tawakley

Oil and Natural Gas Corporation Ltd (ONGC) 7th Floor, Bank of Baroda Bldg. 16 Parliament StreetConnaught Place New Delhi 110001India T: + 91 11 23715291 F: + 91 11 23737645www.ongcindia.comMr. B. Guha

Reliance Industries Limited Reliance Centre19, Walchand Hirachand Marg Ballard Estate Mumbai 400001India T: + 91 22 22847334 F: + 91 22 22847990www.ril.com Mr. Kamal P. Nanavaty

Supreme Petrochem Ltd. 5th Floor, Bldg. No. 11 Chakala, Andheri (East) Mumbai 400093India T: + 91 22 67710000 F: + 91 22 67091924www.supreme.co.in Mr. Mahaveerprasad S. Taparia

Japan

Japan Saudi ArabiaMethanol Co. Inc. Tokyo Sakurada Bldg, 1-3 Nishi-Shinbashi, 1-Chome Minato-KuTokyo 105-0003 Japan T: + 8133 5933541 F: + 8133 5933544Mr. Yutaka Ohashi

38


A K Bakri & Sons Al Maadi Street Al Ruwis District Post Code 3757Jeddah 21481Kingdom Of Saudi ArabiaT: + 966 2 6519995T: + 966 2 6512908www.albakri.comMr. Raad Al Bakri

Al Jabr - Talke Ltd.P.O. Box 10610Al Jubail Industrial City 31961Kingdom of Saudi ArabiaT: + 966 3 3473222F: + 966 3 3472555www.aljabr-talke.comMr. Christoh Grunert

Al Majdouie Derijke Logistics Co. Ltd.P.O. Box 336Ibn Khalddon StreetDammam 31411Kingdom of Saudi ArabiaT: + 966 3 8424814F: + 966 3 8427196www.almajdouie.comMr. Bernard van den Wouwer

Aldrees Petroleum & TransportServices CompanyP.O. Box 43011Al Nadeem AreaRiyadh 43011Kingdom of Saudi ArabiaT: + 966 1 4899999F: + 966 1 4898888www.aldrees.comMr. Tawfique Ahmed Al Muzain

Arabian Pipeline & Services Co.Ltd. (Anabeeb)P.O. Box 234Jubail 31951Kingdom of Saudi ArabiaT: + 966 3 3620556F: + 966 3 3614990www.anabeeb.netMr. Hashim G. Moraisel

Astra Polymer Compounding CompanyP.O. Box 30740Al-Khobar 31952Kingdom of Saudi ArabiaT: + 966 3 8121232F: + 966 3 8121342www.astra-polymers.comMr. Mohammad N. Al-Utaibi

Gulf Stabilizers Industries P.O. Box 35625 Al Jubail Industrial City 31961Kingdom of Saudi Arabia T: + 966 3 3417727 F: + 966 3 3416033www.gsi.com.sa Mr. Ahmed Mahmood Khan

Kazi F. HussainP.O. Box 122078JeddahKingdom of Saudi ArabiaT: + 966 2 4258719F: + 966 2 [email protected]. Kazi F. Hussain

Ma’adenP.O. Box 320019F, EPCTAl-Khobar 31952Kingdom of Saudi ArabiaT: + 966 3 8659377F: + 966 3 8659376www.maaden.com.saMr. Mohammad A. Alam

National Chemical Carriers Ltd. Co. P. O. Box 8931 301, Old Akariyah Bldg. Sitteen St Malaz Area RiyadhKingdom of Saudi Arabia T: + 966 1 4773934 F: + 966 1 4764328www.ncc-riyadh.com.sa Mr. Abdullah M. Mohanna

Royal Commission forJubail & YanbuP. O. Box 5964Riyadh 11432Kingdom of Saudi Arabia T: + 966 1 4746691 F: + 966 1 4793471www.rcjy.gov.saMr. Mubarak A. Al Mubarak

Sabic Terminal Services Co. (SABTANK) P. O. Box 10135 Al Jubail Industrial City 31961Kingdom of Saudi Arabia T: + 966 3 3579000 F: + 966 3 3575406www.sabic.com Mr. Yousef A. Al Mubarrazi

Saudi Aramco P. O. Box 5000 B - 3301, North Park 2 Dhahran 31311Kingdom of Saudi Arabia T: + 966 3 8741700 F: + 966 3 8741737www.saudiaramco.comMr. Abdullah O. Al Baiz

Saudi Industrial Export Company (SIEC)P. O. Box 21977 Riyadh 11485Kingdom of Saudi Arabia T: + 966 1 4058080 F: + 966 1 4022854www.siec.com.saMr. Abdullah M. Al Khenaifer

The National Environmental Preservation Co. (BeeA´h) P.O. Box. 10628 Al Jubail Industrial City 31961Kingdom of Saudi Arabia T: + 966 3 3588008 F: + 966 3 3588584www.beeah.comMr. Saad I. Al Inaizi

39

As of April 2008

ASSOCIATE MEMBERS

The National Shipping Company ofSaudi Arabia P.O. Box 8931 Bldg. No. 569, Sitteen St.Malaz Area Riyadh 11492Kingdom of Saudi Arabia T: + 966 1 4785454 F: + 966 1 4778036www.nscsa.com.sa Mr. Saleh A. Al Shamekh

Kuwait

Ikarus Petroleum IndustriesP.O. Box 551Yarmouk 72656KuwaitT: + 965 4965885F: + 965 [email protected]. Suhail Abograis

International Chemical Group P.O Box 14214 Kuwait 72853Kuwait T: + 965 2449696 F: + 965 2449494 Mr. Jamal Khalid Al Gharabally

Kuwait National Petroleum Co. P.O. Box 13001 Mina Abdulla Refinery, SafatKuwait T: + 965 3203200 F: + 965 3280282www.knpc.comMr. Abdul Mohsen Khajah

Pakistan

International Chemplast (Pvt) Ltd. Suite #509 Progressive PlazaBeaumont Road Karachi 75530Pakistan T: + 92 21 111325325 F: + 92 21 5656591 Mr. Arshad Riaz Fazail

Qatar

Air Products & Chemicals Inc.9th Floor, Al Wakrah TowerP.O. Box 55294DohaQatarT: + 974 4310786www.airproducts.comMs. Suzanne Lowe

Gulf Organization for IndustrialConsulting (GOIC)P.O. Box 5114DohaQatar T: + 974 4858888 F: + 974 4831465www.goic.org.qa Mr. Ahmed Khalil Al Mutawa

Jaafar ChehayberP.O. Box 12479DohaQatarT: + 974 5537425F: + 974 [email protected]. Jaafar Chehayber

Qatar Navigation P. O. Box 153 61 Althameen Road, West Bay DohaQatar T: + 974 4949890 F: + 974 4835224www.qatarnav.comMr. Najeeb Khalifa Al Sada

Total Petrochemicals P.O. Box 5177 DohaQatar T: + 974 4417373 F: + 974 4415151www.totalpetrochemicals.comMr. Philippe Van Doren

Singapore

Braemar Quincannon Pte Limited50 Raffles Place#21-04 Singapore Land TowerSingaporeT: + 65 65330069F: + 65 65363459www.braemarseascope.comMr. Mark Mirosevic-Sorgo

ENGC Pool 78 Shenton Way #17-03 Lippo CentreSingapore T: + 65 62266006 F: + 65 62339071www.engc.comMr. Jakob Bode

South Korea

Samsung Engineering Co. Ltd. Samsung SEI Tower 467-14 Dogok-Zdong, Gangnam - Gu Seoul 135-856South Korea T: + 822 34583323 F: + 822 34584051www.samsungengineering.co.krMr. Namyong Hur

The Netherlands

LyondellBasell IndustriesHoeksteen 66Hoofddorp 213ZMSThe NetherlandsT: + 31 20316579F: + 31 204468941www.basell.comMr. R.W.B. Blaisse

Turkey

Chemorbis Ataturk Cad 72/16 Seref Yazgon Is Merk Istanbul 34736 KozyatagiTurkey T: + 902 164681025 F: + 902 163605788www.chemorbis.com Mr. Mirza Kadic

Sultanate of Oman

Saeed Ali Al Barmani P.O. Box 143SoharSultanate of OmanT: + 968 95162826F: + 968 26750222 Mr. Saeed Al Barmani


40


Abu Dhabi Ports Company (ADPC)P.O. Box 54477Port Zayed, Mina RoadAbu Dhabi United Arab EmiratesT: + 971 2 6952060F: + 971 2 6952177www.adpc.aeMr. Antoine Tayyar

Abu Dhabi Oil Refining Co. (TAKREER)P.O. Box 3593 Abu DhabiUnited Arab EmiratesT: + 971 2 6027040F: + 971 2 6027050www.takreer.com/englishMr. Ismail Al Mulla

Alaa GaradP.O. Box 20183Dubai United Arab EmiratesT: + 971 4 3672400F: + 971 4 3672426Mr. Alaa Garad

Amana Contracting & Steel BuildingsP. O. Box 1151261803, Moosa Tower 2Sh. Zayed RoadDubaiUnited Arab EmiratesT: + 971 4 3327731F: + 971 4 3327721www.amanabuildings.comMr. Jad Aoun

BorealisP.O. Box 48313Abu Dhabi United Arab EmiratesT: + 971 2 6070180F: + 971 2 6070190www.borealisgroup.comMr. Espen Ostmoe

Chemical Market Associates Inc. (CMAI) P.O. Box 500395DubaiUnited Arab Emirates T: + 971 4 3912931 F: + 971 4 3916476www.cmaiglobal.com Mr. Patrick Rooney

Contax Fz LLC P. O. Box 500104 G11- G13, Bldg. 11, DIC DubaiUnited Arab EmiratesT: + 971 4 3910547 F: + 971 4 3910545www.contaxgroup.com Mr. Paul Eccleston

DMCC P.O. Box 48800 Level 19, Emirates TowersSh. Zayed Road DubaiUnited Arab Emirates T: + 971 4 3903899 F: + 971 4 3903897www.dmcc.ae Mr. James Bernard

ENOC International Sales LLC P.O. Box 6442 ENOC Complex, Sh. Rashid Rd. DubaiUnited Arab Emirates T: + 971 4 3374400 F: + 971 4 3134178www.enoc.com Mr. Kamal Said

Esnaad P.O. Box 46121 Mussafah Industrial Area Abu DhabiUnited Arab Emirates T: + 971 2 6029000 F: + 971 2 6029010www.esnaad.comMr. Darwish Al Qubaisi

Evonik Degusa Gulf FZEP. O. Box 293594DubaiUnited Arab EmiratesT: +97142045580F: +97142045578www.evonik.comMr. Lars Bechler

Gulf Navigation Holding P.O. Box 49651, #4C, City Centre Offices DubaiUnited Arab Emirates T: + 971 4 2958610 F: + 971 4 2943290www.gulfnav.com Mr. Ghazi Al Ibrahim

Honeywell Middle East P.O. Box 45595 Abu DhabiUnited Arab Emirates T: + 971 2 4041349 F: + 971 2 4432536www.honeywell.comMs. Zakia Demaghelatrous

International Expo-Consults L.L.C.P.O. Box 50006Sh. Zayed RoadDubaiUnited Arab EmiratesT: + 971 4 3435777F: + 971 4 3436115www.chemtexmiddleeast.comMs. Angie Mountford

InterSearch in the GulfP.O. Box 58026DubaiUnited Arab EmiratesT: + 971 4 3439960F: + 971 4 3439030www.intersearch.orgMr. John Robinson

Katayoun ZafariP.O. Box 41671SharjahUnited Arab EmiratesT: + 971 6 5263923M: + 971 50 4628238 [email protected]. Katayoun Zafari

Kemsol Ltd. P.O. Box 18295DubaiUnited Arab Emirates T: + 971 4 8839800 F: + 971 4 8839910www.kemsoluae.comMr. Asit Gunwantlal Shah

41

As of April 2008

ASSOCIATE MEMBERS


Maersk Line P.O.Box 29854DubaiUnited Arab EmiratesT: + 971 4 3932424F: + 971 4 3931823www.maerskline.comMr. Henrik Robdrup

Malaney Industries FZEP.O.Box 418782 F 38A, LOB 2, Hamriyah Free ZoneSharjahUnited Arab EmiratesT: + 971 6 5263840F: + 971 6 5263841www.malaney.comMr. A.S.Poojary

MEGlobal P.O. Box 293615 21, Burjuman TowerTrade Centre Road DubaiUnited Arab Emirates T: + 971 4 5088188F: + 971 4 3328280www.meglobal.bizMr. Henry F. Roth

Odfjell Dubai P.O. Box 576 Al Mina Road DubaiUnited Arab Emirates T: + 971 4 3519785 F: + 971 4 3519756www.odfjell.com Mr. Erik Nilsen

Petrochem Middle East P. O. Box 23910 1603 City Tower IISh. Zayed Road DubaiUnited Arab Emirates T: + 971 4 3329192 F: + 971 4 3329200www.petrocheme.comMr. Yogesh Mehta

Polychem Resins International Industries LLCP.B. No. 37029Jebel Ali Industrial AreaDubaiUnited Arab EmiratesT: + 971 4 8801662F: + 971 4 8801866www.polycheminternational.comMr. C.S. Chatterjee

Rakha Al Khaleej Intl. LLC P. O. Box 55157DubaiUnited Arab Emirates T: + 971 4 3977999 F: + 971 4 3972555www.rai-uae.comMs. Barkha Ahuja

Reda Industrial Materials GroupP.O. Box 15004Khalid Al Attar TowerSh. Zayed Road DubaiUnited Arab EmiratesT: + 971 4 3325100F: + 971 4 3325200www.redagroup.comMr. Abboud Smadi

Shell Chemicals ArabiaP.O. Box 3071403 City Tower 2 , Sh. Zayed RoadDubai. United Arab EmiratesT: + 971 4 3035289F: + 971 4 3321597www.shell.com/chemicalsMr. Aslam Moola

Stolt Nielson Trasportation Group P.O. Box 8612 API Tower, Sh. Zayed Road DubaiUnited Arab Emirates T: + 971 4 3328444 F: + 971 4 3328555www.sntg.comMr. Atle Sebjornsen

United Arab Shipping P.O. Box 55586DubaiUnited Arab Emirates T: + 971 4 2952227 F: + 971 4 2954026www.uasc.netMr. Waleed Al Dawood

UOP Middle East Co. P.O. Box 9248 25th Floor World Trade Centre DubaiUnited Arab Emirates T: + 971 4 3313841 F: + 971 4 3317033www.uop.comMr. Raza Jawad

Vopak Middle East B.V.P.O. Box 119448Park, Building No.2, Sh. Zayed RoadDubai,United Arab Emirates T: + 971 4 3618301F: + 971 4 3618302www.vopak.comMr. Ian Cochrane

Wacker Chemicals Middle East P.O. Box 18062Jebel Ali Free Zone Dubai United Arab Emirates T: + 971 4 8832025F: + 971 4 8832072www.wacker.comMr. Stefano Iannacone

United Kingdom

Clarksons PLCSt.Magnus House3 Lower Thames Street LondonUnited KingdomT: + 44 2073343092F: + 44 8704601517www.clarksons.comMr. Hans Brinkhoust

Nexant Chem Systems161 Hammersmith RoadW 6 8BS LondonUnited KingdomT: + 44 2079501600F: + 44 2079501550www.chemsystems.comMr. Alastair Hensman

42

Sempra Metals Ltd.111 Old Broad Street London EC2N ISG T: + 44 2078477615 F: + 44 2078477777www.semprametals.com Mr. Ryan Younger

United States of America

Arnold Thakray315 Chestnut StreetPhiladelphiaUnited States of AmericaT: + 1 215 8738254F: + 1 215 6295254www.chemheritage.comMr. Arnold Thakray

Chemtex InternationalCA 94085440N, Wolfe RoadSunnyvaleCaliforniaUnited States of AmericaT: +408 524 7474F: +408 524 7470www.chemtexintl.comMr. Amer Almualla

DeWitt and Company Inc.15333 John F. Kennedy BlvdSuite 850HoustonUnited States of AmericaT: + 1 281 8787200F: + 1 281 8787210www.dewittworld.comMr. Peter Jordan

Exxon Mobil Chemical Company13501 Katy FreewayCORP-EMCC-W1-372Houston, TexasUnited States of AmericaT: + 1 281 8706075F: + 1 281 5884772www.exxonmobilchemical.comMr. Walt Buchholtz

Invensys Process Systems10900 Equity Drive Houston,TX 77041United States of AmericaT: + 1 713 3291600F: + 1 713 3291700www.ips.invensys.comMr. Martin A.Turk

Jean Francois Seznec1701 Pleasant Plains Road Annapolis, MD, ZIP 21409United States of America T: + 1 410 3498020F: + 1 410 [email protected]. Jean Francois Seznec

Richard W. Brown315 Chestnut StreetPA 19106 PhiladelphiaUnited States of AmericaT: + 1 215 8738254F: + 1 215 6295254www.chemheritage.comMr. Rick Brown

Rick Sherman315 Chestnut Street PA 19106 PhiladelphiaUnited States of AmericaT: + 1 215 8738254F: + 1 215 6295254www.chemheritage.comMr. Rick Sherman

SRI Consulting 4300 Bohannon Drive #200 Menlo Park CA 94025United States of America T: + 1 650 3844000 F: + 1 650 3301190www.sriconsulting.com Mr. John Pearson

Vinmar International Ltd.Drive, Suit 499Houston 77060United States of America T: + 1 281 6181300F: + 1 281 4484474www.vinmar.comDr. Serge Verma

43


MEMBERS INDEX BY NAME OFTHE OFFICIAL REPRESENTATIVE

Hensman, Alastair 41Hur, Namyong 39Hussain, Kazi F. (Dr.) 38

Iannacone, Stefano 41Iske, Thorsten (Dr.) 35

Jawad, Raza 41Jordan, Peter 42

Kadic, Mirza 39Kezhi, Lin 37Khajah, Abdul Mohsen 39Khalifa Abdulla Al-Sowaidi 40Khan, Ahmed Mahmood 38

Lowe,Suzanne (Ms.) 39

Mahmood, Adil Sakhi 36Mazen K. Allahiq Al-Nuaimi 38Mehta, Yogesh 41Mirosevic-Sorgo, Mark 39Mohanna, Abdullah M. 38Moola, Aslam 41Moraisel, Hashim G. 38Mountford, Angie (Ms.) 40

Nanavaty, Kamal P. 37Neuhoff, Michael 37Nilsen, Erik 41

Ohashi, Yutaka 37Ostmoe, Espen 40

Packowski, Josef (Dr.) 37Pearson, John 42Poojary, A.S. 41

Raafat, Hesham 37Rathmann, Uwe 37Robdrup, Henrik 41Robinson, John 40Rooney, Patrick 40Roth, Henry F. 41

Said, Kamal 40Saunders, Bryan 37Sebjornsen, Atle 41Seznec, Jean Francois 42Shah, Asit Gunwantlal 40Sherman, Rick 42Smadi, Abboud 41Soliman A. Alhosain 36

Taparia, Mahaveerprasad S. 37Tawakley, Ashish 37Tayyar, Antoine 40Thakray, Arnold 42Turk, Martin A. 42

Van Doren, Philippe 39Verma Serge (Dr.) 42

Wagan, Eduardo G. 35Walker, David 37Wouwer, Bernard van den 38

Younger, Ryan 42

Zafari, Katayoun (Ms.) 40Zagzoog, Khalid 35

A Abograis, Suhail 39Ahuja, Barkha (Ms.) 41Al Abdullah, Abdulrahman Ali 36Alam, Mohammad A. 38Al Baiz, Abdullah O. 38Al Bakr, Abdullah A. 35Al Bakri, Raad 38Al Barmani, Saeed Ali 39Al-Bibi, Mohammed Ibrahim (Eng.) 35Al Dawood, Waleed 41Al Dhahab, Hamad (Dr.) 36Al Dosari, Saad F. 35Al-Dossari, Rashid M. 36Al-Emadi, Ahmed Ibrahim 36Al Ghamdi, Mussaed S. 35Al Gharabally, Jamal Khalid 39Al Hammad, Walid 35Alhabardi, Abdulaziz Bin Abdullah 35Alhosain, Sulaiman A 36Al Ibrahim, Ghazi 40Al Inaizi, Saad I. 38Al Khenaifer, Abdullah M. 38Al Mubarak, Mubarak A. 38Al Mubarrazi, Yousef A. 38Almualla, Amer 42Al Mulla, Ismail 40

36Al-Murar, Ali 36Al Mutawa, Ahmed Khalil 39

38Al Nuaimi, Hamad Rashed 36Al Nuaimi, Mazen K. Allahiq (Eng.) 35Al Ogaili, Abdulmohsen 35Al Qubaisi, Darwish 40Al Sada, Najeeb Khalifa 39Al-Shaier, Ali A. 35Al Shamekh, Saleh A. 39Al Sowaidi, Khalifa Abdulla 36Al Suwaigh, Sami Bin Abdulaziz 35Al Tuwaijiri, Homood A. 35Al-Utaibi, Mohammad N. 38Al Zamil, Osama Abdulaziz (Eng.) 35Andjelich, Elijah 35Aoun, Jad 40

Bechler, Lars 40Behbehani, Kamal 36Bernard, James 40Blaisse, R.W.B. 39Bode, Jakob 39Brinkhoust, Hans 41Brown, Rick 42Buchholtz, Walt 42Bukhari, Ahmed (Dr.) 35

413941

Daga, Satyen 37Demaghelatrous, Zakia (Ms.) 40Dhanorkar, Saurabh S. 37

Eccleston, Paul 40

Fakhroo, Yousef E. 35Fazail, Arshad Riaz 39Floren, John 35

Garad, Alaa 4038

Guha, B. 37

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44

MEMBERS INDEX BY COMPANY

40403539

A K Bakri & Sons 38Al Jabr-Talke Ltd. 38

353538354038353838

BASF Aktiengesellschaft 37Borealis 40Borouge 36Braemar Quincannon Pte Limited 39

37394042374140

374240

35393640

Esnaad 40Evonik Degusa Gulf FZE 40

42

37

35Gulf Navigation Holding 40

3935

Gulf Stabilizers Industries 38

Helm 37Honeywell Middle East 40

Ikarus Petroleum Industries 39393940

InterSearch in the Gulf 40Invensys Process Systems 42

37

Kemsol Ltd. 4039

LyondellBasell Industries 39

Ma’aden 38Maersk Line 41Malaney Industries FZE 41MEGlobal 41

3537

3538353541

Noble Resources & Trading - India 37

Odfjell Dubai 4137373636

36Petrochem Middle East 41

41

3636

Qatar Navigation 393636

3541

Reda Industrial Materials Group 41Reliance Industries Limited 37

38

383539

Saudi Aramco 383538363635

Sempra Metals Ltd. 424142

Stolt-Nielsen Transportation Group 41Supreme Petrochem Ltd. 37

The Linde Group 37

39Total Petrochemicals 39

United Arab Shipping 4141

Vinmar International Ltd. 42Vopak Middle East B.V. 41

41

36

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