Refining & Petrochemicals Middle East - - FRONT PAGE -

Past ten years had been re­mark­able in the progress of the Mid­dle East re­fin­ing and petro­chem­i­cal in­dus­try as it wit­nessed im­ple­men­ta­tion of land­mark projects, de­vel­op­ment of game-chang­ing tech­nolo­gies and cre­ation of novel prod­ucts, un­der the lead­er­ship of dy­namic tech­nocrats.

The roadmap to suc­cess for the re­fin­ing and petro­chem­i­cal in­dus­try is de­fined by the right com­bi­na­tion of peo­ple, projects, pro­cesses and prod­ucts. The outlook for the Mid­dle East down­stream in­dus­try is strong, but the good times may not last for­ever and the re­gion’s in­dus­try needs to ‘get fit’ and trans­form it­self for the chal­lenges of the fu­ture.

The re­gion’s op­er­a­tors need to man­age costs more ef­fec­tively, in­sti­tute world-class com­mer­cial man­u­fac­tur­ing, sup­ply chain and func­tional op­er­a­tions, and look se­ri­ously at the pos­si­bil­i­ties of both di­vesti­ture and con­sol­i­da­tion. The in­dus­try’s strate­gic ac­tions to­day will de­fine its po­si­tion in the global down­stream land­scape dur­ing the next decade. Peo­ple, projects, pro­cesses and prod­ucts are the es­sen­tial in­gre­di­ents in this trans­for­ma­tion.

We have ranked this year’s list of Re­fin­ing & Petro­chem­i­cals Mid­dle East ‘Power 50’ based on the in­flu­ence of the in­di­vid­ual on the re­gion’s re­fin­ing and petro­chem­i­cal in­dus­try, and how they are po­si­tion­ing their or­gan­i­sa­tions in the global down­stream land­scape. For this, we have con­sid­ered their en­deav­ours dur­ing 2017-2018. The amount of busi­ness each com­pany has done in 2018 is def­i­nitely one of the fac­tors, but this Power 50 is more than just a rich list for the down­stream in­dus­try pro­fes­sion­als.

We have ac­knowl­edged new projects, in­no­va­tions, and ap­proach to sus­tain­abil­ity and cor­po­rate so­cial re­spon­si­bil­ity in de­ter­min­ing the en­tries as well as the rank­ing. As you can see from the fol­low­ing pages, there are a num­ber of new en­tries to the list, while some in­di­vid­u­als from the 2017 list have moved out. The rank­ings also have changed no­tably.

Con­grat­u­la­tions to all the in­di­vid­u­als who have been por­trayed in this year’s Power 50!

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