This Day in History

This Day in History (2011): Sadara board, officers named

Aramco's joint venture with The Dow Chemical Co. took a major step forward 11 years ago.

This Day in History (2011): Sadara board, officers named

From the Nov. 30, 2011, edition of The Arabian Sun


Saudi Aramco and The Dow Chemical Co. this week announced the official formation of Sadara Chemical Company (Sadara), a joint venture between the two companies. Also announced today were Sadara's Board of Directors and its senior officers.


The Sadara Board is composed of eight members, with Abdullatif A. Al-Othman, Aramco's senior vice president of Engineering and Project Management as board chairman, and James D. McIlvenny, Dow senior vice president, as the deputy chairman.


Other members include Abdulaziz M. Al Guidaimi, Saudi Aramco's vice president of Chemicals; Michael R. Gambrell, Dow executive vice president and advisor on Manufacturing and Engineering to chairman and CEO; Howard Ungerleider, Dow senior vice president and president of Dow's Performance Plastics Division; Ahmad O. Al-Khowaiter, Saudi Aramco chief engineer; William H. Weideman, Dow executive vice presdient and chief financial officer; and Tofiq H. Gabsani, president of Saudi Refining, Inc.


A number of senior officers of the joint venture also have been named by the Sadara Board, including: Ali A. Abuali, former president of Aramco Services Co., as CEO of Sadara; Luciano Poli, Dow finance director for Europe, Middle East and Africa, as vice president for Manufacturing and Engineering; Naser M. Al-Abdulkareem, commercial director for Vela International, as vice president of Business and Services; and Mohammed T. Al-Sellemi, director of the Human Resources Services Department at Saudi Aramco, as vice president of Industrial Relations.


Also on this date:


2021 — Barbados becomes a republic


2004 — A Lion Air Flight overshoots the runway while landing at Adisumarmo International Airport, killing 25 people


1999 — Demonstrations against a World Trade Organization in Seattle force the cancellation of opening ceremonies


1999 — Exxon and Mobil sign a $73.7 billion agreement to merge, creating ExxonMobil, the world's largest company


1982 — Michael Jackson releases his sixth solo album, Thriller, which goes on to become the biggest selling album of all time


1966 — Barbados becomes independent from the United Kingdom


1936 — The Crystal Palace in London is destroyed by fire


1872 — First-ever international football match takes place in Glasgow between Scotland and England


1782 — In Paris, representatives from the U.S. and Great Britain sign preliminary peace articles that would go on to become the 1783 Treaty of Paris


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