The unique global chemicals industry award was decided by a vote between senior executives of the ICIS Top 40 Power Players listing
Amin Nasser, CEO, Saudi Aramco, is set to receive the prestigious Chemists’ Club Kavaler Award after he was selected as the outstanding candidate for the prize by the chemical industry’s most senior executives.
The unique global chemicals industry award is decided by a vote between senior executives of the ICIS Top 40 Power Players listing – a global ranking of the leaders making the greatest positive impact on their companies and the chemicals industry, and published in ICIS Chemical Business magazine.
The Kavaler Award will be presented at a virtual event in the fourth quarter of 2020.
ICIS and The Chemists’ Club invited each of the ICIS Top 40 Power Players in the 2019 ranking to vote for three individuals on the ballot, based on newsworthy achievement in one or more of the following categories: Profitability/shareholder value; ESG (environmental, social, governance); Innovation – technology, product, business process; and M&A/Projects.
Past winners of the ICIS Kavaler Award include LyondellBasell CEO Bob Patel (2019, 2018), BASF CEO Kurt Bock (2017), INEOS chairman Jim Ratcliffe (2016), former Dow Chemical CEO Andrew Liveris (2015), former LyondellBasell CEO Jim Gallogly (2014) and former PPG CEO Charles Bunch (2013).
“Saudi Aramco CEO Amin Nasser has made huge advances in petrochemicals with the $69bn acquisition of SABIC, the construction of mega projects worldwide and the ongoing development of crude oil-to-chemicals technology,” said Joseph Chang, global editor, ICIS Chemical Business.
“The level of project activity for Aramco is unprecedented for any company. Its global ambitions and investments in petrochemicals will create waves in the industry for years to come.”