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SABIC Innovative Plastics Names Charlie Crew President and CEO

05-27-2008 10:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: SABIC Innovative Plastics

/ PR Agency: Marketing Solutions
BERGEN OP ZOOM, The Netherlands – May 20, 2008 – SABIC Innovative Plastics today announced that Charlie Crew has been promoted to president and CEO of the company, effective immediately. Crew will lead the multi-billion-dollar engineering thermoplastics business with operations in more than 25 countries and over 10,500 employees worldwide. Crew succeeds Brian T. Gladden who left the company to pursue other opportunities.

“We are pleased to name a proven, influential leader such as Charlie as president and CEO of our thermoplastics business,” said SABIC Vice Chairman and CEO Mohamed H. Al-Mady. “Charlie is well-known throughout the industry, and is a highly respected leader across the entire SABIC organization.”

Crew has had a long and accomplished career with the company. He joined GE Plastics in 1977 as an account manager, and over the years he has held a variety of roles of increasing responsibility. Crew was president and chief executive officer of LNP* Engineering Plastics, and served as vice president and general manager of the Cycolac* and Geloy* resins and petrochemicals business. He led the European operations as president and senior managing director of GE Plastics Europe, Middle East, and Africa, and also was vice president and general manager commercial operations for GE Plastics Americas. Most recently Crew was vice president and general manager of SABIC Innovative Plastics’ global ventures business. Crew graduated from Villanova University in Pennsylvania with a bachelor’s degree in marketing.

“This internal promotion underscores the depth of our management team and the strength of our succession plan,” continued Al-Mady. “Charlie is a seasoned executive with more than 30 years in the plastics business, ensuring continuity of leadership within this critical business.”

SABIC Innovative Plastics was launched in 2007 following the acquisition of GE Plastics.

SABIC Innovative Plastics Media Contact:
The Americas
Jodi Kennedy
SABIC Innovative Plastics, Pittsfield, Mass.
Tel: +1 413 448 7383
E-Mail: jodi.kennedy@sabic-ip.com

Agency Media Contacts
Europe
Tessa Vroegop
Marketing Solutions, Bergen op Zoom,
The Netherlands
Tel: +31 164 317 013
E-Mail: tvroegop@marketingsolutions.be

About SABIC Innovative Plastics

SABIC Innovative Plastics is a leading, global supplier of engineering thermoplastics with a
75-year history of breakthrough solutions that solve its customers’ most pressing challenges. Today, SABIC Innovative Plastics is a multi-billion-dollar company with operations in more than 25 countries and over 10,500 employees worldwide. The company continues to lead the plastics industry with customer collaboration and continued investments in new polymer technologies, global application development, process technologies, and environmentally responsible solutions that serve diverse markets such as automotive, electronics, building & construction, transportation, and healthcare.

The company’s extensive product portfolio includes thermoplastic resins, coatings, specialty compounds, film, and sheet. SABIC Innovative Plastics (www.sabic-ip.com) is a wholly owned subsidiary of Saudi Basic Industries Corporation (SABIC), one of the world’s top five petrochemicals manufacturers.

# # #

* Trademark of SABIC Innovative Plastics IP BV.

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