Dr. Sultan Ahmed Al Jaber Tops 2026 ICIS Top 40 Power Players

2026-01-24 02:21:30

(MENAFN- Khaleej Times)

Independent Commodity Intelligence Services (ICIS) Group has announced its list of the Top 40 Power Players in the Chemicals Sector for 2026, a global ranking of leading chief executives and senior leaders who are delivering the greatest positive impact within their companies and across the global chemicals industry.

The group said that Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO and Executive Chairman of XRG, ranked first on the 2026 list published on the ICIS Chemical Business website, following his recognition as ICIS CEO of the Year for 2025.

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“Dr. Sultan Ahmed Al Jaber is making moves that will transform the global chemical industry with the creation of Borouge Group International (BGI) and the acquisition of polyurethanes producer Covestro,” said Joseph Chang, global editor of ICIS Chemical Business.

“The upcoming merger between Abu Dhabi-based Borouge, Austria-based Borealis and Canada-based NOVA Chemicals to create Borouge Group International will launch a powerhouse in global polyolefins,” he added.

ADNOC's international investment arm, XRG has acquired Covestro and is progressing in the proposed establishment of BGI, as XRG aims to become a top 3 global chemicals provider. With 70% growth projected in worldwide chemical demand by 2050, both transactions will solidify Abu Dhabi's status as a leader in the global chemicals sector.

ICIS Group is a leading global provider of market intelligence, data and analytics for the chemicals, energy and gas markets.

The ICIS Top 40 Power Players list is selected by ICIS's global editorial team, based on the distinction and vision demonstrated by these leaders across one or more key areas, including: projects, profitability and shareholder value creation, mergers and acquisitions and portfolio management, support for innovation, and the implementation of best practices in environmental, social, and governance (ESG) standards.

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