SIPCHEM
Paul Jacobs has a diverse and extensive work experience spanning several industries. Paul started their career in GE, where they held various financial roles, including Senior Financial Analyst and Director of Business Development. Later, they joined Borealis as Vice President, where they worked in feedstock and olefins and also managed business planning and analysis. Paul then worked at DONG Energy as Chief Financial Officer of Energy Markets. After that, they served as Chief Financial Officer at Takamul/Oman Oil Corporation. Paul also gained experience as the Head of Finance and CFO at Maersk Oil Trading before joining SIPCHEM as VP of Corporate Finance and CFO. Paul was later promoted to VP of Corporate Strategy & Business Development. Additionally, Paul worked as an Independent Advisor during different periods in their career.
Paul Jacobs attended Elzendaal College from 1979 to 1985. Paul later pursued a Master of Science degree in Finance & Business Economics at Universiteit van Tilburg from 1985 to 1988. Additionally, they participated in the Courage to Lead program for company leadership development at IMD Lausanne's Business Programs from 2003 to 2005.
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SIPCHEM
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Established in 1999, Sahara International Petrochemical Company (Sipchem) manufactures and markets methanol, butanediol, tetrahydrofuran, acetic acid, acetic anhydride, vinyl acetate monomer, as well as carbon monoxide through its various affiliates. It has been listed on Saudi Stock Market since 2006. It serves its customers in the construction, solvents, automotive, electronics, polymer, coatings, and pharmaceutical industries that help improving the lives of people worldwide. Following its success during the last decade, Sipchem continues its journey of progress by launching several down-stream projects to manufacture Ethylene Vinyl Acetate, Low Density Polyethylene, Ethyl Acetate, Butyl Acetate, Cross Linkable Polyethylene, and Semi conductive Compound that are scheduled to start in 2013. It is noteworthy that Sipchem has been declared the winner of the “ best working environment company in the Kingdom” for the year 2010 through an independent survey. Further, Sipchem has the distinction of being the first chemical manufacturing company in the Kingdom to achieve “Responsible Care” certification. In line with its corporate social responsibility, Sipchem actively participates and supports community social causes. Sipchem takes its responsibilities towards its community so seriously that it has allocated 1% of its total net annual profit to support its social responsibility programs.