GC Influencers
Most Influential GCs - Saudi Arabia
Keith Hutton of Saudi International Petrochemical Company (SIPCHEM)
Keith Hutton joined Saudi International Petrochemical Company (Sipchem), one of Saudi Arabia’s large petrochemical companies, in 2005. 2019 saw the global chemical giant complete its USD2 billion merger with Sahara Petrochemical Company to form Sahara International Petrochemical Company in one of the Kingdom’s largest transactions of the year. The new company has combined assets worth more than USD5.9 billion and an increasingly competitive products portfolio.
The combined entity continues to be referred to as Sipchem; Hutton currently serves as the organisation’s chief legal counsel. Following the completion of the merger, the company will continue to expand its market reach by seeking opportunities for growth in Asia and the USA.
The organisation maintains a commitment to corporate social responsibility and oversees various programmes and initiatives in support of the development of young people and women.
It is also committed to supporting local industries and small businesses located within the Kingdom. In October 2019, Sipchem partnered with bulk logistics provider Hoyer Middle East to expand the reach of its chemical products and allow for the delivery of products and services to both large and small-to-medium businesses throughout Saudi Arabia.
One source said of Hutton: “He is excellent and very pragmatic – he understands the business and is always fair to external counsel.”