Arabian American Development Co

Published : September 11th, 2012

Names Simon Upfill-Brown As Executive Vice President

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Today, ARSD announced that it has named Simon Upfill-Brown to the newly created position of Executive Vice President, effective September 26, 2012.  Press release below.
 

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September 11, 2012

Arabian American Names Simon Upfill-Brown As Executive Vice President

Internationally Known Executive Fills Newly Created Position; Responsible for Petrochemical Unit and Emerging Opportunities

SUGAR LAND, Texas, Sept. 11, 2012 /PRNewswire/ -- Arabian American Development Co. (ARSD) today announced that it has named Simon Upfill-Brown to the newly created position of Executive Vice President, effective September 26, 2012. Mr. Upfill-Brown will be responsible for the South Hampton Resources petrochemical business, including diversifying the product line, broadening the customer base and expanding current opportunities both domestically and internationally.

 

Nick Carter, President and Chief Executive Officer, commented, "We are delighted that Simon is joining our Company. He is very well known and respected in the chemical industry. He has multiple-industry experience, from start-ups to multi-national organizations, in managing effective operations for long-term growth and profitability. His extensive operational knowledge and skills, and strategic business planning expertise, combined with a proven ability to identify and capture market opportunities for accelerated expansion, will be key to his effectiveness with our South Hampton Resources unit."

 

Mr. Upfill-Brown has over 20 years senior level experience in international management of coatings, chemicals and renewable resources. Most notably, from 1993 he was President and CEO of Haltermann Inc., a North American provider of custom chemical manufacturing services to major chemical companies. Haltermann was a subsidiary of Ascot plc until its acquisition by The Dow Chemical Company in June 2001. As General Manager of Dow Haltermann from 2001 - 2008, he successfully integrated operations in four countries from five different entities for the newly formed $230 million global business unit that offered custom manufacturing services to the performance chemical industry. He was effective in blending the entrepreneurial, agile culture of Haltermann with the disciplined, work process-driven culture of Dow. During this time, he grew the EBIT of Dow Haltermann by $70 million in five years. Mr. Upfill-Brown was also CEO of his own consulting firm, as well as CEO of a venture-backed algae-to-fuels company spun out of MIT in 2001, and a technology start-up focused on converting organic waste to hydrocarbon fuels. He began his career in the paint and protective coatings industry. He holds undergraduate degrees in chemistry and mathematical statistics from Stellenbosch University, South Africa and an MBA from Stanford Graduate School of Business.

 

Mr. Upfill-Brown commented, "I look forward to making a contribution to the Company's near- and long-term strategies and I am eager to help expand the overall business. Arabian American Development Company's petrochemical subsidiary, South Hampton Resources,  has a leadership position, an outstanding reputation for excellence in the specialty petrochemical industry and is well-positioned to capitalize on emerging opportunities in the marketplace."

 

About Arabian American Development Company (ARSD)

 

ARSD owns and operates a petrochemical facility located in southeast Texas, just north of Beaumont which specializes in high purity petrochemical solvents and other solvent type manufacturing. The Company is also the original developer and a 37% owner of Al Masane Al Kobra Mining Co., a Saudi Arabian joint stock company..

 

Safe Harbor

 

Statements in this release that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon management's belief as well as assumptions made by and information currently available to management. Because such statements are based upon expectations as to future economic performance and are not statements of fact, actual results may differ from those projected. These risks, as well as others, are discussed in greater detail in Arabian American's filings with the Securities and Exchange Commission, including Arabian American's Annual Report on Form 10-K for the year ended December 31, 2011, and the Company's subsequent Quarterly Reports on Form 10-Q.


Thank you for your interest. If you have any questions, please contact Cameron Donahue at cameron@haydenir.com or (651) 653-1854
 
Sincerely,
 

Cameron Donahue, Partner
Hayden IR
(651) 653-1854
(651) 707-3532 (cell)
Cameron@haydenir.com
www.haydenir.com
 
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Arabian American Development Co

CODE : ARSD
ISIN : US0384651008
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Arabian American Development is a exploration company based in United states of america.

Arabian American Development is listed in United States of America. Its market capitalisation is US$ 268.5 millions as of today (€ 198.2 millions).

Its stock quote reached its lowest recent point on December 12, 2008 at US$ 0.41, and its highest recent level on June 17, 2014 at US$ 11.01.

Arabian American Development has 24 387 625 shares outstanding.

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Nominations of Arabian American Development Co
6/2/2011Joseph P. Palm Elected to Arabian American Development Board...
Financials of Arabian American Development Co
3/9/2012Announces Fourth Quarter and Full Year 2011 Financial Result...
8/5/2011Announces Second Quarter 2011 Financial Results
5/6/2011Announces First Quarter 2011 Financial Results
3/4/20102009 Fourth Quarter and Year End Financial Results on March ...
10/29/20092009 Third Quarter Financial Results on November 5, 2009
8/6/2009Second Quarter 2009 financial Results
7/30/2009Second Quarter Financial Results on August 6, 2009
3/5/2009mpany to Announce 2008 Fourth Quarter and Year End Results o...
11/6/2008Announces Third Quarter 2008 Financial Results
8/7/2008Announces Second Quarter 2008 Financial Results
7/31/2008to Announce 2008 Second Quarter Results on August 7, 2008
Project news of Arabian American Development Co
8/22/2012(Al Masane)Announces First Sale and Shipment of Zinc and Copper Concent...
12/20/2011s Investors on AMAK Mine, Petrochemical and Toll-Processing ...
10/25/2011Announces Completion of Construction Phase of AMAK Mine
6/1/2010(Al Masane)& AMAK Announce $88 Million in Financing for Saudi Mine Deve...
Corporate news of Arabian American Development Co
9/11/2012Names Simon Upfill-Brown As Executive Vice President
8/24/2012featured in Seeking Alpha article on basic material companie...
8/16/2012Announces Filing of Shelf Registration
6/13/2012mpany Set to
4/3/2012to Ring the NYSE Closing Bell on April 10, 2012
3/21/2012Receives Approval for Listing on the NYSE
1/26/2012Announces Two-Year Contract Extension with an Existing Fortu...
12/1/2011Provides Business Update
9/19/2011Announces AMAK's Receipt of Four Additional Mining Leases
7/26/2011Announces Plans to Build Renewable Hydrocarbon Processing De...
4/26/2011(Al Masane)Provides an Update to Al Masane Al Kobra Mine and Additional...
4/8/2011Announces Audit Committee Realignment
3/9/2011Announces Fourth Quarter and Full-Year 2010 Financial Result...
2/15/2011(Al Masane)Provides Update on Al Masane Al Kobra Mine Activities
6/29/2010South Hampton Resources Signs Five-Year Agreement for Hydroc...
5/5/2010Signs Five-Year $60 Million Contract with New Customer
7/1/2009Nicholas Carter Succeeds Hatem El-Khalidi as President and C...
1/15/2009Announces Business Update Call
12/23/2008Announces Planned Retirement of CEO Hatem El-Khalidi Effecti...
12/16/2008Provides Year-End Business Update
9/19/2008Announces Update on Impact of Hurricane Ike
7/17/2008Provides 2008 Mid-Year Update on Key Business Activities
7/14/2008Announces Approval of All Proposals at 2008 Annual Sharehold...
6/16/2008Announces New Date for 2008 Annual Meeting of Shareholders
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