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PPG announced that Kevin Braun, currently senior vice president, industrial coatings segment, will become senior vice president, operations, effective October 1, 2024. Braun will succeed Ram Vadlamannati, who announced his intention to retire from PPG after 25 years with the company.
The novel drug – named Cobenfy – introduces a new mechanism of action to the schizophrenia treatment landscape by targeting cholinergic receptors as opposed to dopamine receptors. The market for schizophrenia drugs has long been dominated by dopamine-blocking antipsychotics, which are associated with significant side effects such as Parkinsonian symptoms, sexual dysfunction, and weight gain.
The cakes and pastries market in China is estimated to have $3 billion in annual sales and is growing at a compound annual growth rate of 15%, according to Mondelez. The acquisition will build on the company’s strategy to expand its global presence in the category.
Founded over 30 years ago, APR is an international non-profit and the only North American organisation focused exclusively on improving recycling for plastics. APR Design® for Recyclability Recognition is an engineering assessment of the technical compatibility of either a packaging component, assembly of components, or a complete package with today’s plastics recycling processes.