Sector News

Altana CEO to join Lanxess supervisory board

February 19, 2015
Energy & Chemical Value Chain
(Reuters) – Altana CEO Matthias Wolfgruber and Deutsche Post DHL finance chief Lawrence Rosen will be appointed new members of the Lanxess supervisory board in May, German business monthly Manager Magazin reported on Wednesday.
 
Current Lanxess supervisory board members Robert Koehler, the former head of SGL Carbon, and Rainer Laufs, an independent consultant, will not stand for re-election at the chemical company’s general meeting on May 15, the magazine said, without specifying its sources.
 
Manager Magazin also said that Lanxess CEO Matthias Zachert will present a new strategy for the company’s rubber unit by May at the latest.
 
Lanxess is in talks with Russia’s NKNK and state-owned Saudi Arabian Oil Company (Saudi Aramco) to sell a stake in its tyre rubber business, people familiar with the matter told Reuters earlier in February, as it battles overcapacity and weak prices.
 
Lanxess and specialty chemicals Altana declined to comment on the article. Deutsche Post was not immediately available for comment. (Reporting by Matthias Inverardi, Kirsti Knolle; Editing by Keith Weir)

comments closed

Related News

April 26, 2024

CIECH Group will change its name to Qemetica in June

Energy & Chemical Value Chain

We are closing the chapter of the Chemicals Import Export Headquarters, and opening a new chapter under the name of Qemetica – a chemical group driving many industries on all continents. Therefore, the change of name is also accompanied by the adoption of the key goals of the business strategy for the next 6 years. – says Kamil Majczak, President of the Management Board.

April 26, 2024

Neste annouces first success in processing pyrolysis oil from discarded tires

Energy & Chemical Value Chain

In its efforts to advance chemical recycling, Neste has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires. In the processing run, Neste produced high-quality raw material for new plastics and chemicals.

April 26, 2024

Sika opens synthetic fibers production facility in Peru

Energy & Chemical Value Chain

Sika is opening a state-of-the-art facility in Lima, Peru, to produce synthetic macro fibers, and expanding the rollout of a product range with great growth potential in Latin America. With this innovative technology, Sika is further strengthening its position as a leading supplier to the mining industry and a strong partner for infrastructure projects.

How can we help you?

We're easy to reach