ACC announced on Monday that Cal Dooley has agreed to delay his retirement and extend his tenure as president and CEO through 2019. The decision to delay retirement comes shortly after ACC’s Annual Meeting, where the board of directors agreed that the chemicals and plastics industry must take a global leadership role to reduce and ultimately eliminate plastic waste.
“Cal’s leadership at ACC has been essential to the industry’s success in recent years. As ACC members embark on an effort to reduce and eliminate plastic waste in the years to come, the ACC officers felt strongly that Cal’s experience and leadership were essential to aligning the global industry around a coordinated strategy,” said Bob Patel, ACC Chairman and Chief Executive Officer of LyondellBasell. “With a little arm twisting and agreement from his gracious wife Linda, we were able to convince Cal to stay on to lead the development of this critical effort.”
ACC had originally announced Dooley would retire at the end of 2018. In May, the trade association issued ambitious plastics recovery and recycling goals, including a target of recycling or recovering 100% of plastic packaging in the United States by 2040.
“Ending plastic waste is an issue of personal, as well as professional interest, and I am excited to help lay the foundation for a sustained, global industry effort to address it,” Dooley added.
Korn Ferry International was retained to conduct the search for Dooley’s replacement when his retirement was announced in April 2018. With Dooley’s announcement today, Korn Ferry’s efforts have been suspended, but they will resume their search in mid-2019.
By Rebecca Coons
Source: Chemical Week
After a six-year break, Interpack – Europe’s largest packaging trade fair – made a highly anticipated return in 2023, providing attendees with a comprehensive overview of the latest packaging trends and advancements. This year’s event took place in Düsseldorf, Germany, from 4 to 10 May.
Processing equipment and solution provider Hillenbrand has announced plans to acquire Schenck Process Food and Performance Materials (FPM) for around $730 million. FPM, a portfolio company of private investment firm Blackstone, develops, manufactures, markets and sells a full range of solutions, products and systems for the food, chemicals and performance industries.
Asian dairy company Yili Group is strengthening its partnership with Sidel by installing the equipment provider’s Aseptic Lab filler to research and test product designs. Sidel’s Aseptic Lab filler is said to be compact and customized to meet Yili’s R&D needs for test runs consisting of a small number of bottles with different shapes and sizes.