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
BASF will build a commercial scale battery recycling black mass plant in Schwarzheide, Germany. This investment strengthens BASF’s cathode active materials (CAM) production and recycling hub in Schwarzheide. The site is an ideal location for the build-up of battery recycling activities given the presence of many EV car manufacturers and cell producers in Central Europe.
Clariant says it is reducing its number of businesses from five to three, by merging units, under a reorganization that is in line with the company’s purpose-led strategy and cultural transformation. The moves will position Clariant for long-term sustainable growth, the company says.
Chemicals & plastics industry has the most diversified end-use market across all manufacturing industries. The industry returned to growth in 2021 but a supply chain crunch prevented it from becoming stronger. The market is likely to stabilize in the second half of 2022 with a supply-demand balance.