AkzoNobel has named Thierry F.J. Vanlancker as the future Executive Committee member responsible for Specialty Chemicals, effective February 1, 2017. He will succeed Werner Fuhrmann, who has decided to retire from the company next year, after 37 years of service.
Vanlancker, a Belgian national, was most recently President – Fluoroproducts for Chemours, the spin-off company of DuPont’s chemical businesses formed in 2015. He joined DuPont in 1988 and has held a number of senior positions both in Europe and the US.
Commenting on the announcement, AkzoNobel CEO Ton Büchner said: “We are delighted to have such an experienced chemical industry professional as Thierry join AkzoNobel. We look forward to him building on the fantastic momentum Werner has achieved, taking the Specialty Chemicals business to new levels.”
Vanlancker added: “I am delighted to be taking up this role at AkzoNobel, a company I greatly admire. I am looking forward to helping the company and the Specialty Chemicals business achieve its vision of delivering leading performance and profitable growth.”
Source: AkzoNobel
ExxonMobil Corp. (Spring, Tex.) announced the startup of two new chemical production units at its Baytown, Texas, manufacturing facility. The $2 billion expansion is part of ExxonMobil’s long-term growth plans to deliver higher-value products from its U.S. Gulf Coast refining and chemical facilities.
Ineos Enterprises has announced the acquisition of Eramet Titanium & Iron (ETI) from Eramet for €230 million ($245 million). The deal was completed on Sept. 21 and takes immediate effect, following the satisfaction of regulatory approvals.
Arxada has appointed Sanjeev Rastogi as Chief Executive Officer (CEO), effective immediately. He succeeds Marc Doyle who led Arxada since its foundation and will join the company’s board of directors as a non-executive member.