Sector News

Avery Dennison names CEO

February 29, 2016
Chemical Value Chain

Label and packaging materials maker Avery Dennison Corp. is getting a new CEO.

Mitchell R. Butier was elected to the top spot by the company’s board and begins his new role May 1.

He succeeds Dean Scarborough, who will become executive chairman of the board, the company said.

“Mitch has worked in various businesses and regions across Avery Dennison and in roles of increasing responsibility, including chief financial officer and president and chief operating officer,” Scarborough said in a statement. “He has been a close thought partner of mine and has been at the center of our most successful business strategies.”

Butier has been with Glendale, Calif.-based Avery Dennison since 2000 and was appointed COO in November 2014, the company said.

By Jim Johnson

Source: Plastics News

comments closed

Related News

May 21, 2022

Sika opens new manufacturing plant in Bolivia 

Chemical Value Chain

Sika AG (Baar, Switzerland) has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia. With this new facility in one of the country’s main industrial agglomerations, Sika is positioning itself for continued growth in the dynamic Bolivian construction market.

May 21, 2022

Chevron increases renewable fuel market share with REG acquisition

Chemical Value Chain

Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) announced on Monday a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.

May 21, 2022

Lotte Chemical to invest $8 bn on hydrogen energy, battery materials by 2030

Chemical Value Chain

Lotte Chemical Corp. will invest 10 trillion won ($8 billion) on hydrogen and battery materials through 2030 to achieve annual revenue of 50 trillion won and carbon neutrality. The Korean chemical producer on Thursday unveiled its new corporate vision outlining key corporate strategies with focus on growth through hydrogen energy and battery materials businesses.