Marcelo Lu was appointed president, BASF Canada, effective February 1, 2016. He succeeds Carles Navarro, who now heads BASF in Spain and Portugal.
In this role, Lu will lead BASF Canada’s Leadership Team and be responsible for implementing the company’s global and regional strategies in the country. He will lead the internal business support groups, including: Communications, Human Resources, Legal, Finance, and Market and Customer Development, as well as orchestrate all of BASF’s businesses in Canada.
Prior to this appointment, Lu was Vice President, Business Management Polyamides and Precursors, for BASF in Asia Pacific. He held various positions within BASF Group, including global lead buying for natural gas based products and derivatives and Staff to a Board Member.
Prior to joining BASF, Lu held several consulting positions at International Finance Corporation (IFC), the private sector development arm of the World Bank, in Washington, DC.
Lu holds a Bachelor of Science Degree from the School of Foreign Service, Georgetown University (Washington DC, USA).
Ineos Enterprises has signed an agreement to buy MBCC Group’s admixture business from Sika. The deal is required by European antitrust regulators to approve Sika’s purchase of the MBCC Group, formerly BASF Construction Chemicals. The transaction is scheduled to complete in the first half of this year, subject to regulatory approvals.
Carbios and Novozymes are entering an exclusive long-term global strategic partnership to ensure the production and supply of Carbios’ proprietary PET-degrading enzymes at an industrial scale. Together the companies will build the world’s first biological PET-recycling plant due to start production in 2025 in Longlaville, France, as well as Carbios’ future licensee customers.
Pyrolysis process keeps difficult-to-recycle crosslinked polyethylene like XLPE and PE-X in the circular loop. Chemically recycled grades in the Borcycle™ C portfolio are ISCC PLUS certified according to the mass balance methodology. EverMinds™ approach provides innovative and viable solutions to recycling challenges in the Wire & Cable and Infrastructure industries.