The Supervisory Board of BASF SE extended the appointment of Dr. Martin Brudermüller (61) as BASF’s Chairman of the Board of Executive Directors until the end of the 2024 Annual Shareholders’ Meeting; Brudermüller’s appointment was originally scheduled to end in 2023. Brudermüller has been Chairman of the Board of Executive Directors of BASF SE since 2018 and a Board member since 2006.
“I am pleased that Martin Brudermüller will continue to lead the company with prudence and determination in these difficult times,” said Dr. Kurt Bock, Chairman of the Supervisory Board of BASF SE.
In addition, the Supervisory Board has appointed Dr. Dirk Elvermann (51) as the new Chief Financial Officer and Chief Digital Officer. He succeeds Dr. Hans-Ulrich Engel (63), whose mandate ends at the closing of the 2023 Annual Shareholders’ Meeting. Engel has been a member of the Board of Executive Directors since 2008, Chief Financial Officer of BASF SE since 2011 and also, since 2018, Vice Chairman of the Board of Executive Directors. Elvermann has been with the company since 2003 and has been leading the Corporate Finance division since 2019. Previously he was, among other positions, Chief Financial Officer of Wintershall Holding GmbH and Managing Director of BASF in Poland. “I am convinced that Dirk Elvermann with his broad experience and leadership skills will be an excellent addition to BASF’s Board of Executive Directors,” said Dr. Kurt Bock, Chairman of the Supervisory Board of BASF SE.
International Chemical Investors Group (ICIG) has entered exclusive negotiations with Nippon Soda and made what it said is a “firm and binding offer” to acquire the Japanese group’s offshoot Métaux Spéciaux (MSSA), a sodium metal specialist.
Aligning with the SC’s key initiatives on responsible plastic recycling, Coca‑Cola Middle East’s pilot of 100% rPET bottles marks the first time the packaging will be in circulation at a FIFA World Cup tournament and serves as Coca‑Cola’s debut in locally producing the bottles in the region.
Through the transaction, Neste is acquiring a leading UCO collection and recycling business on the US West Coast, covering the collection, logistics and storage of UCO in California, Oregon and Washington. Together with the previous acquisitions (…) the transaction continues to enhance Neste’s global raw materials sourcing platform.