Sector News

Bayer names Frank Lutz as MaterialScience CFO

September 23, 2014
Chemical Value Chain
(Reuters) – Germany’s Bayer BAYG.DE named Frank Lutz as chief financial officer of its plastics unit MaterialScience, which it plans to float on the stock market as a separate company.
 
Lutz, 45, is currently CFO of retail group Aldi Sued. He will take up his appointment on Oct. 1, replacing Axel Steiger-Bagel, who will become senior Bayer representative for the Benelux countries, Bayer said on Tuesday.
 
(Reporting by Georgina Prodhan; Editing by Edward Taylor)

Related News

July 31, 2021

Maire Tecnimont awarded €430-million contract for Repsol’s Portugal polymers expansion 

Chemical Value Chain

The total contract value is approximately €430 million. The project scope of work entails complete engineering services, equipment and material supply, installation and construction activities and, as an optional part of the scope, commissioning and start up.

July 31, 2021

Lenzing invests €23.3 million in new wastewater-treatment plant in the U.K. 

Chemical Value Chain

Once it has implemented this project, Lenzing will have biological wastewater treatment plants that meet the best available techniques (BAT) quality standard at all its production sites.

July 31, 2021

Is hydrogen just oil and gas greenwashed?

Chemical Value Chain

The debate over the position of hydrogen in the new energy revolution has come to the fore again thanks to Japan’s hosting of the Olympic Games. But rather than showcasing how green this miracle new fuel is, it has highlighted its many problems.

Send this to a friend