Sector News

Borealis appoints new CFO

September 18, 2014
Chemical Value Chain
Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces the appointment of Mark J. S. Tonkens as Chief Financial Officer (CFO) and member of the Executive Board effective 1 November 2014. He succeeds Daniel J. Shook who has decided to pursue career opportunities outside Borealis.
 
Mark J. S. Tonkens joined Borealis in 2009 and last held the position of Senior VP of Group Controlling. He has a Master of Science (MSc) degree in Business Economics and a post graduate Chartered Accountant (Registeraccountant) degree from the University of Groningen in the Netherlands. Before joining Borealis he fulfilled a number of senior management roles in the Royal Philips group as CFO and Senior Vice President of various major global Business Units or Country Organizations located from the Netherlands and Greece in Europe to Taiwan and Hong Kong in Asia.
 
Mark Tonkens is a Dutch citizen, has three children and lives in Vienna, Austria.
 
“We welcome Mark to the Borealis Executive Board,” comments Mark Garrett, Borealis Chief Executive. “We are looking forward to his contribution to building upon our successful performance over the past years, as well as continuing to strengthen our leading position. At the same time, we would like to thank Dan for his outstanding contribution to the success of Borealis over the past 7 years, wishing him success and enjoyment in his new challenge.” 
 
By Karen Laird 
 

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.