Borealis CEO Mark Garrett has decided to leave the company “to pursue a new career path,” the company says. The Borealis supervisory board says it “regrets but accepts this decision” and has appointed Alfred Stern to succeed Garrett as CEO, effective 2 July.
Stern is currently executive vice president/polyolefin business and innovation at Borealis. He joined the company in 2008 and earlier worked at the former DuPont. Stern jointed the Borealis board in 2012.
By Ian Young
CF Industries Holdings, Inc. (NYSE: CF) today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments.
The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks. This was enabled through the inclusion of a new bio-based aromatic jet fuel blending component.
Cepsa SA (Madrid) has agreed a deal with C2X, an independent firm owned by AP Moller Holding with AP Moller-Maersk as minority owner, to develop a 300,000 metric tons per year renewable methanol plant at Huelva, Spain.