As a former McKinsey consultant with an MBA, Fernando Musa knew about the theory of management — but it was only when he was thrust into the chief executive role at Braskem, the Brazilian petrochemical group, that he learnt how to lead.
His predecessor, Carlos Fadigas, had become embroiled in a massive corruption scandal. The company needed a new figure at the helm urgently.
> Read the full article on the Financial Times website
By Joe Leahy
Source: Financial Times
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.
