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
Corteva (Indianapolis, Indiana) says it has signed a definitive agreement to acquire Stoller Group (Houston, Texas), a producer of biostimulants and plant nutrition products, for $1.2 billion. Stoller is one of the largest independent biologicals companies globally, with operations in more than 60 countries and more than $400 million in annual sales.
OMV has announced its new corporate structure today, designed to fully enable the delivery of Strategy 2030. The new organization will be built on five distinct areas. In addition to the CEO and CFO areas, three business segments will be established: Chemicals & Materials, Fuels & Feedstock, and Energy.
The European petchem sector is readying for some tough quarters. It’s a different picture in the US. So is this the best time ever to find a new role in the chemical industry? If you are in Europe, you would expect me to say probably not. But actually, it depends. So let me give you four answers to this question.
