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.
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By Joe Leahy
Source: Financial Times
The investment enables the steam cracker to increase the share of renewable and recycled raw materials used in its (ethylene and propylene) production. The move supports the Borealis Strategy 2030 for a circular economy. The Porvoo investment program is expected to be completed in 2025.
Murray Auchincloss, bp’s CEO, said in a statement: “As I set out in February, BP’s destination from IOC [international oil company] to IEC [integrated energy company] is unchanged – and we need to deliver as a simpler, more focused, and higher-value company.
Founded in 1972, Tecnofilm has expanded its product portfolio over the years to offer a wider range of compounds and functional polymers for various industrial applications and technical articles. The company has patented several of its products.