Celanese has named Shell executive vice president Lori Ryerkerk as president and CEO, effective 1 May.
Mark Rohr, who has been Celanese chairman and CEO since April 2012, has been named executive chairman, effective 1 May. Rohr “will remain focused on guiding the strategic options to unlock value for Celanese stockholders and overseeing the achievement of the company’s 2020 growth strategy, while working closely with Ryerkerk to ensure a seamless transition,” Celanese says.
Ryerkerk most recently served as executive vice president, global manufacturing for Shell from October 2013 through September 2018, where she was responsible for all Shell refining and chemical assets globally.
“Lori’s extensive experience in leading global operations and managing some of the most complex technologies, engineering and supply chain systems in the world complement the opportunities before us to advance our rapid growth and continue our global expansion,” Rohr says. “Beyond this, Lori is a skilled international leader who is passionate about developing talent in a high-performing inclusive culture.”
By Robert Westervelt
Source: Chemical Week
3M and Dow have announced they are cutting thousands of roles from their global workforces in response to economic pressures. Dow has said it will cut 2,000 jobs across its global workforce (around 5%) in a bid to save US$1bn in 2023. The company says it will also cut costs by shutting down “select assets”, though it did not note where it would halt operations.
Sweden’s state mining firm has discovered what could be Europe’s largest rare earths deposit, and says it could help the bloc reduce its reliance on imports of minerals needed to manufacture clean technologies and meet climate targets.
Henkel and Avantium have been partners since 2019, when Henkel joined the PEFerence consortium. This consortium of partners, coordinated by Avantium, aims to establish an innovative supply chain for FDCA and PEF (polyethylene furanoate).