Corteva, Inc. (NYSE: CTVA) today announced that Rajan Gajaria, who has served as Corteva’s Executive Vice President of Business Platforms since 2019, will retire from the company effective February 18, 2022. Mr. Gajaria’s direct reports will report to Tim Glenn, Executive Vice President, or Sam Eathington, Senior Vice President, on an interim basis.
“Rajan made enormous contributions to the formation and development of Corteva, and we will always be grateful,” said Chuck Magro, Chief Executive Officer. “Over his long career he developed respect among our customers and colleagues around the world. We look forward to building on the solid foundation he helped to establish, and we wish him all the best in his future endeavors.”
The company also announced that it will designate its existing Indianapolis, Indiana site as its global headquarters. The change will be effective immediately.
“In today’s flexible world of work, we have seen clear proof that our dedicated employees can be productive wherever they are. Designating our Indianapolis location as the Corteva headquarters brings us closer to our operations, our technology, and our customers, while optimizing our flexibility,” said Magro.
Rajan Gajaria Bio
As Executive Vice President of Business Platforms at Corteva Agriscience, Gajaria has been responsible for shaping the global business strategy, defining capital and R&D investment priorities, as well as overseeing the supply chain for Corteva Agriscience’s Crop Protection, Seeds, and Digital businesses around the world. Most recently, he served as Vice President, Crop Protection Business Platform. His career spans several decades, continents and functions as he helps build the business and advocate for modern agriculture.
By Corteva, Press Release
INEOS Styrolution, the global leader in styrenics, has today announced the official opening of a new world-scale ABS facility located in Ningbo, China, together with its joint venture partner SINOPEC. The facility has an annual nameplate capacity of 600,000 tonnes.
The merger of Röhm’s Acrylic Products business unit and SABIC’s Functional Forms business has resulted in the formation of Polyvantis. This new company will offer extruded products in the forms film, sheet, pipe and rod for markets that include building and construction, transportation and aviation, electrical and electronics, automotive and home and garden.
Abu Dhabi National Oil Co. (Adnoc) is considering plans to acquire upstream oil and gas company Wintershall DEA, an affiliate of BASF SE, according to a Bloomberg report citing people with knowledge of the matter. A deal to acquire Wintershall DEA could be worth more than €10 billion, the report said. BASF and Adnoc declined to comment on the report.