Covestro AG said Friday that it has extended the contract of Chief Executive Officer Markus Steilemann for a further five years.
Steilemann’s contract will now run until May 31, 2028, after the German polymer manufacturer and supplier’s supervisory board decided to extend the contract ahead of schedule.
Steilemann has been on the Covestro board of management since September 2015 and has been CEO since June 2018.
By Pierre Bertrand
Source: marketwatch.com
International Chemical Investors Group (ICIG) has entered exclusive negotiations with Nippon Soda and made what it said is a “firm and binding offer” to acquire the Japanese group’s offshoot Métaux Spéciaux (MSSA), a sodium metal specialist.
Aligning with the SC’s key initiatives on responsible plastic recycling, Coca‑Cola Middle East’s pilot of 100% rPET bottles marks the first time the packaging will be in circulation at a FIFA World Cup tournament and serves as Coca‑Cola’s debut in locally producing the bottles in the region.
Through the transaction, Neste is acquiring a leading UCO collection and recycling business on the US West Coast, covering the collection, logistics and storage of UCO in California, Oregon and Washington. Together with the previous acquisitions (…) the transaction continues to enhance Neste’s global raw materials sourcing platform.
