Poised to merge with Delaware-based chemical giant DuPont Thursday, Aug. 31, The Dow Chemical Co. has announced new leadership changes.
Effective Saturday, Sept. 30, about a month after the merger, Reiner Roghmann, Dow’s vice president of operations for Europe, Middle East, Africa and India and site operations director of Dow Central Germany, will be vice president of operations for North America, North, and vice president of operations for Michigan Operations. He will take over responsibilities from Rich Wells, who has been named Dow’s vice president of operations for the U.S. Gulf Coast and vice president of operation for Texas Operations, according to a Dow news release.
The result will be a new combined company with a market capitalization of approximately $130 billion called DowDuPont.
“These leaders have a proven track record of getting results without forgetting the team effort and the people it takes to achieve them,” Peter Holicki, Dow’s senior vice president of operations, said in a statement.
“This mindset is exactly what we need to take full advantage of the huge opportunities that Dow’s Michigan and Texas Operations have in front of them.”
The Dow Chemical Co. has a new corporate center in Midland and soon will build a $100 million research and development facility at the heritage Dow Corning site. Here’s what you need to know about Dow’s ongoing investment in Midland and the Great Lakes Bay Region.
Both Rohmann and Wells have served in a variety of roles since joining Dow in 1991 and 1982, respectively.
Roghmann has a master’s degree in chemical engineering from the University of Dortmund, Germany. Wells has a bachelor’s of science degree in chemical engineering from the South Dakota School of Mines and Technology.
The $130 billion Dow-DuPont mega merger is expected to close Thursday, officials announced earlier in the month.
By Heather Jordan
CF Industries Holdings, Inc. (NYSE: CF) today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments.
The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks. This was enabled through the inclusion of a new bio-based aromatic jet fuel blending component.
Cepsa SA (Madrid) has agreed a deal with C2X, an independent firm owned by AP Moller Holding with AP Moller-Maersk as minority owner, to develop a 300,000 metric tons per year renewable methanol plant at Huelva, Spain.