The Dow Chemical Company today announced the appointment of James (Jim) R. Fitterling to the position of President and Chief Operating Officer. In his new role, Fitterling will continue to report to Dow Chairman and Chief Executive Officer Andrew N. Liveris.
Fitterling, who has worked with Dow for 32 years, previously held the position of Vice Chairman and Chief Operating Officer. In his new role, he will continue to have executive accountability for all of Dow’s businesses excluding Dow AgroSciences.
Mr. Fitterling will also play a central role in helping drive the successful completion of the proposed DowDuPont merger and subsequent establishment of its three independent public companies.
Announcing the appointment, Mr. Liveris said: “Jim has been a tremendous leader for Dow for more than three decades and has spent his entire career at our great company. He is performing a critical role for our team in the work that is already well underway on the completion of the DowDuPont merger and the subsequent establishment of the three previously announced independent public companies that will be created at the end of the process. His appointment to the position of President is well deserved and a reflection of his abilities and commitment to our company. In Jim and our Chief Financial Officer Howard Ungerleider, I am pleased to have two outstanding leaders as part of the senior leadership team at Dow leading this historic transformation of our company and our industry. I look forward to working closely with both of them to bring that transformation to completion.”
France has launched an offshore green hydrogen production platform at the country’s Port of Saint-Nazaire this week, along with its first offshore wind farm. The hydrogen plant, which its operators say is the world’s first facility of its type, coincides with the launch of another “first of its kind” facility in Sweden dedicated to storing hydrogen in an underground lined rock cavern (LRC).
The project sets up the Hydrogen Valley in Rome, the first industrial-scale technological hub for the development of the national supply chain for the production, transport, storage and use of hydrogen for the decarbonization of industrial processes and for sustainable mobility.
At first glance, hydrogen seems to be the perfect solution to our energy needs. It doesn’t produce any carbon dioxide when used. It can store energy for long periods of time. It doesn’t leave behind hazardous waste materials, like nuclear does. And it doesn’t require large swathes of land to be flooded, like hydroelectricity. Seems too good to be true. So…what’s the catch?