Sector News

Dow Chemical CEO Robert Hansen to retire

May 17, 2016
Chemical Value Chain

Dow Chemical Co. and Dow Corning Corp. Monday announced the retirement plan of Robert Hansen as chairman, chief executive officer and president upon the completion of Dow’s ownership restructure transaction with Corning, Inc.

Hansen will ensure a smooth ownership transition for the Dow Corning Silicones business. The deal is expected to close in the second quarter of 2016. Hansen has been with the company since 1982 and was named president in 2010, chief executive officer in 2011 and was elected chairman in 2013.

Dow has named Howard Ungerleider, vice chairman and chief financial officer of Dow as chairman of Dow Corning, and Mauro Gregorio, currently vice president leading the Dow Corning integration, as chief executive officer of Dow Corning.

Until the close of the transaction, Hansen, Ungerleider and Gregorio will maintain their current roles and responsibilities.

Source: RTT News

comments closed

Related News

March 25, 2023

Cinven to buy MBCC admixture assets from Sika

Chemical Value Chain

Private equity investor Cinven is acquiring MBCC Group’s admixture business from Swiss construction chemicals major Sika on the rebound. Earlier, the British Competition and Markets Authority (CMA) had turned thumbs down on plans to sell the business to Ineos, citing antitrust concerns.

March 25, 2023

Air Liquide constructing ammonia-cracking pilot plant in Antwerp

Chemical Value Chain

Air Liquide S.A. (Paris) announced the construction of an industrial scale ammonia (NH3) cracking pilot plant in the port of Antwerp, Belgium. When transformed into ammonia, hydrogen can be easily transported over long distances.

March 25, 2023

EcoVadis grants Huhtamaki Gold Medal third year in a row

Chemical Value Chain

Huhtamaki receives a gold medal from EcoVadis on its sustainability performance – for the third year running. Its score places Huhtamaki in the top 4% of over 100,000 rated companies across the globe. EcoVadis is the world’s largest and most trusted business sustainability index.

How can we help you?

We're easy to reach