French food ingredient maker Roquette has appointed Pierre Courduroux as its new chief executive officer, the company said on Wednesday.
Courduroux succeeds Jean-Marc Gilson, who will become chief executive of Mitsubishi Chemical Holdings Corp in April 2021, family-run Roquette said in a statement.
Courduroux joined Roquette in October as chief financial officer. Prior to that, he had spent nearly three decades at U.S. group Monsanto in a series of financial leadership roles and most recently senior vice president and CFO.
Roquette processes crops like maize, potatoes and peas to extract substances like starch and protein for processing into ingredients for food, nutrition and health markets.
The group has been betting in the past years on the fast growing market for plant-based proteins and has signed a three-year supply agreement with U.S. plant-based burger maker Beyond Meat.
by Sybille de La Hamaide & Jane Merriman
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?