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
Source: reuters.com
3M and Dow have announced they are cutting thousands of roles from their global workforces in response to economic pressures. Dow has said it will cut 2,000 jobs across its global workforce (around 5%) in a bid to save US$1bn in 2023. The company says it will also cut costs by shutting down “select assets”, though it did not note where it would halt operations.
Sweden’s state mining firm has discovered what could be Europe’s largest rare earths deposit, and says it could help the bloc reduce its reliance on imports of minerals needed to manufacture clean technologies and meet climate targets.
Henkel and Avantium have been partners since 2019, when Henkel joined the PEFerence consortium. This consortium of partners, coordinated by Avantium, aims to establish an innovative supply chain for FDCA and PEF (polyethylene furanoate).
