Silicones maker Gelest has named Doug Wulffleff v.p./mergers and acquisitions. Wullfleff will be responsible for identifying business opportunities and developing M&A strategies for Gelest.
He was most recent v.p./strategy and corporate development at VWR International, a lab chemicals maker that was acquired by Avantor last year. He had also served in M&A-related roles for a variety of other companies.
In November, Gelest named Ken Gayer, a former Honeywell executive, as its new CEO. Gayer replaced Gelest founder Barry Arkles.
By Vincent Valk
Source: Chemical Week
Neste is announcing the conclusion of its first series of trials into processing liquefied waste plastic with chemical recycling technology at its Porvoo refinery in Finland. The oil refining company says it has processed about 800 tons of liquefied waste plastic over the last two years – roughly the same amount generated annually by a European city with 500,000 people.
Sika performed well in a challenging environment in 2021. Despite the persistent COVID-19 pandemic and bottlenecks in the procurement of raw materials, sales rose significantly to a record CHF 9.24 billion, corresponding to growth of 17.1% in local currencies.
Ineos Olefins and Polymers Europe is joining the pioneering polypropylene (PP) recycling project Nextloopp, supporting its delivery of food-grade recycled content. The chemicals company will orchestrate a pivotal two-year project that will inform the building of a demonstration plant in the UK to produce 10,000 metric tons of recycled polypropylene (rPP) annually.