Gurit (Zurich, Switzerland) says it has appointed Mitja Schulz as CEO and member of the executive committee. The advanced composite materials producer has been in the process of recruiting the successor to its current CEO, Rudolf Hadorn, since April, it says.
The exact date when Schulz will take up his position at Gurit will be announced at a later stage, the company says.
Schulz was senior vice president and CEO of ZF Wind Power Antwerpen NV, part of ZF Friedrichshafen (Friedrichshafen, Germany) prior to joining Gurit, it says. He had previously held “a number of senior management positions within ZF Friedrichshafen and Porsche where he successfully executed major business transformation and growth programs,” it adds.
By: Sotirios Frantzanas
Source: Chemical Week
BASF will build a commercial scale battery recycling black mass plant in Schwarzheide, Germany. This investment strengthens BASF’s cathode active materials (CAM) production and recycling hub in Schwarzheide. The site is an ideal location for the build-up of battery recycling activities given the presence of many EV car manufacturers and cell producers in Central Europe.
Clariant says it is reducing its number of businesses from five to three, by merging units, under a reorganization that is in line with the company’s purpose-led strategy and cultural transformation. The moves will position Clariant for long-term sustainable growth, the company says.
Chemicals & plastics industry has the most diversified end-use market across all manufacturing industries. The industry returned to growth in 2021 but a supply chain crunch prevented it from becoming stronger. The market is likely to stabilize in the second half of 2022 with a supply-demand balance.
