The Columbus company formerly known as Momentive Specialty Chemicals Inc. has appointed George Knight to replace CFO William Carter, effective Jan. 1.
Carter will leave after 20 years leading Hexion’s finance team. Knight has been senior vice president of finance and treasurer for Hexion since 2005, and spent time before at various Borden companies before they merged to become Hexion a decade ago. He also spent time at Duracell International Inc. and Deloitte & Touche.
Mark Bidstrup, CFO of Hexion’s epoxy, phenolics and coatings resins division since 2009, will become the new treasurer.
Hexion is the third-biggest private company in Central Ohio, recording $5.1 billion in revenue last year.
By Tom Knox
Source: Columbus Business First
Neste announced that the EU Innovation Fund has given a positive grant decision of €88-million funding to Neste’s green hydrogen and CO2 capture & storage project, which aims to quickly and efficiently reduce greenhouse gas emissions at the Porvoo refinery in Finland.
Shell has been incorporated in the UK with Dutch tax residence and dual share structure since 2005. Under its new proposal, which shareholders will vote on in December, it will move its tax residence from the Netherlands to the UK, adopt a single share structure that will increase the amount of cash it can return to shareholders, and drop “Royal Dutch” from its name and simply be called Shell.
How are chemical elements produced in our Universe? Where do heavy elements like gold and uranium come from? Using computer simulations, a research team from the GSI Helmholtzzentrum für Schwerionenforschung in Darmstadt, shows that the synthesis of heavy elements is typical for certain black holes with orbiting matter accumulations.
