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
The US State of New York is introducing two new bills to combat over-packaging, poor recycling rates and litter issues, including an Extended Producer Responsibility (EPR) program requiring companies such as McDonald’s and Amazon to pay for the cost of packaging disposal and recycling.
The new organization’s mission is to redesign the critical steps of the plastics sorting and recycling system for post-consumer lightweight packaging (LWP) to speed up circularity, born from a need to meet the rising market demand for high-quality recyclates for use in high-end plastic applications.
Starbucks and Hubbub have launched a £1 million (US$1.22 million) “Bring It Back Fund” to increase the uptake of reusable packaging in the F&B industry. The funding will go toward innovative ideas that make it easier for customers to use alternatives to single-use packaging by supporting pilot projects that help shift consumption habits.
