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 investment enables the steam cracker to increase the share of renewable and recycled raw materials used in its (ethylene and propylene) production. The move supports the Borealis Strategy 2030 for a circular economy. The Porvoo investment program is expected to be completed in 2025.
Murray Auchincloss, bp’s CEO, said in a statement: “As I set out in February, BP’s destination from IOC [international oil company] to IEC [integrated energy company] is unchanged – and we need to deliver as a simpler, more focused, and higher-value company.
Founded in 1972, Tecnofilm has expanded its product portfolio over the years to offer a wider range of compounds and functional polymers for various industrial applications and technical articles. The company has patented several of its products.