ICL has announced that its Board of Directors appointed Mr. Asher Grinbaum as Interim CEO of the company, effective immediately. Mr. Grinbaum’s appointment follows the resignation of Mr. Stefan Borgas as CEO and member of ICL’s Board of Directors.
Until recently, Mr. Grinbaum served as Executive Vice President and as the Chief Operating Officer (COO) of the company. Mr. Grinbaum will act as Interim CEO until a permanent CEO is appointed.
Mr. Grinbaum, a resident of Israel’s Negev region, has worked at ICL for over 40 years, during which time he has held a number of senior management positions.
Mr. Grinbaum began his employment as an engineer at ICL’s Bromine Compounds unit, and since then he has held a variety of management positions, including CEO of ICL Fertilizers from 2004 to 2007, and, prior thereto, CEO of ICL Industrial Products.
Mr. Grinbaum holds a BA in mechanical engineering and an MBA from Ben Gurion University.
Source: ICL
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.
