Sector News

Industry veteran takes over at Braskem America

May 12, 2016
Chemical Value Chain

Mark Nikolich has stepped into the role of chief executive of Braskem America in light of Fernando Musa’s promotion to become the group’s chief executive this week.

Nikolich, who joined Braskem six years ago, will be responsible for leading the company’s polypropylene and ultra-high molecular weight polyethylene business units, including growth projects in the US.

“Braskem is committed to growing its business in North America,” he said. “My priority is to lead this growth for the organisation.”

Nikolich started his career in polypropylene sales for Himont in 1988. Previous employers have included Basell, Epsilon, and Sunoco, and he has worked in the polyolefins and olefins industries for more than 25 years. In 2010, he transitioned to Braskem after the acquisition of Sunoco Chemicals where he held various senior leadership positions in polymers, phenol and refining chemicals. Nikolich established and led Braskem’s operations in Europe for three years after the acquisition of Dow’s polypropylene business in 2011. He and his family returned to the US in 2014 where he accepted the position to lead Braskem’s polypropylene business unit in the US.

Speaking to Plastics in Packaging at K’2013 in Germany when he was running the European business, Nikolich said: “Braskem is a growth machine and since 2002 we have been growing through acquisition and organic growth every year. We’re obviously very large in South America but broadening our reach is very critical.”

By Steven Pacitti

Source: Plastics in Packaging

comments closed

Related News

December 3, 2022

Corteva to acquire Stoller Group for $1.2 billion

Chemical Value Chain

Corteva (Indianapolis, Indiana) says it has signed a definitive agreement to acquire Stoller Group (Houston, Texas), a producer of biostimulants and plant nutrition products, for $1.2 billion. Stoller is one of the largest independent biologicals companies globally, with operations in more than 60 countries and more than $400 million in annual sales.

December 3, 2022

OMV introduces new corporate structure to drive sustainable growth and innovation

Chemical Value Chain

OMV has announced its new corporate structure today, designed to fully enable the delivery of Strategy 2030. The new organization will be built on five distinct areas. In addition to the CEO and CFO areas, three business segments will be established: Chemicals & Materials, Fuels & Feedstock, and Energy.

December 3, 2022

What does the current downturn in industrial manufacturing mean for executives searching for a senior role in the chemicals industry?

Chemical Value Chain

The European petchem sector is readying for some tough quarters. It’s a different picture in the US. So is this the best time ever to find a new role in the chemical industry? If you are in Europe, you would expect me to say probably not. But actually, it depends. So let me give you four answers to this question.