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

Related News

September 18, 2020

British company Hydrachem launches Cert. – a household cleaner that destroys COVID-19 in just 60 seconds

Chemical Value Chain

A British company is today launching a household cleaner which destroys the SARS-CoV-2 virus – which causes COVID-19 – in just 60 seconds. Cert. is manufactured by Hydrachem, which has […]

September 18, 2020

European Commission raises EU’s GHG emissions reduction target to at least 55% by 2030

Chemical Value Chain

The European Commission presented today its 2030 climate target plan, in which it sets out a program to reduce EU greenhouse gas (GHG) emissions by at least 55% by 2030, […]

September 16, 2020

Dow to sell trio of US Gulf Coast tank terminals to Vopak JV for $620 million

Chemical Value Chain

Dow has agreed to sell three of its chemical storage terminals on the US Gulf Coast for $620 million to a joint venture (JV) between Vopak (Rotterdam, Netherlands) and investment […]