Johnson Matthey PLC said Monday that Patrick Thomas will succeed Tim Stevenson as chairman effective July 26, when the latter will retire following a seven-year tenure.
Mr. Thomas has been the chief executive and chairman of polymers company Covestro AG since 2015, Johnson Matthey said.
The sustainable-technology company said Mr. Thomas will join the board as non-executive director and chairman designate on June 1.
Mr. Thomas will be appointed as chairman of the board, effective from the end of the annual general meeting on July 26, the company said.
By Dimitrios Kontos
CF Industries Holdings, Inc. (NYSE: CF) today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments.
The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks. This was enabled through the inclusion of a new bio-based aromatic jet fuel blending component.
Cepsa SA (Madrid) has agreed a deal with C2X, an independent firm owned by AP Moller Holding with AP Moller-Maersk as minority owner, to develop a 300,000 metric tons per year renewable methanol plant at Huelva, Spain.