The Supervisory Board of K+S Aktiengesellschaft today appointed Dr. Burkhard Lohr as the company’s new Chairman of the Board of Executive Directors. The 53-year-old, who currently serves as CFO of the Group, will succeed Norbert Steiner (61), who is retiring, on May 12, 2017.
”Dr. Burkhard Lohr is an excellent manager with long term experience beyond the financial area and a strong management track record. We are convinced that generational change and the success of the company will be driven forward with Dr. Burkhard Lohr at the helm of the company,” said Chairman of the Supervisory Board Dr. Ralf Bethke.
Upon the appointment of the further Members of the Board of Executive Directors (Chief Financial Officer, Business Unit Potash and Magnesium Products) the Supervisory Board will decide in due course.
The US State of New York is introducing two new bills to combat over-packaging, poor recycling rates and litter issues, including an Extended Producer Responsibility (EPR) program requiring companies such as McDonald’s and Amazon to pay for the cost of packaging disposal and recycling.
The new organization’s mission is to redesign the critical steps of the plastics sorting and recycling system for post-consumer lightweight packaging (LWP) to speed up circularity, born from a need to meet the rising market demand for high-quality recyclates for use in high-end plastic applications.
Starbucks and Hubbub have launched a £1 million (US$1.22 million) “Bring It Back Fund” to increase the uptake of reusable packaging in the F&B industry. The funding will go toward innovative ideas that make it easier for customers to use alternatives to single-use packaging by supporting pilot projects that help shift consumption habits.