The Saltigo subsidiary of Germany-based specialty chemical maker Lanxess will have a new CEO by this summer.
Michael Zobel, currently the head of Lanxess’ high performance materials (HPM) business unit, will take over the management of Saltigo from Torsten Derr on June 1.
Saltigo is part of Lanxess’ advanced intermediates segment. The company, which is headquartered in Leverkusen, Germany and has production facilities in Leverkusen and Dormagen, Germany, employs around 1,200 staff internationally.
Derr, who has headed Saltigo since April 2016 and previously held various positions at Bayer and Lanxess since 1998, will be taking up the position of chairman of the board of management of SGL Carbon SE.
Prior to leading Lanxess’ HPM business, Zobel held various positions at Bayer and at Lanxess.
The name of Zobel’s successor as head of the HPM business unit will be announced at a later date.
Source: Canadian Plastics
PepsiCo Europe and crop nutrition company Yara have announced a long-term partnership aimed at providing European farmers with low-carbon crop nutrition solutions to help decarbonise the food value chain. Under the agreement, Yara will supply PepsiCo with up to 165,000 tons of fertiliser per year by 2030, covering around 25% of the food and beverage giant’s crop fertiliser needs across Europe.
BASF has signed an agreement to sell its flocculants business for mining applications to Solenis, a specialty chemicals manufacturer. The divestment of the flocculants business to Solenis is part of BASF’s ongoing portfolio optimisation with the aim of focusing on strategic core areas.
ADAMA Ltd. a leading crop protection company, announced that its board of directors has appointed Gaël Hili as its President and Chief Executive Officer, effective October 1, 2024. Hili will join the Syngenta Group Leadership Team and will be based in Tel Aviv.
