LyondellBasell has appointed Michael McMurray executive vice president and chief financial officer (CFO), effective 5 November. He replaces Thomas Aebischer, who will retire at the end of 2019.
McMurray joins LyondellBasell following a nearly 11-year career at Owens Corning, where he served as vice president/investor relations and treasurer; vice president/finance for the building materials group; and, for the past seven years, CFO. He previously spent 21 years with Royal Dutch Shell.
“Because he has worked both upstream and downstream of LyondellBasell, he has a unique perspective on market dynamics and how we can continue to create and deliver value,” says Bob Patel, CEO of LyondellBasell.
By Clay Boswell
Source: Chemical Week
Over 110 organisations from across Europe’s plastics value chain have united to deliver an Industry Statement to officials at the European Commission’s Directorate-General for Environment (DG-ENV), calling to ‘close the gap’ between virgin and recycled plastic prices.
Nouryon (Amsterdam, the Netherlands) has opened its newest innovation center in Shanghai, China, a state-of-the-art facility designed to strengthen the company’s commitment to localized innovation, customer co-development and sustainable growth in China and across the Asia Pacific region.
Air Products (Leigh Valley, Pennsylvania) has announced the formation of a new senior management board as well as changes across its current leadership team. Chairman, president and CEO Seifi Ghasemi will lead the new 11 executive-member board.
