Sector News

Mitsubishi Chemical Holdings names next CEO

December 29, 2014
Chemical Value Chain
Mitsubishi Chemical Holdings has named Hitoshi Ochi as president and CEO, effective 1 April 2015. Mitsubishi Chemical Holdings is the parent of Mitsubishi Chemical. Ochi is currently a member of the Mitsubishi Chemical Holdings board and president and CEO of the subsidiary Mitsubishi Rayon. Ochi will succeed Yoshimitsu Kobayashi who will become chairman of Mitsubishi Chemical Holdings. 
 
Ochi, following a Masters degree in chemical engineering from Kyoto University, joined Mitsubishi Chemical in 1977 and has held various senior leadership positions in the group. Ochi was appointed president and CEO of Mitsubishi Rayon in April 2012, and prior to that, he was chief operating officer of the performance products division and the carbon division at Mitsubishi Chemical.
 
The company also announced that Hiroaki Ishizuka, president and CEO of Mitsubishi Chemical, and Takumi Ubagai, president and CEO of Mitsubishi Plastics, will continue in those roles and they will also serve as vice chairman of Mitsubishi Chemical Holdings, starting June 2015.
 
By Deepti Ramesh
 

comments closed

Related News

May 21, 2022

Sika opens new manufacturing plant in Bolivia 

Chemical Value Chain

Sika AG (Baar, Switzerland) has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia. With this new facility in one of the country’s main industrial agglomerations, Sika is positioning itself for continued growth in the dynamic Bolivian construction market.

May 21, 2022

Chevron increases renewable fuel market share with REG acquisition

Chemical Value Chain

Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) announced on Monday a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.

May 21, 2022

Lotte Chemical to invest $8 bn on hydrogen energy, battery materials by 2030

Chemical Value Chain

Lotte Chemical Corp. will invest 10 trillion won ($8 billion) on hydrogen and battery materials through 2030 to achieve annual revenue of 50 trillion won and carbon neutrality. The Korean chemical producer on Thursday unveiled its new corporate vision outlining key corporate strategies with focus on growth through hydrogen energy and battery materials businesses.