Enzymes maker Novozymes said on Wednesday it had appointed Ester Baiget from Dow as the firm looks to boost its sales growth on the back of several profit warnings.
Baiget is currently business president of Dow’s Industrial Solutions business unit and will take over the reins at the Danish firm from February 2020.
Novozymes, which has repeatedly cut it 2019 sales outlook, said earlier this month that current CEO Peder Holk Nielsen would step down as it was time to “bring in new leadership”.
By Andreas Mortensen
Source: Reuters
The future CEO of thyssenkrupp Uhde, Nadja Håkansson, has held various management positions at Siemens and Siemens Energy and looks back on over 18 years of national and international experience in the areas of supply chain management, operations, sales and corporate management.
Neste and South Korean company Lotte Chemical have partnered on a project to elevate the sustainability profile of chemicals and plastics. The partnership’s ambition is to replace fossil resources with renewable raw materials that offer a lower carbon footprint.
At least the confidence in the chemical sector has been seeing an upward trend and the trade balance is recovering as destocking seems to be coming to an end. Citing projections from the European Central Bank, CEFIC states that the level of inflation is expected to fall from 5.4% in 2023 to 2.3% in 2024.
