On October 1, 2015, Dr. Klaus Welsch (52) will take over as President, Engineering & Maintenance, BASF SE. He succeeds Dr. Volker Knabe (59), who will retire effective September 30, 2015.
Dr. Albert Heuser (60), President, Greater China & Functions Asia Pacific, BASF (China) Co. Ltd., Shanghai, will retire effective December 31, 2015. Dr. Stephan Kothrade (48), President of BASF-YPC and Managing Director of Nanjing Verbund Site, BASF-YPC Company Ltd., Nanjing, will succeed Heuser as President effective January 1, 2016.
Dr. Friedrich Seitz (60), President, European Site & Verbund Management, Ludwigshafen, will retire effective December 31, 2015. Dr. Uwe Liebelt (49), President, Project BASF 4.0, Ludwigshafen, will succeed Seitz effective January 1, 2016.
Dr. Ulrich von Deessen (59), President, Environment, Health & Safety, Ludwigshafen, will retire effective February 29, 2016. Dr. Beate Ehle (52), who was President, Market & Business Development North America, BASF Corporation, Florham Park, New Jersey, until April 2015, will succeed von Deessen effective March 1, 2016.
Dr. Wolfgang Hapke (59), President, Human Resources, Ludwigshafen, will retire effective February 29, 2016. Dr. André Becker (46), President, Regional Functions North America, BASF Corporation, Florham Park, New Jersey, will succeed Hapke effective March 1, 2016.
Manfredo Rübens (52), President, Finance, Ludwigshafen, will succeed Becker effective January 1, 2016. Marc Ehrhardt (47), Senior Vice President, Mobile Emissions Catalysts, BASF Corporation, Iselin, New Jersey, will, as President, succeed Rübens effective December 1, 2015.
3M and Dow have announced they are cutting thousands of roles from their global workforces in response to economic pressures. Dow has said it will cut 2,000 jobs across its global workforce (around 5%) in a bid to save US$1bn in 2023. The company says it will also cut costs by shutting down “select assets”, though it did not note where it would halt operations.
Sweden’s state mining firm has discovered what could be Europe’s largest rare earths deposit, and says it could help the bloc reduce its reliance on imports of minerals needed to manufacture clean technologies and meet climate targets.
Henkel and Avantium have been partners since 2019, when Henkel joined the PEFerence consortium. This consortium of partners, coordinated by Avantium, aims to establish an innovative supply chain for FDCA and PEF (polyethylene furanoate).