RPM has announced an organizational reshuffle in which its group presidents will report directly to chairman and CEO Frank Sullivan, leading to the early retirement of COO Ronald Rice. Rice has been a part of RPM’s leadership team for over two decades, according to Sullivan.
RPM in late June announced a deal with activist investor Elliott Management (New York) under which it will undertake some governance changes.
By Vincent Valk
Source: Chemical Week
International Chemical Investors Group (ICIG) has entered exclusive negotiations with Nippon Soda and made what it said is a “firm and binding offer” to acquire the Japanese group’s offshoot Métaux Spéciaux (MSSA), a sodium metal specialist.
Aligning with the SC’s key initiatives on responsible plastic recycling, Coca‑Cola Middle East’s pilot of 100% rPET bottles marks the first time the packaging will be in circulation at a FIFA World Cup tournament and serves as Coca‑Cola’s debut in locally producing the bottles in the region.
Through the transaction, Neste is acquiring a leading UCO collection and recycling business on the US West Coast, covering the collection, logistics and storage of UCO in California, Oregon and Washington. Together with the previous acquisitions (…) the transaction continues to enhance Neste’s global raw materials sourcing platform.