The shareholders of PJSC SIBUR Holding elected members to the Board of Directors at the extraordinary general meeting to include a representative of Chinese Sinopec Group, the new shareholder of SIBUR.
The Company’s Board of Directors now includes:
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), was not re-elected to the Board of Directors because of his application to resign from the Board of Directors of PJSC SIBUR Holding submitted on 9 December 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).