Solvay’s Board of Directors was informed of Engie’s decision to propose Jean-Pierre Clamadieu as its Chairman following his election as Board Member at the French company’s next Shareholder meeting on May 18, 2018.
Jean-Pierre Clamadieu will remain the Chief Executive Officer of Solvay, focused on the implementation of the Group’s strategic priorities, while assuming his future non-executive position at Engie.
“The Board of Solvay and myself warmly congratulate Jean-Pierre for this nomination, which we discussed in full transparency. We are now accelerating the process to identify Jean-Pierre’s successor to pursue the successful strategy that we launched a few years ago. We appreciate Jean-Pierre’s commitment to facilitate a smooth transition,” said Nicolas Boël, Chairman of the Board of Solvay.
Both internal and external candidates will be considered during this succession process with the objective to conclude the transition by the end of the year.
Neste is announcing the conclusion of its first series of trials into processing liquefied waste plastic with chemical recycling technology at its Porvoo refinery in Finland. The oil refining company says it has processed about 800 tons of liquefied waste plastic over the last two years – roughly the same amount generated annually by a European city with 500,000 people.
Sika performed well in a challenging environment in 2021. Despite the persistent COVID-19 pandemic and bottlenecks in the procurement of raw materials, sales rose significantly to a record CHF 9.24 billion, corresponding to growth of 17.1% in local currencies.
Ineos Olefins and Polymers Europe is joining the pioneering polypropylene (PP) recycling project Nextloopp, supporting its delivery of food-grade recycled content. The chemicals company will orchestrate a pivotal two-year project that will inform the building of a demonstration plant in the UK to produce 10,000 metric tons of recycled polypropylene (rPP) annually.