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.
Eastman Chemical Co. (Kingsport, Tenn.) announced it has acquired Ai-Red Technology (Dalian) Co., Ltd., a manufacturer and supplier of paint protection and window film for auto and architectural markets in the Asia Pacific region.
BASF and Israeli packager StePac have joined forces to create the “next generation” of fresh produce packaging. BASF will provide StePac with greater flexibility to advance contact-sensitive packaging formats to a higher sustainability standard by supplying StePac with Ultramid Ccycled – a chemically recycled polyamide 6.
TotalEnergies’ biorefinery in La Mède, France, allows direct access to renewable feedstock for its drop-in RE:newable polymer range derived from bio-based products. The company claims these polymers retain virgin-like properties.