On that date, Ilham Kadri will officially succeed Jean-Pierre Clamadieu, who will then relinquish his executive duties and his mandate as director of Solvay. Ilham Kadri will join Solvay on January 1, 2019 and spend two months transitioning with Jean-Pierre Clamadieu, before taking the leadership role and continuing Solvay’s transformation strategy. Ilham Kadri is CEO and President of U.S. hygiene technology and services company Diversey and has led, since 2013, its turnaround, carve-out and divestment to a private equity fund. She brings to Solvay her vast international experience having worked for top multinationals like Shell-Basell, UCB-Cytec, Huntsman and Dow Chemical across the United States, Europe, the Middle East and in Asia.
“Solvay’s Board of Directors unanimously approved the selection of Ilham Kadri as head of the Solvay Group. Her knowledge of our strategic markets, strongly customer-focused mindset and her capacities to build a galvanizing vision make her the leader that the Group needs to accelerate its cultural transformation and unleash its growth potential. She can count on a solid and experienced Solvay management team to fulfill this mission,” said Nicolas Boël, Chairman of the Board of Directors of Solvay.
“I wish to thank the Board of Directors for its confidence in me. I’m looking forward to join the Group whose passion for science, its values and transformation echo my own personal and professional journey. Early next year, I will work alongside Solvay’s teams to accelerate value creation based on innovation, collaboration, a customer centric culture and a clear sense of purpose. These fundamentals will guide my actions at Solvay,” said Ilham Kadri.
A holder of Moroccan and French nationalities, Ilham Kadri has an engineering degree from the European School of Chemistry, Polymers and Materials Science in Strasbourg, France, and a PhD in macromolecular physico-chemistry from Louis Pasteur University in Strasbourg.
By: Globe Newswire
Source: Nasdaq
BASF has signed an agreement to sell its extruded polystyrene (XPS) Styrodur business to Karl Bachl Kunststoffverarbeitung, a fellow German company, as part of its strategy to focus on expandable polystyrene (EPS).
The approximately 50 employees involved in production, marketing, and sales will remain with BASF.
Barentz, a player in the speciality ingredients sector, has appointed Derk Jan Terhorst as group chief executive officer, effective immediately. Terhorst succeeds Terry Hill, who served as Interim CEO since May 2024. With over three years of experience at Barentz as Group CFO, Terhorst brings a robust background in financial management and strategic oversight.
Former Dow president and CEO Paul Oreffice died on Dec. 26 at his home in Paradise Valley, Arizona. He was 97. During Oreffice’s tenure at Dow, he is often credited with transforming the company from an American-focused industrial power into a global leader in chemicals and plastics.
