Swiss seed and pesticide company Syngenta AG (STY) said Wednesday that it has appointed Erik Fyrwald as chief executive, effective June 1.
Mr. Fyrwald is currently President and CEO of Univar Inc.,, a U.S. chemical distribution company. He will succeed John Ramsay, who has been Syngenta’s interim CEO since November 2015.
“I have admired Syngenta from the outside for many years and am delighted, therefore, to have been chosen to lead the company in the next exciting phase of its journey,” Mr. Fyrwald said in a statement released by Syngenta.
In February, Syngenta agreed to be acquired by China National Chemical Corp., as ChemChina is formally known, for $43 billion in cash.
By Brian Blackstone
Source: MarketWatch
Private equity investor Cinven is acquiring MBCC Group’s admixture business from Swiss construction chemicals major Sika on the rebound. Earlier, the British Competition and Markets Authority (CMA) had turned thumbs down on plans to sell the business to Ineos, citing antitrust concerns.
Air Liquide S.A. (Paris) announced the construction of an industrial scale ammonia (NH3) cracking pilot plant in the port of Antwerp, Belgium. When transformed into ammonia, hydrogen can be easily transported over long distances.
Huhtamaki receives a gold medal from EcoVadis on its sustainability performance – for the third year running. Its score places Huhtamaki in the top 4% of over 100,000 rated companies across the globe. EcoVadis is the world’s largest and most trusted business sustainability index.
