Sector News

Synthomer Appoints Calum MacLean To Succeed Adrian Whitfield As CEO

November 18, 2014
Chemical Value Chain
(RTTNews) – Shares of Synthomer Plc (SYNT.L) gained around 3 percent in London trading after the Specialty chemical company announced Tuesday that it has appointed Calum MacLean as Group Chief Executive.
 
He will join the Synthomer Board in early January 2015 and succeed Adrian Whitfield who announced in July that he would stand down after eight years as Chief Executive. Adrian will stay on to help with a handover process.
 
MacLean joins from INEOS Group, where he is a senior Board executive and was a founder member of the business in 1998. He is currently Executive Chairman of INEOS Olefins and Polymers Europe. MacLean is also Chairman of Styrolution, INEOS’s joint venture with BASF, and Petroineos Refining, INEOS’s joint venture with PetroChina.
 
Previously, he spent 6 years at International Speciality Chemicals or Inspec, which was originally formed through a management buyout of BP Chemicals. MacLean said, “Having spent nearly seventeen years at the heart of one of the UK’s most successful chemical companies, I am enormously excited about a fresh challenge as Synthomer’s new Chief Executive. The business offers exciting opportunities for future growth and I look forward to working with the team and taking the business forward.” In London, Synthomer shares were gaining 6.20 pence or 3.08 percent, and trading at 207.20 pence.

comments closed

Related News

January 29, 2023

Dow and 3M cut thousands of jobs

Chemical Value Chain

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.

January 29, 2023

Sweden discovers Europe’s largest rare earths deposit

Chemical Value Chain

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.

January 29, 2023

Avantium to supply Henkel with plant-based FDCA

Chemical Value Chain

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).

How can we help you?

We're easy to reach