Borealis CEO Mark Garrett has decided to leave the company “to pursue a new career path,” the company says. The Borealis supervisory board says it “regrets but accepts this decision” and has appointed Alfred Stern to succeed Garrett as CEO, effective 2 July.
Stern is currently executive vice president/polyolefin business and innovation at Borealis. He joined the company in 2008 and earlier worked at the former DuPont. Stern jointed the Borealis board in 2012.
By Ian Young
Source: Chemweek
At the beginning of May, construction started on Greensand’s Carbon Dioxide transit terminal at Port Esbjerg in Denmark. Once operational, the terminal will be a critical component in what is expected to become the EU’s first CO₂ storage facility aimed at mitigating climate change.
Representatives for Masdar and OMV signed in Vienna a non-binding Letter of Intent (LOI) to collaborate on future opportunities in Austria, the UAE and in Central and Northern Europe. Both companies aim to explore potential avenues to develop and produce synthetic sustainable aviation fuel, other synthetic fuels and synthetic chemicals.
Finnish chemical company Kemira announces that its CFO, Petri Castrén, will leave his role by the end of the first quarter of 2026. The recruitment of a new CFO will begin immediately, and Castrén will continue in his current role until he leaves.
