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PEOPLE/EXECUTIVES

Ube announces business plan, will invest $1.37 billion over the next 3 years

7:57 AM MDT | May 17, 2013 | Deepti Ramesh

Ube Industries has unveiled a new medium-term management plan for the next three years. Ube is targeting operating profits of ¥55 billion ($540 million) in the fiscal year ending 31 March 2016 compared with operating profits of ¥29.9 billion in the...


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Private equity firm Advent appoints Solvay executive as operating partner in China

Private equity firm Advent International has made a first appointment to its operating partner program in China, the company has announced. Advent appointed Michael Ming-Yue Zhu, country general manager of Solvay China to the program. Zhu will advise Advent...

Chemical Heritage Foundation names new CEO

The Chemical Heritage Foundation (CHF) has named Carsten Reinhardt president and CEO, effective 1 August. Reinhardt, a professor of the history of science at Bielefeld University in Germany, will succeed Thomas Tritton who is retiring....

Eastman Chemical names Mark Costa as next CEO

Eastman Chemical has named executive v.p. Mark Costa as CEO effective 1 January 2014. Current chairman and CEO James Rogers will continue to serve as CEO until that dare and then will serve as executive chairman of the board....

Ferro reschedules annual meeting

Ferro has announced that it will reschedule its annual meeting to 22 May. The meeting was previously scheduled to occur on 15 May. Earlier this week, Ferro reached an agreement with a group of dissident shareholders regarding the composition of the company's...

Ferro, shareholder group reach agreement on board nominees

Ferro has reached an agreement with FrontFour Capital and Quinpario Partners over nominees to Ferro’s board by support for election two out of three of the shareholder group's board nominees. The agreement comes after months of sparring between...

Dow researcher wins Society of Chemical Industry medal

The Society of Chemical Industry (SCI) is awarding the 10th annual Gordon E. Moore Medal to Jerzy Klosin—a research fellow at Dow Chemical—at a luncheon to be held on 17 September. SCI says Klosin is being recognized for his contributions to the...

Univar appoints new president of Brazil operations

Distributor Univar says it has appointed Marco Antonio Quirino as its new president of Univar Brazil. Quirino will manage the company’s Brazil business and operations and will report directly to Erik Fyrwald, Univar’s president and CEO. Quirino...

Proxy advisory firm endorses Ferro director slate

Glass Lewis (San Francisco), a corporate governance research and proxy advisory firm, has endorsed Ferro’s three board nominees—Richard Brown, Gregory Hyland, and Ronald Vargo—at the company’s shareholder meeting to be held on 15 May...

SI Group names BASF exec CEO

SI Group (Schenectady, NY), a resins and phenols maker, has named Frank Bozich president and CEO, replacing the retiring Stephen Large. Bozich was most recently president/catalysts at BASF, and had also held leadership roles in BASF’s precious metals...

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