Jason Crawford has been appointed, and Philip Schlom, exiting CFO, will remain with the company in a consulting role to ensure the smooth transition of all his job responsibilities.
The expanded relationship with Eastman will provide customers in Mexico with access to versatile plasticizers used in a variety of applications to improve performance, sustainability, and functionality.
The investment in BioBTX is part of Covestro's venture capital program, in which the company invests in young start-ups and scale-ups with innovative products, solutions or business models, and thus promotes entrepreneurial activities in and alongside its core business.
Jay Brownrigg will succeed Charlie Malingowski as the final step of a multi-year phased transition of management and ownership from fourth to fifth generation.
These certifications support the progressive introduction of a complete range of bio-attributed specialty resins and additives for lower-VOC- and lower-carbon-intensive technologies including high-solid, waterborne, UV/LED, and polyester powders.
The company announces its partnership in the EPA's Green Power Partnership (GPP). AkzoNobel has achieved EPA GPP recognition for using 69 million kilowatt-hours of green power annually at its manufacturing sites in the United States.
The newly acquired facility, located in Valencia, California, will serve as a hub for the company's expanded operations, providing ample space for research and development, manufacturing, and administrative functions.
Under the plan, DuPont would execute the proposed separations of its Electronics and Water businesses in a tax-free manner to its shareholders, with New DuPont continuing as a premier diversified industrial company following completion of the separations.
The company plans to transfer the production to other locations in the region. The intention is the first part of a multi-year industrial efficiency plan to be fully finalized by the end of 2026.
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