The new Senior Vice President for Performance Materials Operations in North America and Site Manager at its industrial park in Baytown, Texas, the company’s largest manufacturing facility in North America succeeds Demetri Zervoudis, who has since retired from the company after a 40-year career.
The company announced a new central hub for the group's manufacturing operations, sales, customer service, and maintenance operations for North America, Canada, and Latin America.
Covestro has decided to enter into concrete negotiations with Adnoc regarding a potential transaction and the potential conclusion of an investment agreement, as well as to allow for an adequate exchange of company information to confirm assumptions.
The new coatings use an electron beam or ultra-violet energy to convert a liquid coating into a fully cured solid finish in seconds, without any significant loss of thickness or weight.
This consolidates Archroma’s position among the top 5% of the more than 130,000 companies from 180 countries and 220 industries assessed by EcoVadis against stringent criteria covering environmental performance, ethics, labor and human rights, and sustainable procurement.
The change reflects the company's evolution, while maintaining its core identity and commitment to excellence in custom-engineered, energy-cured coating solutions.
"The pace of the global macroeconomic recovery has been slower than expected. We remain focused on working capital, reducing costs, and matching our operating rates to current demand," said Jim Fitterling, Chair and Chief Executive Officer.
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