The intention is to elect Noteboom as Chair of AkzoNobel’s supervisory board as of May 25, 2023, when he will resign as member of the supervisory board of Aegon N.V.
Sanjeev Rastogi has been appointed and will serve as a member of the Executive Leadership Team, reporting directly to the company’s Chief Executive Officer (CEO), Marc Doyle.
The award celebrates Covestro’s Roadmap for Turning Hazardous Waste into New Products process designed for reuse of hazardous waste instead of disposal, supporting circularity.
AkzoNobel CEO, Greg Poux-Guillaume, commented, “In the first quarter of 2023, our key markets proved to be resilient despite unfavorable macroeconomic conditions.”
Patrick Cummings was promoted to Senior Vice President and Chief Financial Officer, effective immediately and will report directly to President Randy Breaux.
Reporting to the Senior Vice President, Operations, the VP, Procurement and CPO will be responsible for leading the company’s global procurement team, processes, and strategy.
The global paint and coatings market is projected to grow at a CAGR of 7.73%, between 2023 and 2030. The report is broken down by product, resin type, and end user, and shows the cumulative impact of high inflation.
The cogeneration system, which includes a steam turbine generator, uses the waste steam from the carbon black plant’s production process and converts it to electricity. The energy can be used to power the facility as well as be exported to the local grid.