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Borealis introduces new Executive Vice President for Base Chemicals

September 23/2010

(Borealis) -- At todays meeting in Vienna, Austria, the Supervisory Board of Borealis, a leading provider of chemical and innovative plastics solutions, has appointed Markku Korvenranta as Executive Vice President for Base Chemicals. He succeeds Gerd Lobbert who assumes responsibility for the Polyolefins Business Group. Both changes will be effective on October 1, 2010.

 

Markku Korvenranta has over 20 years of experience with Borealis and its predecessor companies in various finance and business roles in Finland, Denmark, Belgium and Austria. In his most recent position at Borealis he was Senior Vice President Olefins & Sourcing responsible for the feedstock and olefins businesses as well as procurement. His recent previous leadership positions include Vice President Business Planning and Analysis and Vice President of the Business Unit Phenol and Aromatics. Between October 2006 and May 2007 Markku Korvenranta was acting Chief Financial Officer. He was born in Finland in 1966 and is married with three children.

 

During his time with Borealis, Markku has gained broad experience in a variety of key roles in the financial and commercial arenas, says Borealis Chief Executive Mark Garrett. With his knowledge and capability, I am convinced he will help us to successfully drive this important part of our business forward. In addition, he will continue to lead procurement providing continuity in important supplier relations and ongoing development activities.

 

Borealis' Executive in CIS Roman Romanov is going to participate in Russian Polymers Summit on October 14, 2010, organized by ICIS and MRC. For more information please refer to http://www.icisconference.com/russianpolymers/ Summit official web page.

 

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