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Huntsman Chairman, President, and CEO to become New Officer of American Chemistry Council

November 12/2019

MOSCOW (MRC) -- The American Chemistry Council (ACC) announced at its board of directors meeting that Huntsman Chairman, President and CEO Peter Huntsman will become the Councils newest board officer, effective January 1, 2020, said Americanchemistry.

"Innovation and sustainability remain at the forefront of a thriving U.S. chemical industry, said incoming ACC President and CEO Chris Jahn. Peter Huntsman represents one of the worlds most highly diversified chemical products companies serving a broad range of end use markets. He knows first-hand the importance of a regulatory framework that bolsters the confidence of our value chain that our members products are safe for their intended use. His leadership will help to ensure ACC continues to articulate the industrys view and commitment to a more circular economy and distinguishes the industry as a constructive partner in that evolution," he added.

"Peters insight, experience and guidance will strengthen ACCs position as the leading voice for the industry as we continue to promote the role of American chemistry in a global manufacturing future, said Chemours CEO Mark Vergnano, incoming Chairman of the Board.

Following formal approval by the board of directors, Huntsman will first assume the role of Vice Chairman of the Board and chair of the Councils Board Finance, Audit and Membership Committee. Hell serve in this capacity for one year, followed by a one year term each as Chairman of the Executive Committee and Chairman of the Board. Huntsman was first elected to ACCs board of directors in February 2017.

As MRC informed earlier, the Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), fell 0.4 percent in October on a three-month moving average (3MMA) basis following stable activity during the third quarter. On a year-over-year (Y/Y) basis, the barometer was off 0.5 percent (3MMA).

As MRC informed earlier, Russia's output of products from polymers rose in September by 5.2% year on year. However, this figure increased by 1.7% year on year in the first nine months of 2019. According to the Russian Federal State Statistics Service, September production of unreinforced and non-combined films was slightly over 107,300 tonnes, compared to 110,000 tonnes a month earlier. Output of films products grew in January-September 2019 by 9.1% year on year to 893,000 tonnes.
Author:Anna Larionova
Tags:petroleum products, benzene, kausticheskaya soda, fertilizers, petrochemistry, Huntsman, USA.
Category:General News
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