MOSCOW (MRC) -- Arkema is expanding its executive committee to give a “broader and more diversified” representation of its business lines by adding three new members and naming executive vice president Marc Schuller as COO, said the company.
Schuller will oversee coating solutions, industrial specialties and advanced materials, and will be responsible for North America and global raw materials and energy procurement, the company said.
Thierry Le Henaff will continue to oversee the Group’s R&D, headed by Christian Collette, Arkema’s chief technical officer.
Arkema CEO Thierry Le Henaff will continue to oversee group research and development which is headed by CTO Christian Collett.
The three new members - Marie-Pierre Chevallier, Richard Jenkins and Erwoan Pezron - will join Arkema's executive committee on 4 May. They will report to Schuller and their responsibilities set out on that date.
As it was written earlier, in October 2019, Arkema (Colombes, France) announced the proposed divestment of its Functional Polyolefins business to SK Global Chemical (Seoul, South Korea), a subsidiary of SK, the major South Korean corporation. With this project, Arkema continues its shift towards specialty chemicals and advanced materials.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,093,260 tonnes in 2019, up by 6% year on year. Shipments of all PE grades increased. PE shipments rose from both domestic producers and foreign suppliers. The estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).
MRC