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Hexpol appoints president, CEO

October 27/2020

MOSCOW (MRC) -- Hexpol (Malmo, Sweden), a polymer compounder, says that its board has appointed Georg Brunstam president and CEO, effective 20 Novembe, said Chemweek.

Brunstam is currently chairman of Hexpolís board and was Hexpolís president and CEO during 2007-17, the company says.

The companyís board has also decided to appoint Peter Rosen, currently CFO and interim CEO, to deputy CEO for Hexpol. Meanwhile, Alf Goransson, who has been on the board of Hexpol since 2007, has been proposed as chairman by the nomination committee, Hexpol says.

As MRC informed earlier, Hexpol TPE, which has UK operations in Manchester, has launched a new range of materials intended for cable sheathing applications in such sectors are telecommunications and electricity delivery.

We remind that Russia's output of chemical products rose in September 2020 by 6.7% year on year. At the same time, production of basic chemicals increased by 6.1% year on year in the first nine months of 2020, according to Rosstat's data. According to the Federal State Statistics Service of the Russian Federation, polymers in primary form accounted for the greatest increase in the January-September output. Last month's production of primary polymers decreased to 852,000 tonnes from 888,000 tonnes in August due to shutdowns in Tomsk, Ufa and Kazan. Overall output of polymers in primary form totalled 7,480,000 tonnes over the stated period, up by 16.4%  year on year.

Hexpol is a world-leading polymers group with strong global market positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gaskets) and wheels made of plastic and rubber materials for forklifts and castor wheel applications (Wheels).
Author:Anna Larionova
Tags:compounds, rigid compound, cable, cable extrusion, cable compounds, compounding.
Category:General News
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