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Wacker names next CEO

December 10/2020

MOSCOW (MRC) -- At its meeting on 9 December, the Supervisory Board of Wacker Chemie AG made key personnel decisions to ensure long-term continuity in the management of the company. Wacker Chemie says it has appointed Christian Hartel CEO, effective 12 May 2021. Hartel, a member of the companys board since 2015, will replace Rudolf Staudigl, the current president and CEO, who will retire on the same date, as per Wacker's press release.

Wacker Chemie AG is extremely well placed and has promising growth potential. Under my leadership, the company will continue on its successful strategic path, Hartel says.

Angela Worl will take up Hartels position as personnel director on Wackers board, the company says. Worl is currently head of the companys human resources corporate department, and her board contract is set to run for three years, Wacker says.

As MRC reported earlier, Wacker Chemie operates a 90 ktpa EVA compounding plant at the Ulsan site, consisting of two lines. The second line with a capacity of 40 thousand tons of products per year was launched in 2013.

According to MRC's DataScope, September EVA imports to Russia fell by 30,32% year on year to 2,38 tonnes from 3,420 tonnes a year earlier, and overall imports of this grade of ethylene copolymer into the Russian Federation dropped in January-September 2020 by 9,85% year on year to 26,340 tonnes (29,220 tonnes a year earlier).

Wacker Chemie manufactures and markets EVA dispersions under the VINNAPAS brand name. VINNAPAS polymer dispersions are used in a wide range of industries: for the production of complex thermal insulation systems, building and tile adhesives, plaster, building mixtures and mortars, cement sealing slurries and nonwovens.
Author:Margaret Volkova
Tags:EVA, copolymer, ethylene, petrochemistry, Wacker, Germany, Russia, South Korea.
Category:General News
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