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Total appoints new CEO of its chemical subsidiary Hutchinson

April 07/2021

MOSCOW (MRC) -- Total, the world's petrochemical major, has appointed Helene Moreau-Leroy as chairman and CEO of its chemical subsidiary - Hutchinson, as per the company's press release.

She succeeds Jacques Maigne as head of the subsidiary which specialises in sealing systems, fluid transfer systems, vibration, acoustic and thermal insulation, and transmission and mobility systems.

Moreau-Leroy served as deputy CEO of Hutchinson for 6 months after moving from aerospace technology company Safran, which she joined in 2003. She was appointed CEO of Safran Transmission Systems in 2013. As part of Safrans executive committee she oversaw the integration of Zodiac Aerospace following Safrans acquisition of the firm in 2018.

Moreau-Leroy has been lead director of the board of directors for French chemicals producer Arkema since 2015, and is a Knight of the French National Order of the Legion of Honour.

As MRC informed earlier, Total's Grandpuits refinery in north-central France will be converted into a plant for the production of bio plastics due to potentially costly repairs on the Ile-de-France pipeline (PLIF) bringing crude to the plant.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 241,030 tonnes in January 2021 versus 217,890 tonnes a year earlier. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, PP shipments to the Russian market reached 141,870 tonnes in January 2021 versus 123,520 tonnes a year earlier. Supply of homopolymer PP and PP block copolymers increased.
Author:Margaret Volkova
Tags:bioplastics, PP, PE, crude and gaz condensate, PP block copolymer, homopolymer PP, propylene, LDPE, HDPE, ethylene, petrochemistry, thermal protection, Total Petrochemicals, Russia, France.
Category:General News
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