Hexion

TJC Completes Acquisition of Delrin®

Retrieved on: 
Wednesday, November 1, 2023

TJC L.P. (“TJC”) announced the successful close of the acquisition of Delrin®, a highly differentiated, global homopolymer business.

Key Points: 
  • TJC L.P. (“TJC”) announced the successful close of the acquisition of Delrin®, a highly differentiated, global homopolymer business.
  • Today marks the launch of Delrin® as an independent company, building on a 60+ year legacy of partnering with customers to help solve their toughest technical challenges.
  • Delrin’s employees and operations will continue to operate the business in the normal course, providing stability and consistency to customers and suppliers with whom the Company maintains long-standing relationships.
  • After previous roles at Celanese, Avantor and BASF, Juergen’s most recent role was President of Biotherapeutics and Pharmaceuticals at ILC Dover.

Hexion Awarded EcoVadis Silver Sustainability Rating

Retrieved on: 
Wednesday, November 1, 2023

Hexion Inc. announced today that EcoVadis, a global sustainability ratings provider, awarded Hexion silver-medal status for its sustainability commitment and results.

Key Points: 
  • Hexion Inc. announced today that EcoVadis, a global sustainability ratings provider, awarded Hexion silver-medal status for its sustainability commitment and results.
  • View the full release here: https://www.businesswire.com/news/home/20231031923438/en/
    Hexion Inc. announced today that EcoVadis, a global sustainability ratings provider, awarded Hexion silver-medal status for its sustainability commitment and results.
  • “For several years, we’ve closely aligned our sustainability strategy with the United Nations’ Sustainable Development Goals and we are committed to continuous improvement in all facets of our sustainability initiatives.”
    The EcoVadis rating is the latest in a series of notable sustainability achievements for Hexion, including achieving International Sustainability and Carbon Certification (ISCC) PLUS certification at Hexion’s Baytown, Texas site.
  • Hexion has detailed its overall sustainability progress in its recently-released Sustainability Report , Building and Protecting the Future Using Innovative Science Today.

Latham Group, Inc. Appoints Oliver Gloe as Chief Financial Officer, effective November 13, 2023

Retrieved on: 
Tuesday, October 24, 2023

LATHAM, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced the appointment of Oliver Gloe as Chief Financial Officer (CFO), effective November 13, 2023.

Key Points: 
  • LATHAM, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced the appointment of Oliver Gloe as Chief Financial Officer (CFO), effective November 13, 2023.
  • Gloe will join Latham on October 30, 2023 as Vice President, Finance before assuming the role of CFO.
  • As CFO, Gloe will oversee Latham’s finance, strategic planning, investor relations, treasury, tax and accounting reporting functions and report to Latham President and Chief Executive Officer, Scott Rajeski.
  • Mark Borseth, who currently serves as Interim Chief Financial Officer, will transition to the role of Strategic Advisor to the Company beginning November 13, 2023 through December 31, 2023.

Hexion Achieves ISCC PLUS Certification

Retrieved on: 
Thursday, October 5, 2023

Hexion announced it has received International Sustainability and Carbon Certification (ISCC) PLUS certification at its Baytown, Texas, site following an audit by DQS Inc., an independent certification company.

Key Points: 
  • Hexion announced it has received International Sustainability and Carbon Certification (ISCC) PLUS certification at its Baytown, Texas, site following an audit by DQS Inc., an independent certification company.
  • ISCC PLUS is a global sustainability certification system that makes it possible to track the amount and sustainability characteristics of circular and/or bio-based content in a company’s value chain and attribute it via the mass balance approach based on verifiable bookkeeping.
  • By achieving this globally-recognized standard, Hexion can now offer ISCC PLUS certified formaldehyde that is manufactured based on mass balance principles, which helps reduce the attributed carbon footprint of customers’ products.
  • “Achieving ISCC PLUS allows us to deliver certified products that more fully support our customers’ sustainability goals.

Lancaster Colony Appoints George Knight to Board of Directors

Retrieved on: 
Wednesday, September 20, 2023

Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has appointed George F. Knight III to the Company’s Board of Directors.

Key Points: 
  • Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has appointed George F. Knight III to the Company’s Board of Directors.
  • Mr. Knight spent 25 years with chemical company Hexion, Inc. and its predecessor company Borden, Inc., most recently serving as Hexion’s Executive Vice President and Chief Financial Officer.
  • Mr. Knight previously held senior finance roles at Duracell, Inc. and worked as a Senior Audit Manager for Deloitte & Touche LLC.
  • View the full release here: https://www.businesswire.com/news/home/20230920924910/en/
    Lancaster Colony Appoints George Knight to Board of Directors (Photo: Business Wire)
    Lancaster Colony’s Chairman, John B. Gerlach, Jr., commented, “We are pleased to welcome George to the Board and look forward to leveraging his extensive experience and leadership skills.

Hexion’s Versatics Business Achieves EcoVadis Gold Medal for Sustainability Performance

Retrieved on: 
Thursday, September 14, 2023

Hexion announced today that EcoVadis awarded gold medal status to Hexion VAD B.V. for its sustainability commitment and results, placing it in the top four percent of all companies assessed by EcoVadis.

Key Points: 
  • Hexion announced today that EcoVadis awarded gold medal status to Hexion VAD B.V. for its sustainability commitment and results, placing it in the top four percent of all companies assessed by EcoVadis.
  • View the full release here: https://www.businesswire.com/news/home/20230911757737/en/
    EcoVadis awarded gold medal status to Hexion VAD B.V. for its sustainability commitment and results, placing it in the top four percent of all companies assessed by EcoVadis.
  • (Graphic: Business Wire)
    EcoVadis is a leading global standard for business sustainability ratings, evaluating more than 85,000 companies globally.
  • The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: Environment, Labor & Human Rights, Ethics and Sustainable Procurement.

Top 20 Composites Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Monday, August 28, 2023

CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • Ownes Corning is a diversified composites company and a leading supplier and providing composites materials.
  • Factors such as revenue, geographic presence, vendor's market share, and business strategies have been considered to evaluate the composites quadrant.
  • The top criteria for company evaluation were Fiber Type (Glass Fiber Composites, Carbon Fiber Composites and Natural Fiber Composites) Resin Type (Thermoset Composites and Thermoplastic Composites), Manufacturing Process and End-User Industry.

Top 20 Composites Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Monday, August 28, 2023

CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • Ownes Corning is a diversified composites company and a leading supplier and providing composites materials.
  • Factors such as revenue, geographic presence, vendor's market share, and business strategies have been considered to evaluate the composites quadrant.
  • The top criteria for company evaluation were Fiber Type (Glass Fiber Composites, Carbon Fiber Composites and Natural Fiber Composites) Resin Type (Thermoset Composites and Thermoplastic Composites), Manufacturing Process and End-User Industry.

Hexion Associates Celebrate Annual Day of Service

Retrieved on: 
Monday, August 21, 2023

Hexion will hold its annual day of service benefiting a variety of organizations in Columbus as part of the company’s annual “Hexion Cares Day” on Thursday, August 24.

Key Points: 
  • Hexion will hold its annual day of service benefiting a variety of organizations in Columbus as part of the company’s annual “Hexion Cares Day” on Thursday, August 24.
  • View the full release here: https://www.businesswire.com/news/home/20230817142905/en/
    During this year’s Hexion Cares Day, Hexion associates will volunteer at organizations focused on housing, education and food insecurity, including: Habitat for Humanity - MidOhio, LifeCare Alliance, YWCA Columbus Homeless Families Center, Home for Families, and Columbus Early Learning Center.
  • “For associates in Columbus and around the world, Hexion’s commitment to ‘Responsible Chemistry’ is more than a commitment to operate our plants safely.
  • In 2022, Hexion’s corporate charitable contributions totaled more than $480,000, and associates globally logged more than 2,200 volunteer hours.

Hexion Serves as Start Line Sponsor for American Heart Association’s 2023 Central Ohio Heart Walk

Retrieved on: 
Tuesday, August 15, 2023

As part of its ongoing sustainability and wellness initiatives, Hexion will serve as the start line sponsor of the American Heart Association’s (AHA) Central Ohio Heart Walk on August 19th in downtown Columbus.

Key Points: 
  • As part of its ongoing sustainability and wellness initiatives, Hexion will serve as the start line sponsor of the American Heart Association’s (AHA) Central Ohio Heart Walk on August 19th in downtown Columbus.
  • “As a key supporter of the Central Ohio Heart Walk for 15 years, we annually celebrate AHA’s good work and the importance of our associates’ wellness,” said Michael Lefenfeld, President and Chief Executive Officer.
  • “By participating in the Central Ohio Heart Walk, we bring our ‘Responsible Chemistry’ theme to life and demonstrate our commitment to the communities where our people work and live.
  • Hexion’s corporate charitable contributions totaled more than $480,000, and associates globally logged more than 2,200 volunteer hours in 2022.