Covestro makes management changes; appoints new head polyurethanes segment

Covestro appoints new head to polyurethanes segment

11:50 AM, 24th August 2017
Covestro logo

LEVERKUSEN, GERMANY: Covestro AG has announced managerial changes in its polyurethanes and coatings, adhesives, specialities segments effective 1, September 2017. 

Dr Markus Steilemann, who has been chief commercial officer (CCO) with board of management responsibility for innovation, marketing and sales since April 2017, will relinquish his position as head of the polyurethanes segment, which he has held since the start of 2016. Plans call for him to succeed Patrick Thomas as CEO of Covestro next year. 

The new head of the polyurethanes segment will be Daniel Meyer, who has headed the coatings, adhesives, specialities segment since 2011. He will be succeeded by Michael Friede, who currently manages the company’s global elastomers business from France. 

Dr Markus Steilemann can look back on a long international career that began at Bayer in 1999. In 2004, he moved to Bayer’s new MaterialScience subgroup, which now operates independently under the name Covestro. From 2008 onwards, Steilemann held various management positions in the polycarbonates segment in Asia, including serving as head of global industrial marketing. Between 2013 and 2015, he headed the entire polycarbonates segment before being appointed to the Covestro board of management. 

Daniel Meyer joined Bayer France SA in 1992. After transferring to Bayer AG in Leverkusen in 1997, he occupied various positions in the pigments business before becoming product manager for coating resins in 2002, initially in Europe, the Middle East and Africa, and subsequently around the world. From 2004, Meyer held a number of different positions in Asia-Pacific for a total of eight years, including managing the marketing of coating raw materials. He went on to head business development before assuming responsibility for the entire coatings, adhesives, specialities segment in the region, and subsequently around the globe.

Michael Friede came to Bayer as a trainee. After working in the corporate audit department and as an assistant to the board of management, he spent a number of years in procurement, some of them in US. In 2012, he returned to Germany to manage the global key accounts team in the coatings, adhesives, specialities segment.

© Worldofchemicals news 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


BASF, BSE sign agreement to convert CO2, excess current into methanol

LUDWIGSHAFEN/ LEIPZIG, GERMANY: BASF SE and BSE Engineering have signed an exclusive joint development agreement where BASF will provide custom made c ...

Read more
Nagase acquires US chemical distributor Fitz Chem

NEW YORK, US: Nagase America, a member of the Nagase Group (NAGASE), a leader in innovative solutions for the chemicals, has acquired US-based sp ...

Read more
Sika acquires ABC Sealants; strengthens market in Turkey

BAAR, SWITZERLAND: Sika AG has acquired ABC Sealants, a leading Turkish-based manufacturer of sealants and adhesives. The acquisition will strengthen ...

Read more
New cyborg bacteria turn sunlight into useful chemicals

BERKELEY, US: To help humans capture more of the sun’s energy than natural photosynthesis can, University of California, Berkeley scientists hav ...

Read more
Toray to build new polyphenylene sulfide resin facility in Hungary

TOKYO, JAPAN: Toray Industries Inc has decided to construct a new polyphenylene sulfide (PPS) compound production facility at Hungarian site of its US ...

Read more
BASF submits Revysol fungicide registration for North America

LUDWIGSHAFEN, GERMANY: BASF SE has reached the next milestone for its latest fungicide active ingredient Revysol. The company has submitted the regula ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X