The Dow Chemical Co. has announced creation of the Performance Plastics Division. The division will comprise all Dow plastics and will include the Packaging and Converting Unit that is currently part of the Advanced Materials Division. Its focus will be on high-value market-driven solutions in applications such as packaging, hygiene, food and telecommunications.
Howard Ungerleider, vice president for Investor Relations, has been named senior vice president for Dow and president of the Performance Plastics Division. He will join the Executive Leadership Committee (ELC) and report to Andrew Liveris, chairman and CEO. Jim Fitterling, executive vice president, adds Corporate Development to his current Hydrocarbons Divisional leadership role. In addition, the Chlorinated Solvents business will move to the Performance Products and Systems Division and report to Juan Luciano, executive vice president and president of this division.
“These leadership and business moves are designed to further our transformation and our strategic shift to a diversified industry-leading portfolio of advanced materials, agrosciences, specialty chemicals, and now performance plastics businesses that deliver a broad range of technology-based products and solutions to our customers around the world,” said Liveris. “Our Performance Plastics Division will have a technology, market-driven approach to intensely focus on downstream markets such as packaging, health and hygiene, and food applications while we continue to optimize the commodity side of our plastics businesses.”
For more information, visit www.dow.com.
Dow Creates Performance Plastics Division
March 8, 2011