10.01.2014 • News

DuPont Taps Vergnano to Head Spin-off

DuPont has named Mark Vergnano, head of the Performance chemicals division since 2008, as CEO of the independent company it is creating through the carve-out of the division. The $7 billion division, including the titanium dioxide and the chemicals and fluoroproducts businesses is being spun off to shareholders by the second quarter of 2015.

In announcing the move in October 2013, DuPont CEO Ellen Kullman said that after the carve-out DuPont will have the optimum portfolio, will benefit from more consistent earnings growth and lower volatility and will have world-leading businesses, solid fundamentals and well established positions in attractive markets.

The fluoroproducts business is one of the traditional pillars of DuPont's portfolio.

Interview

Leading Transformation
The Path to Sustainable Growth

Leading Transformation

As Executive Vice President of International Chemicals since early 2024, Antje Gerber has been steering Sasol through a pivotal reset—focused on resilience, innovation, and bold sustainability goals.

Interview

Driving Sustainability Through Collaboration
Building Green Practices Across the Chemical Supply Chain

Driving Sustainability Through Collaboration

Together for Sustainability (TfS) is a pioneering, member-led initiative working to accelerate sustainable and resilient chemical supply chains. TfS President Jennifer Jewson discusses the origins of TfS, its evolving goals, its present-day challenges, and the initiative’s enduring impact and outlook for the future.

Top-Feature

most read

Photo
News • Chemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.