Polymers Market Size Forecast to Reach Around $750 Billion by 2025 The Increasing Demand for Specialty Polymers Are Fueling the Growth of the Polymers Market.
Polymers Market
BriefingWire.com, 4/08/2021 - Global Polymers Market size is forecast to reach around $ 750 billion by 2025, after growing at a CAGR of 5.1% during 2020-2025. Polymer is one of the widely used chemical products in almost all the sectors such a medical, aerospace, packaging, automotive, construction, electrical appliances, and medical sector, and consequently, the global polymers market is thriving. Polymers are used widely as a substitute of metal and mineral based products due to its high performance, cost-effectiveness, and low weight. Increase in the retail sector and prospering e-commerce industry is demanding for more packaging material that is influencing the significance of the polymers market. Whereas, the growing interest in renewable feedstock a
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March 16, 2021
THE WOODLANDS, Texas â March 16, 2021 â Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical) announced today that Mitch Eichelberger will become executive vice president, polymers and specialties, effective April 1, 2021. In addition to oversight of the sales, marketing and supply chain functions, he will assume additional responsibility for the companyâs global procurement organization.
âMitch has proven to be a change agent for our company, focused on delivering value through continuous improvement and innovation,â said B.J. Hebert, who was recently named president and chief operating officer. âWe are proud of our reputation as the supplier of choice in our industry, and this realignment of the procurement organization under Mitchâs leadership will help us continue to exceed customer expectations for service and satisfaction.â
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Phillips 66 has named Mark Lashier, President and CEO of Chevron Phillips Chemical Company LLC, as its President and Chief Operating Officer effective 1 April.
“Mark is the right leader at the right time to join Phillips 66,” said Greg Garland, Chairman and CEO of Phillips 66. “He assumes his new role at a time when we are operationally and financially strong yet navigating a dynamic and challenging external environment.”
Lashier, who has over 30 years of energy industry experience, has served as CPChem’s CEO since 2017. He joined the global petrochemical joint venture, in which Phillips 66 owns a 50% interest, in 2000. At CPChem he has served as Executive Vice President of Olefins and Polyolefins; Senior Vice President of Specialties, Aromatics and Styrenics; Vice President of Corporate Planning and Development; and Regional Manager of Asia. He began his career with Phillips Petroleum Company as a research engineer.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Phillips 66 Names Industry Leader Mark Lashier as President and Chief Operating Officer
March 1, 2021 GMT
HOUSTON (BUSINESS WIRE) Mar 1, 2021
Phillips 66 (NYSE: PSX) has named Mark Lashier, President and CEO of Chevron Phillips Chemical Company LLC, as its President and Chief Operating Officer effective April 1.
“Mark is the right leader at the right time to join Phillips 66,” said Greg Garland, Chairman and CEO of Phillips 66. “He assumes his new role at a time when we are operationally and financially strong yet navigating a dynamic and challenging external environment.”