Home / Knowledge / News / Textiles / PPG Industries Chairman to receive ICIS Kavaler Award
PPG Industries Chairman to receive ICIS Kavaler Award
12
Jul '13
Chuck Bunch
Chuck Bunch
The ICIS Kavaler Award, sponsored by The Chemists’ Club in recognition for outstanding achievement as voted on by his peers, will be awarded to PPG Industries Chairman and Chief Executive Officer Chuck Bunch.

This global chemical industry award will be presented to Bunch at a ceremony Thursday, Oct. 30, in New York City.

The distinguishing feature of this award is that the winner is selected by his or her peers – the senior executives selected in the ICIS Top 40 Power Players listing, a global ranking of people making the greatest impact on the chemical industry.

“We congratulate Mr. Bunch for his outstanding and newsworthy achievements, including a landmark deal to separate its commodity chemicals business and merge it with Georgia Gulf to create Axiall (Corporation), boosting shareholder value significantly,” said Joseph Chang, global editor of ICIS Chemical Business.

Acquisitions to PPG’s core coatings business have also added value, Chang said, and this has continued into 2013 with the acquisition of AkzoNobel’s North American architectural coatings business.

“During the past several years PPG has made significant progress focusing our business portfolio and activities in pursuit of our vision to continue to be the world’s leading coatings and specialty products company,” Bunch said.

“I am pleased to accept this recognition on behalf of all PPG employees who have worked so hard to achieve these noteworthy accomplishments in our industry.”

In the award selection process, ICIS and the Chemists’ Club invited each of the ICIS Top 40 Power Players for 2012 to vote for three individuals in the ballot, based on newsworthy achievement in one or more categories:

- Profitability/shareholder value (growth in earnings before interest, taxes, depreciation and amortization – or EBITDA – along with stock price and dividends);
- Mergers and acquisitions (deals or integration);
- Projects/capital investment; and
- Innovation – technology, product, business process with an impact on industry and society.

The ICIS Kavaler Award

The award is a revival of the Kavaler Award, which was presented by Chemical Market Reporter to leading chemical CEOs from 1990 to 1999. It is named in memory of Arthur Kavaler, who served for 46 years as reporter, editor and eventually publisher and editor in chief of Chemical Market Reporter.

PPG Industries


Must ReadView All

OECD urges UK for close EU ties to meet Brexit challenges

Textiles | On 24th Oct 2017

OECD urges UK for close EU ties to meet Brexit challenges

The British economy has weakened following the decision to leave the...

Courtesy: Karl Mayer

Textiles | On 24th Oct 2017

Karl Mayer upgrades Webshop Spare Parts platform

Karl Mayer, a technology and market leader as well as driving force...

Courtesy: A&E

Textiles | On 23rd Oct 2017

A&E unveils Magic using Repreve sewing thread

American & Efird (A&E), a leading developer of industrial and...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.1%
No
12.7%
Skip
11.3%

Total Votes: 71

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
28.2%
Skip
9.9%

Total Votes: 71

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.9%
No
9.9%
Skip
4.2%

Total Votes: 71

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
76.1%
No
11.3%
Skip
12.7%

Total Votes: 71


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search