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

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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