US-China Business Council elects Andrew Liveris as Chairman
05 Jun '08
3 min read
Andrew Liveris, chairman & CEO of The Dow Chemical Company, has been elected as new chairman of the US-China Business Council, USCBC President John Frisbie announced.
Liveris will serve for two years, according to Frisbie, who also outlined other new officers and directors of the organization.
Liveris leads the Midland, Michigan-based $54 billion chemical company. Dow has a long-standing and ever increasing presence in China.
In country since the 1970s, Dow has significant investment plans to add to the existing 10 manufacturing sites and business centers.
The company is already staffing and finalizing expansion of a world-class R&D center in Pudong a site which already employs over 600 scientists.
Innovative investments include a coal-to-chemicals plant inland investment, which will turn abundant natural resources into value-add plastics and other chemical products.
Dow has been recognized as one of China's top employers in a recent program co-organized by The Corporate Research Foundation (CRF) International and China's leading media including China Daily, Economic Observer, ChinaHR.com and Cheung Kong Graduate School of Business as well as the Hay Group.
"The economic partnership between the United States and China has never been more important. I am honored to chair the US-China Business Council and see this as an opportunity to further develop a positive economic agenda between our two great nations," said Liveris.