Home / Knowledge / News / Textiles / Cytec elects COO & appoints Specialty Chemicals President
Cytec elects COO & appoints Specialty Chemicals President
28
Jun '08
David Lilley, Chairman and Chief Executive Officer and the Board of Directors of Cytec Industries Inc announced the election of Shane Fleming as President and Chief Operating Officer. In addition, the Board appointed Frank Aranzana to succeed Mr. Fleming as President of Cytec Specialty Chemicals.

Mr. Fleming joined the Cytec predecessor company in 1983 in the Mining Chemicals group, and over the years has taken positions of increasing responsibility in the USA, Australia, and in the Asia Pacific region. In 2003 Shane took global responsibility for Cytec's specialty chemicals business and then in 2005, following the acquisition of the UCB chemicals business, he relocated to Brussels to assume full responsibility for the combined specialty chemical operations.

Mr. Aranzana joined Cytec Industries as part of the acquisition of the UCB chemicals business, and most recently has been Vice President of Cytec Surface Specialties. Frank has significant global business experience both in the past UCB organization and also with his previous employers, the Dow Chemical Company and the DuPont Dow Elastomers joint venture.

David Lilley, Chairman and Chief Executive Officer commented: “These appointments are designed to further accelerate the growth of Cytec as a premier specialty chemicals and materials company. Shane has demonstrated tremendous leadership qualities in significantly improving our Performance Chemicals business and turning around the Surface Specialties performance despite difficult business conditions.

Shane will continue to provide leadership and guidance to Specialty Chemicals but will also work closely with Steve Speak, President of Cytec Engineered Materials to support the strong growth in that business while also gaining greater technology leverage across Cytec. In addition, the Building Block Chemicals business will report to Shane”.

Mr. Lilley continued “Frank Aranzana has demonstrated excellent business acumen with strong marketing and new product development leadership. Shane and Frank have built a strong operating team, which will continue to work closely together to enhance our new product development programs and continue to improve productivity at all levels so that we can increase our earnings and returns in both the Surface Specialty and Performance Chemicals segments”.

Cytec Industries Inc


Must ReadView All

Respresentatives of over 30 Chinese companies in a meeting with officials of Kazakh Invest National Company; Courtesy: primeminister.kz

Textiles | On 17th Aug 2018

Kazakh-China cooperation in textiles explored in Astana

China and Kazakhstan have immense potential to cooperate in textiles...

Courtesy: Pexels

Textiles | On 17th Aug 2018

AWEX EMI closes at highest ever level of 2116ac clean/kg

The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI)...

Courtesy: VF Corporation

Apparel/Garments | On 17th Aug 2018

VF Corporation shifting global headquarters to Denver

VF Corporation, one of the largest apparel, footwear and accessories...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search