Personnel and structural changes in Degussa's Coatings & Colorants Business Unit

09-Feb-2004

Degussa's coatings & Colorants Business Unit has reorganized its Resins Business Line to more closely align with strategic market needs. The BL Resins is divided into two new Business Lines:

The new BL Performance Resins deals with VESTOPLAST (amorphous polyalphaolefins), VESTOWAX (synthetic waxes) and the Specialty Resins, and it is headed by Christian Kather, former head of the Colorants business in Europe.

The new BL Polyesters includes coating and adhesive polyesters (DYNAPOL/DYNACOLL) and is headed by Dr. Thomas Wildt, former head of Strategic Projects for the Coatings & Colorants Business Unit.

The current head of R&D, Dr. Norbert Finke, will be transferring to Degussa's Corporate Center in Duesseldorf on March 1, 2004, and assuming responsibility for Corporate Innovation. The new head of R&D will be Dr. Werner Freitag, former head of the Resins Business.

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