DuPont announced that its board of directors appointed CEO Ellen Kullman as its chairwoman, effective Dec. 31. Kullman will take over for Charles Holliday, who is set to retire after 11 years in the position.
DuPont CEO Ellen Kullman is leading transformational change as the company embraces being a science-driven global market player. DuPont recently divested its paints business to redirect capital into emerging sectors such as advanced materials, industrial coatings and biotechnology. "DuPont's a science company. We've been around for 210 years, and our focus has always been on using science to improve the world," Kullman said. Energy and population megatrends are among the focus areas for the company.
A report indicates Americans recycled record amounts of polyethylene terephthalate and high-density polyethylene plastic bottles last year. More than 2.4 billion pounds were recycled, up 75 million pounds from the previous year, according to data released by the American Chemistry Council and the Association of Postconsumer Plastic Recyclers.
BASF recently organized an environmental, health, safety and security event at its chemical site in Seneca, S.C., with state and local officials and industry leaders attending the event. The company has made significant strides as it remains committed to securing the safety of its workers, "but you can also see our journey isn't over," the site manager said.
A number of toys and other children's products sold in or near Chicago violate safety standards for lead or contain illegal chemicals, according to a study. The study tested 87 children's products for lead and other toxic chemicals and found that two of those products contained "actionable levels of phthalates."
Ellen Kullman, who has been groomed for the past two years to replace Charles Holliday when he retires from DuPont on Jan. 1, on Tuesday was named president-to-be and CEO-to-be. The appointment, which will mark the first time DuPont has been led by a woman, will make Kullman one of the most powerful women in industry.