LONDON and NEW YORK, July 22,
2024 /PRNewswire/ -- ICIS is pleased to
announce Thierry Le Henaff, chairman and CEO of France-based Arkema, as the winner of the 2024
ICIS CEO of the Year Award for outstanding achievement.
The ICIS CEO of the Year Award is unique in the chemical
industry as the winner is selected based on a vote among industry
CEOs in the ICIS Top 40 Power Players – a global ranking of leaders
driving the greatest positive impact on their companies and the
chemical industry, published in ICIS Chemical Business.
In selecting the winner, each of the ICIS Top 40 Power Players
was asked to vote for three individuals based on achievements in
Profitability/Shareholder value, ESG (Environmental, Social and
Governance), Innovation (technology, product, business process) and
success in M&A/portfolio management.
Le Henaff will receive the ICIS
CEO of the Year Award in a video Q&A interview with ICIS later
this year.
"It is a great honor to receive this prestigious award. It is
all the more invaluable for me as it reflects the choice of my
peers, the CEOs of other chemical groups around the world. I share
it with the Arkema teams. This award is first and foremost theirs,"
said Le Henaff.
"Through their unwavering commitment, professionalism and spirit
of conquest, they have enabled Arkema's transformation towards
specialty materials. This award recognizes our strategy focused on
innovative and high-performance materials that help deliver
solutions developed with and by our customers for a more
sustainable world," he added.
"Arkema's Thierry Le Henaff is
engineering one of the most ambitious transformations in the
chemical industry through M&A and innovation, positioning the
company as a leader in higher margin and growth specialty chemicals
and materials," said Jeff Skelton,
CEO of ICIS.
"Arkema is also on the cutting edge of sustainability, investing
in technologies and businesses enabling e-mobility,
decarbonisation, renewable energy and the production of biofuels
and bio-based polymers," said Joseph
Chang, Global Editor of ICIS Chemical Business.
Le Henaff has made key
acquisitions to boost the company's growth profile, including
US-based Dow's flexible packaging laminating adhesives business
(2024, close pending) and a majority stake in South Korea-based PI Advanced Materials
serving advanced electronics and e-mobility (December 2023).
Arkema is also investing in start-ups with potentially
disruptive technology. In April, the company agreed to acquire a
majority stake in Austria-based
Proionic, which is developing ionic liquids to enable the next
generation of solid lithium-ion batteries.
Thierry Le Henaff has been
chairman and CEO of Arkema since the company's stock market listing
in 2006 when it was spun off from Total.
Previous winners of ICIS CEO awards as voted on by the ICIS Top
40 Power Players include ExxonMobil Product Solutions president
Karen McKee (2023), Dow CEO Jim
Fitterling (2022), former BASF CEO Martin
Brudermuller (2021), Saudi Aramco CEO Amin
Nasser (2020), former LyondellBasell CEO Bob
Patel (2019, 2018), former BASF CEO Kurt
Bock (2017), INEOS chairman Jim Ratcliffe (2016),
former Dow CEO Andrew Liveris (2015), former
LyondellBasell CEO Jim Gallogly (2014) and former PPG CEO
Charles Bunch (2013).
About ICIS
ICIS – Independent Commodity Intelligence Services – helps
businesses through seamlessly delivering data and analytics, across
the chemical, fertilizer and energy markets. A trusted source and
benchmark for price information and insight across key commodities
markets worldwide. Our independent, transparent market intelligence
informs thousands of quality decisions every day, taking the
pressure out of negotiations and giving customers space for more
innovative thinking, through published datasets including price
assessments, price forecasts, supply and demand fundamentals and
more. Over 150 years of shaping the world by connecting markets to
optimize the world's valuable resources. With a global team of more
than 600 experts, ICIS has employees based in London, New
York, Houston, Karlsruhe,
Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao
Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE10 company with a market cap
of £65bn and an employee base of over 35,000
experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for
professional and business customers across industries. The Group
serves customers in more than 180 countries and has offices in
about 40 countries. It employs approximately 30,000 people of whom
almost half are in North America. RELX PLC is
a London listed holding company which owns 52.9% of RELX
Group. RELX NV is an Amsterdam listed holding company
which owns 47.1% of RELX Group. The shares are traded on
the London, Amsterdam and New York Stock Exchanges
using the following ticker symbols: London:
REL; Amsterdam: REN; New York: RELX and RENX. Total
market capitalisation is approximately £65bn,
€77bn, $84bn.
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