Additional INVISTA Leaders Announced.Business Editors WICHITA, Kan.--(BUSINESS WIRE)--Feb. 5, 2004 Additional leaders have accepted key roles in the new INVISTA organization, pending successful completion of the INVISTA sale to KED Fiber Ltd. and KED Fiber, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , subsidiaries of Koch Industries Koch Industries, Inc. (pronounced "koke") is a private corporation based in Wichita, Kansas. According to Forbes Magazine, it is the largest privately owned company in the world by revenue (surpassing Cargill in 2005 with the acquisition of Georgia-Pacific), with subsidiaries , Inc. Steve Kromer will become INVISTA's senior vice president, strategy, sourcing and business development. Kromer joined Koch Industries in 1982 and is currently managing director of corporate business development. Kromer is replacing George Gregory George Gregory, Jr. (born 1906, New York City, died May 11, 1994, Washington Heights, New York City, New York) was the first black basketball player to be selected as an All American college basketball player, in 1931. , current KoSa president, who elected not to join the new INVISTA organization. Kevin Fogarty will be president, polymers and resins, and be based in Wichita, Kan. In this role, he will oversee polyester polymers, bottle resins and nylon salts and polymers. Fogarty currently is president of KoSa's polymer and intermediates business. He joined Koch in 1991. Gerold Linzbach will be president, textile fibers. He will oversee INVISTA's staple, tire cord, mechanical rubber goods and polyester textile filament filament, in astronomy: see chromosphere. businesses from the Charlotte, N.C.-area. Linzbach currently is president of KoSa's fibers business. David Duncan David Duncan (born 1960), is the United States government's star witness in the Arthur Andersen trial. He has said fears over interpretation prompted him to order the shredding of documents relating to Enron. , previously a member of Koch's corporate business development team, will become an INVISTA vice president and will initially focus on restructuring the nylon apparel business. He has been with Koch since 1997 and is currently leading the Koch-INVISTA transition team. Greg Biederman will become vice president, specialty products, for INVISTA, and be based in Wichita, Kan. This business will report to the Intermediates president Kenneth Wall. Biederman currently is global business director, C-12, specialties and terathane for INVISTA. He joined DuPont in 1980. Previously, William Ghitis, David Trerotola, Alan Wolk and Wall were selected as presidents to lead the Apparel, Performance Fibers, Interiors and Intermediates businesses, respectively, for the new INVISTA organization. Ghitis and Trerotola will be located in the Wilmington tri-state area There are a number of places in the United States known as tri-state areas where three states or holdings meet at one point (a tripoint), or in proximity to each other. The two most well-known are for the New York and Chicago metropolitan areas. ; Wolk will be based in the Atlanta area; and Wall will locate in Wichita. INVISTA, currently a business unit of DuPont, is the largest integrated fiber and intermediates business in the world, has interests in 50 global manufacturing sites and operates in 50 countries. It is comprised of three businesses: Apparel; Interiors and Industrial; and Intermediates. INVISTA is committed to its customers' growth through market insights and technology innovations combined with a powerful portfolio of the best-known global brands and trademarks in the industry including: LYCRA(R), STAINMASTER(R), ANTRON(R), COOLMAX(R), THERMOLITE(R), CORDURA(R), SUPPLEX(R), TACTEL(R), and in the specialty chemicals A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. business: CORFREE(R), DYTEK(R), ADI-Pure(R) and TERATHANE(R). Koch Industries, Inc. is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that owns a diverse group of companies that operate in more than 30 countries in core industries such as trading, petroleum, chemicals, natural gas, gas liquids, asphalt, resins and fibers, minerals, fertilizers, chemical technology equipment, ranching, securities and finance, as well as in other ventures and investments. KoSa B.V. and its subsidiaries are global producers of commodity and specialty polyester fibers Noun 1. polyester fiber - a quick-drying resilient synthetic fiber consisting primarily of polyester polyester - any of numerous synthetic resins; they are light and strong and weather resistant , polymers and intermediates. |
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