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Degussa's resins reorganizes business line.

Degussa's Coatings and Colorants Business Unit, Parsippany, NJ, has reorganized its Resins Business Line to more closely align with strategic market needs. It has been divided into two new business lines--Performance Resins and Polyesters.

The new business line Performance Resins deals with Vestoplast[R] (amorphous polyalphaolefins), Vestowax[R] (synthetic waxes) and specialty resins. Christian Kather, former head of Colorants business in Europe, will head this business line. The business line Polyesters includes coating and adhesive polyesters and will be led by the former head of strategic projects for the coatings and colorants business unit, Dr. Thomas Wildt.

Included with these structural changes is the transfer of Dr. Norbert Finke to Degussa's corporate center in Duesseldorf where he will assume responsibility for Corporate Innovation. Former Resins business head, Dr. Werner Freitag has been named the new head of Research and Development.
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Title Annotation:Business & Industry
Publication:JCT CoatingsTech
Date:Apr 1, 2004
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