In the wake of completing a $6.2 billion deal for lithium producer Rockwood Holdings, Baton Rouge-based specialty chemicals maker Albemarle Corp. said it will realign its global business units and announced the executives that will head those divisions.
The three units are Chemetall Surface Treatment, Refining Solutions and Performance Chemicals. Chemetall will supply specialty chemicals, with a focus on processes for the surface treatment of metals and plastics. Refining Solutions will provide catalysts that can be used through the entire refinery process. Performance Chemicals will combine the lithium, aluminum alkyls and derivative catalysts businesses with Albemarle’s existing Performance Chemicals global business unit.
Rockwood produces lithium and lithium compounds used in batteries for smartphones and hybrid and electric vehicles
Albemarle President and Chief Executive Officer Luke Kissam said the new organizational structure will help the company grow faster, perform at even higher levels, and get the most out of the complementary fit with Rockwood, especially between the lithium and bromine businesses.
Joris Merckx will serve as president of Chemetall Surface Treatment. Merckx has managed Chemetall’s global surface treatment business since October 2007 and has served as president since September 2012.
Silvio Ghyoot will serve as president of Refining Solutions. Ghyoot has been with Albemarle since 1990, holding numerous commercial and management positions, including roles in business, sales and supply chain.
Michael Wilson will serve as president of Performance Chemicals. Wilson has served as president of Catalyst Solutions since 2013 and was formerly president of the Specialty Chemicals Group at FMC Corp.
Matt Juneau will serve as senior vice president of corporate strategy and investor relations. Juneau has more than 30 years of experience in the chemical industry and has held leadership positions across all of the Albemarle businesses and global sales.
Susan Kelliher, Karen Narwold and Scott Tozier will continue in their current roles as senior vice president, human resources and chief people officer; senior vice president, general counsel, corporate and government affairs, corporate secretary; and senior vice president and chief financial officer, respectively.
The changes will become effective by the end of the first quarter.