20 September 2012 07:55 [Source: ICIS news]
SINGAPORE (ICIS)--LANXESS has appointed Ming Cheng Chien as chief executive officer (CEO) of its business in Greater China, effective on 1 February 2013, the German specialty chemicals company said in a statement late on Wednesday.
The company defines ‘Greater China’ as mainland ?xml:namespace>
Martin Kraemer, the incumbent CEO of LANXESS in Greater
Kraemer took over the chief executive role in January 2009 and doubled sales to €992m ($764m) in 2011 from €500m in 2008, the statement said.
The German firm will also expand its existing portfolio of 13 business units to 14 from 1 January 2013 onward, according to an earlier ICIS report.
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