MOVES: Arkema’s Canada fluorspar venture shuffles team

21 September 2012 16:31  [Source: ICIS news]

TORONTO (ICIS)--Newspar has appointed an interim CEO and named a new member to join its management committee, officials at the Canada-based fluorspar mining joint venture between French chemicals firm Arkema and Canada Fluorspar (CFI) said on Friday.

Richard Carl will take over as Newspar's interim CEO, effective 21 September. Carl will retain in his role as executive vice president of CFI, the company said.

He is taking over from Lindsay Gorrill, who served as CEO of both Newspar and CFI. Gorrill will continue as CEO of CFI.

Also, Greg Struble, chief operating office of North American Palladium, joined Newspar's management committee

Meanwhile, Newspar is continuing work on a “cost and scope review” of its St Lawrence fluorspar project in Canada’s province of Newfoundland and Labrador. The review is expected to be completed by the first quarter of 2013, it said. 

A date for the start of construction of the project has not yet been determined, it added.

Arkema and CFI formed the 50:50 joint venture last year. The St Lawrence project is expected to supply fluorspar for Arkema’s North American fluorochemicals operations. Fluorspar is the key feedstock in the production of hydrofluoric acid, which is the main raw material for the production of refrigerant gas and fluoropolymers.

By: Stefan Baumgarten
+1 713 525 2653

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