MOVES: Azelis appoints Clariant executive as new CEO

01 October 2012 10:38  [Source: ICIS news]

LONDON (ICIS)--Azelis has named Hans-Joachim Muller, a former member of Clariant’s executive committee, as its new CEO, the Belgian specialty chemicals company said on Monday.

He replaces Joris Coppye, who served as the company’s CEO from June 2009 until September this year. Azelis also announced that business development director Laurent Nataf has had his role expanded to include responsibility for all European operations.

At Clariant, Muller was in charge of the company’s catalysts and energy, detergents and intermediates, oil and mining services, and emulsions business units. He has also held roles at Sud-Chemie, where he was member of the managing board, and BASF, where he was responsible for the German company’s Asia-Pacific catalyst business in Hong Kong.

Commenting on his growth plans for Azelis, Muller said: “There are additional areas for growth that can be developed further. Among these are our business plans in Asia-Pacific as well as projects to selectively acquire new mandates and businesses in Europe and other regions.”

Azelis also stated that it has raised €30m ($36.6m) in additional funding from existing shareholders, with the majority being provided by UK private equity firm 3i.

Clariant announced the departure of Muller on 26 June this year, stating that it was “for personal reasons.”

(€1 = $0.78)

By: Tom Brown
+44 208 652 3214

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