LONDON and NEW YORK, June 5, 2017 - The 2017 ICIS Kavaler Award, sponsored by The Chemists’ Club, and in association with The Valence Group,
will be awarded to Kurt Bock, chairman of the board of executive directors of BASF, for outstanding achievement as voted on and recognized by his peers.
This prestigious and unique global chemical industry award will be presented to Kurt Bock at a black tie dinner ceremony on Tuesday, October 3, 2017, at the Metropolitan Club of New York, in New York City.
The winner of the ICIS Kavaler Award is selected by his/her peers – the senior executives in the ICIS Top 40 Power Players listing – a global ranking of the leaders making the greatest positive impact on their companies and the chemical industry published in ICIS Chemical Business magazine.
“With the ‘We create chemistry’ strategy, BASF set the path to strengthen its leading position as an integrated global chemical company. We want to contribute to a sustainable future and are guided by this purpose,” said Kurt Bock. “This award recognizes our efforts and contribution, and I am proud to accept this award on behalf of all employees at BASF.”
“Kurt Bock has kept a steady hand on the world’s largest chemical company through challenging economic cycles and major structural changes in the global chemical industry, making disciplined investments and portfolio adjustments to position the firm for optimal performance,” said Joseph Chang, global editor of ICIS Chemical Business.
In the award selection process, ICIS and The Chemists’ Club invited each of the ICIS Top 40 Power Players for 2016 to vote for three individuals on the ballot, based on newsworthy achievement in one or more of the following categories:
Previous winners of the ICIS Kavaler Award include INEOS chairman Jim Ratcliffe (2016), Dow Chemical CEO Andrew Liveris (2015), former LyondellBasell CEO Jim Gallogly (2014) and former PPG Industries CEO Charles Bunch (2013).
For more information on the ICIS Kavaler Award, please contact Bernard Petersen at ICIS, Bernard.firstname.lastname@example.org
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The award is a revival of the Kavaler Award, which was presented by Chemical Market Reporter to leading chemical CEOs from 1990 to 1999, including Jon Huntsman Sr., founder, chairman and CEO of Huntsman, and Frank Popoff, chairman and CEO of Dow Chemical. Arthur Kavaler, who served for 46 years as reporter, editor and eventually publisher and editor-in-chief of Chemical Market Reporter – one of the three publications incorporated into ICIS Chemical Business – passed away at the age of 91 on January 18, 2012. Kavaler, a probing reporter and an editor with unwavering conviction, had a major impact on chemical industry journalism.
ICIS Chemical Business
Joseph Chang, Global Editor
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