Insulation industry news from Global Insulation
Pearl Polyurethane appoints three new board members
28 September 2021UAE: Pearl Polyurethane has newly appointed Oliver Bruns, Michael Friede and Wilhelm Lamberts to its board. Chemical Industry Digest News has reported that the new board members’ experience collectively spans various sectors and industries, bringing broad and deep expertise to the polyurethane (PUR) producer’s strategic guidance and oversight as it expands internationally and into new verticals.
Bruns has over 10 years’ PUR industry experience with Germany-based Bayer AG and Covestro, formerly known as Bayer MaterialScience. This included a role as managing director of Bayer’s Czech Republic-based PUR system house for Eastern Europe. Bruns currently also holds a full-time CEO position at Neveon, a leading global integrated foam group that supplies PUR flexible and composite foams for a wide range of applications.
Friede started his career at Bayer AG in 2001 and held various senior executive roles at Bayer MaterialScience and then Covestro, including global head of coatings, adhesives and specialities. He then moved to Netherlands-based AkzoNobel, where he worked as chief commercial officer (CCO) of performance coatings.
Lamberts’ career also spans multiple executive roles at Bayer AG and Covestro, most recently as the former’s strategy project manager and senior vice president, head of elastometers and the latter’s innovation project manager.
Pearl Polyurethane plans major capacity expansion by September 2026
07 September 2021UAE: Pearl Polyurethane Systems plans to double its polyurethane (PUR) production capacity over the five years up to September 2026.
CEO Martin Kruczinna said “The newly structured entity of Pearl Polyurethane, combined with the reconfirmed long-term relationship with Covestro, enables us to create win-win solutions for our existing and new customers.” He added “While we plan to further increase our market share in selected Middle Eastern and North African countries, the real leverage will come from moving beyond those borders and launching innovative new products. Our advantageous location in Dubai as a regional trading hub puts several attractive markets within easy reach. We expect our unique value proposition of being able to reliably deliver high quality service and products at competitive prices should be valued in new international markets. We intend to capitalise on these growth opportunities and position Pearl as the preferred PUR solutions partner for customers in a growing number of industries, not only in the Middle East but also internationally.”