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Newman named as Chemours CEO

USA: Mark Newman, currently Chemours’ chief operating officer, has been named as the company’s new president and chief executive officer to succeed Mark Vergnano.

Vergnano, who has served as president and CEO since the company’s founding in 2015, is retiring from the company. He will assume the position of non-executive chairman of the company’s board of directors for the remainder of this year. In this role he will succeed current chairman Richard H Brown, who has announced his intention to retire after leading the board of directors for the last six years. 

Mark Newman joined DuPont, as it was known then, in 2014 as senior vice president & chief financial officer, performance chemicals. He was appointed senior vice president & chief operating officer two years ago.

With these changes, Dawn Farrell, who has served on the board of directors since the company’s founding and is a member of the audit committee and compensation committee, will become the company’s lead independent director.

Latest News

23rd October 2026

Westfalen opens R290 plant

GERMANY: Industrial gases manufacturer and retailer the Westfalen Group has opened a new plant to produce high-purity refrigerant R290 at its site in Münster-Gelmer.
22nd October 2026

ABB strikes transverse flux motor deal

USA: ABB has extended its relationship with Electric Torque Machines (ETM), which began in 2025, to develop and commercialise motors based on ETM’s patented transverse flux motor technology.
22nd October 2026

Carrier plans new $600m Fort Worth plant

USA: Carrier has announced plans to invest more than $600m over the next three years in a new advanced manufacturing and engineering centre in Fort Worth, Texas.
22nd October 2026

Trane Technologies to acquire Cancoil

IRELAND: Trane Technologies is set to acquire one of its current suppliers – Cancoil Thermal Corporation, a Canadian manufacturer of heat-transfer products.
22nd October 2026

Beijer Ref sales up 20%

SWEDEN: Wholesaler Beijer Ref has recorded net sales of SEK11,641m (€1,047m) in Q3, a 20% increase on the same quarter in 2025.
21st October 2026

Stainless steel industrial hand valves

USA: Parker Hannifin has introduced a new range of stainless-steel hand valves for industrial refrigeration systems in North American and Latin American markets.