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12.09.2023

IVC Board: Stefan Braun succeeds Klaus Holz

The new chairman of the Industrievereinigung Chemiefaser e. V. is Stefan Braun, managing director of Indorama Ventures Mobility Obernburg GmbH.

Braun, who had already held the chair twice between 2014 and 2020, was elected in June 2023 at the IVC annual members' meeting in Lenzing, Austria. Klaus Holz, Managing Director of Indorama Ventures Fibers Germany GmbH, was not available for re-election after one term as IVC Chair and two previous terms as Vice-Chair.

The IVC General Assembly appointed Dieter Feldmann, Managing Director of CERDIA Produktions GmbH, as Deputy Chairman. He succeeds Werner Häller, COO of Monosuisse AG, who did not stand for this position. The previous Treasurer of the IVC, Dr. Till Boldt, Managing Director of ENKA International Lux SE & Co. KG, was confirmed in office for the fifth consecutive term.

All elections took place according to rotation. Deviating from the usual mandate of 3 years, the Board of Directors had itself elected for a shortened term until June 2024.

The new chairman of the Industrievereinigung Chemiefaser e. V. is Stefan Braun, managing director of Indorama Ventures Mobility Obernburg GmbH.

Braun, who had already held the chair twice between 2014 and 2020, was elected in June 2023 at the IVC annual members' meeting in Lenzing, Austria. Klaus Holz, Managing Director of Indorama Ventures Fibers Germany GmbH, was not available for re-election after one term as IVC Chair and two previous terms as Vice-Chair.

The IVC General Assembly appointed Dieter Feldmann, Managing Director of CERDIA Produktions GmbH, as Deputy Chairman. He succeeds Werner Häller, COO of Monosuisse AG, who did not stand for this position. The previous Treasurer of the IVC, Dr. Till Boldt, Managing Director of ENKA International Lux SE & Co. KG, was confirmed in office for the fifth consecutive term.

All elections took place according to rotation. Deviating from the usual mandate of 3 years, the Board of Directors had itself elected for a shortened term until June 2024.

IVC Managing Director Dr Wilhelm Rauch will leave IVC after almost 22 years when his contract expires on 31 January 2024 and will take on new tasks. The chemist with a doctorate and REACH expert is looking forward to making his expertise available to companies across sectors in the future.

Source:

Industrievereinigung Chemiefaser e.V. (IVC)

05.05.2023

Indorama Ventures in Obernburg focuses on automotive sector and specialties

Indorama Ventures at the Obernburg site (Germany) will focus on the core markets of tires and automotive safety/airbags and specialties, as well as drive selected product innovations for application in new market segments. Accordingly, the company plans to adjust its capacity at the Obernburg site and cut around 80 of the current 620 total jobs by the end of the year in production and supporting functions.

Stefan Braun, Managing Director of Indorama Ventures at Industrie Center Obernburg, said, “Global competitive pressure in the man-made fibers industry continues. While our customers value us as one of their leading technology partners, particularly in the development and production of nylon yarns, the cost pressure in the production of individual polyester-based yarns has increased continuously in recent years. We are therefore convinced that we have made the right decision to focus on our core competencies to remain successful in the long term.”

The jobs cuts affect both production and administration and sales positions. Representatives of the company and the Works Council together informed employees about the situation on May 4.

Indorama Ventures at the Obernburg site (Germany) will focus on the core markets of tires and automotive safety/airbags and specialties, as well as drive selected product innovations for application in new market segments. Accordingly, the company plans to adjust its capacity at the Obernburg site and cut around 80 of the current 620 total jobs by the end of the year in production and supporting functions.

Stefan Braun, Managing Director of Indorama Ventures at Industrie Center Obernburg, said, “Global competitive pressure in the man-made fibers industry continues. While our customers value us as one of their leading technology partners, particularly in the development and production of nylon yarns, the cost pressure in the production of individual polyester-based yarns has increased continuously in recent years. We are therefore convinced that we have made the right decision to focus on our core competencies to remain successful in the long term.”

The jobs cuts affect both production and administration and sales positions. Representatives of the company and the Works Council together informed employees about the situation on May 4.

The aim is to make the adjustments as acceptable as possible. Braun added, “We are prepared to talk to employees who will reach retirement age soon and who wish to leave the company early.” The company and employee representatives will agree on suitable measures in the coming weeks.

Source:

Indorama Ventures Mobility Obernburg GmbH