NEW YORK and LONDON, June 16, 2015 /PRNewswire/ --
The 2015 ICIS Kavaler Award, sponsored by The Chemists' Club, and in association with The Valence Group, will be awarded to Andrew N. Liveris, chairman and chief executive officer of The Dow Chemical Company (NYSE: DOW), in recognition for outstanding achievement as voted on by his peers.
This unique global chemical industry award will be presented to Mr. Liveris at a black tie dinner ceremony on Tuesday 27 October 2015, at the main branch of the New York Public Library in New York City.
The distinguishing feature of this award is that the winner is selected by his/her peers - the senior executives selected in the ICIS Top 40 Power Players listing - a global ranking of the leaders making the greatest impact on the chemical industry.
"Under the leadership of Mr. Liveris, Dow is making transformational moves - from feedstock advantaged capital investments on the US Gulf Coast and in the Middle East, to divestitures of non-core assets such as the tax-advantaged deal to carve-out the chlor-alkali and derivatives business," said Joseph Chang, global editor of ICIS Chemical Business.
"I am honored to be selected as the recipient of the 2015 ICIS Kavaler Award and proud to join a distinguished legacy of honorees," said Liveris. "This recognition belongs to all of Dow's women and men - our Human Element at work. It acknowledges our proactive and consistent implementation of Dow's market-driven strategy, as we continue to position our company for long-term value growth."
In the award selection process, ICIS and The Chemists' Club invited each of the ICIS Top 40 Power Players for 2014 to vote for three individuals in the ballot, based on newsworthy achievement in one or more of the following categories:
- Profitability/shareholder value
- Mergers and acquisitions (deals or integration)
- Projects/capital investment
- Innovation - technology, product, business process with an impact on industry and society
For more information on the ICIS Kavaler Award, please contact Bernard Petersen at ICIS, email@example.com, 646-961-0708 or Lewis Boxenbaum at The Chemists' Club, firstname.lastname@example.org, 917-836-3094.
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 is part of ICIS. ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts. With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Barcelona, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.
Subscribe to ICIS Chemical Business at http://www.icis-subs.com.
About Reed Business Information
Reed Business Information provides information and online data services to business professionals worldwide. Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day. RBI is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries. http://www.reedbusiness.com.
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from the intersection of chemical, physical and biological sciences to help address many of the world's most challenging problems such as the need for clean water, clean energy generation and conservation, and increasing agricultural productivity. Dow's integrated, market-driven, industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 180 countries and in high-growth sectors such as packaging, electronics, water, coatings and agriculture. In 2014, Dow had annual sales of more than $58 billion and employed approximately 53,000 people worldwide. The Company's more than 6,000 product families are manufactured at 201 sites in 35 countries across the globe. More information about Dow can be found at http://www.dow.com.
About The Chemists' Club
Founded in 1898, the Chemists' Club's mission is both professional and social. As a nonprofit 501(c)3 educational organization, it provides networking opportunities for members to mix and meet with others who share interests in chemical, paper, pharmaceuticals, metals, biotech, and similar industries. The Club is also working to introduce local college students to the range of career opportunities available in the chemical industry today. Members include chemists, chemical industry management, formulators, security analysts, attorneys, educators, and other professions. For more information about the Chemists's Club, please go to http://www.thechemistsclub.com.
About The Valence Group
The Valence Group is a specialist investment bank offering M&A advisory services exclusively to companies and investors in the chemicals, materials and related sectors. The Valence Group team includes a unique combination of professionals with backgrounds in investment banking and strategic consulting within the chemicals and materials industries, all focused exclusively on providing M&A advisory services to the chemicals and materials sector. The firm's offices are located in New York and London. http://www.valencegroup.com
ICIS Chemical Business
The Chemists' Club
The Dow Chemical Company
The Valence Group