10/04/2019

ELIX Polymers appoints new CEO

ELIX Polymers Board of Directors has appointed David Castañeda as CEO and Board Member for ELIX Polymers SL (“ELIX”) effective from 8^th April 2019. He succeeds Wolfgang Doering, who stepped down at the end of March.

Wolfgang Doering made a significant contribution to the development of ELIX Polymers, since 2012, under Sun European Partners LLP ownership, and 9^th of January 2019, when he led the first steps towards the integration of ELIX into the chemical group Sinochem International (Overseas) Pte. Ltd.

Thanks to his vision and under his leadership, ELIX has developed into an independent company, transformed from operating as a production-focused unit of a large chemicals conglomerate into a European standalone market leader with best-in-class products and service offering.

During this period, a new culture was created, attracting and developing talented and experienced professionals. This has allowed the profitable growth of the company while also achieving financial stability, creating a climate of cooperation between the different areas of the company to achieve more efficient and sustainable work processes and operations and placing the needs of the customers at the heart of the company’s strategy.

Xiaolei Zhang, Chairman of the ELIX Boards of Directors, said “The Board wishes to recognize and thank Wolfgang Doering for the successful way he developed the company. At the same time, we are pleased to announce David Castañeda’s appointment as the new CEO and Board Member. David is an experienced senior manager who will lead the company during this new stage. As the Board, we will support him in the development of ELIX as an ABS specialty producer under the ownership of Sinochem.”

David Castañeda has more than 15 years’ experience in the Polymer and Chemical industry, and he held various senior manager roles in Operations, Technology, and Business Development and Innovation.

In recent years, David Castañeda has been part of the successful transformation of this company, triumphantly leading the organisation to the next level of operational excellence, and identifying business opportunities that have supported the company’s growth and expansion.

David Castañeda commented: "I am very proud to be appointed. I look forward to continuing ELIX’s success, supported by our excellent ELIX team. We will work together to establish a global footprint under Sinochem ownership, implementing our ambitious growth plans as well as the strategic development of the company.”

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