The ICIS Kavaler Award, sponsored by The Chemists' Club in recognition for outstanding achievement as voted on by his peers, will be awarded to PPG Industries chairman and CEO Charles E. Bunch.
This unique global chemical industry award will be presented to Mr. Bunch at a black tie dinner ceremony on Thursday, October 30, 2013, at the Lotos Club 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 listinga global ranking of the people making the greatest impact on the chemical industry.
"We congratulate Mr. Bunch for his outstanding and newsworthy achievements, including a landmark deal to separate its commodity chemicals business and merge it with Georgia Gulf to create Axiall, boosting shareholder value significantly," said Joseph Chang, Global Editor of ICIS Chemical Business.
"Acquisitions to PPG's core coatings business have also added value, and this has continued into 2013 with the acquisition of AkzoNobel's North American architectural coatings business," he added.
"During the past several years PPG has made significant progress focusing our business portfolio and activities in pursuit of our vision to continue to be the world's leading coatings and specialty products company," said Charles E. Bunch, PPG chairman and CEO.
"I am pleased to accept this recognition on behalf of all PPG employees who have worked so hard to achieve these noteworthy accomplishments in our industry," he added.
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