Singapore, January 12, 2023
DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, has announced its key leadership changes to Global Management with immediate effect.
Yalin Xu has been appointed Managing Director and President of DyStar Group by the Board of Directors. He will be directly responsible for the management and operations of DyStar Group. Mr Xu first joined DyStar in 2010 and has since been the Executive Board Director.
Eric Hopmann has been redesignated as CCO (Chief Commercial Officer), with a focus on Sales and Marketing of DyStar Group. He will continue to report to Yalin Xu. Mr Hopmann was with DyStar when the company started in 1995 and has been leading various leadership positions at DyStar Group, including the most recent CEO role, to which he was appointed in 2014.
DyStar’s leadership change is in response to the rapid global market changes, and more importantly, is to enable the group to accelerate growth and drive productivity. The change will enable DyStar Group to streamline our operations and better utilise our resources efficiently across our network.
DyStar remains committed to delivering sustainable products and solutions to our customers and supply chain.
DyStar is a leading specialty chemical company with a heritage of more than a century in product development and innovation from the textile industry. Today, the company operates with more than 1700 employees spanning across 50 countries and with 16 production sites, supporting customers from diverse sectors and supply chains with reliable products and solutions.
DyStar is committed to sustainability. Our service supports the supply chain, including brands, retailers and their industry partners, to ensure that they meet stringent quality and ecological specifications in a cost-efficient way and with short lead times.