ITMF Board Elections at Annual Conference 2018 in Nairobi, Kenya for term 2018-2020
Mr. Kihak Sung (Korea Rep.) elected as new ITMF President
On September 8, 2018 during the Annual Conference 2018 of ITMF, the International Textile Manufacturers Federation in Nairobi/Kenya, the Committee of Management of the Federation elected the members of the Board for the period 2018-2020.
Mr. Kihak Sung (Korea Rep.) was unanimously elected as the new President of the Federation. He was Born on July 8, 1947, in Korea.
1970 International Economics, Seoul National University Bachelor of Arts
2011 Honorary Doctorate of Business Administration, Hallym University
1974-1984 Founder & Partner, Youngone Corporation 1984-Present Chairman/CEO, Youngone Corporation
1992-Present Chairman/CEO, Youngone Outdoor Corporation 2008-Present Member of International Advisory Council, Brookings Institution
2014-Present Chairman, KOFOTI, the Korea Federation of Textile Industries
Youngone Corporation is a publicly listed Korea-based company (market cap of USD 2.2 billion) engaged in the manufacture of a wide range of sports & outdoor clothing, shoes and relative goods. Youngone supplies high-end products to the markets of North America, Europe and Asia (annual consolidated sales excess of USD 2.0 billion) and owns facilities in Bangladesh, Vietnam, China and El Salvador (hiring over 70000 local employees). Also the Company distributes its products within Korean domestic market recognized as the top outdoor brand in Korea.
The Korea Federation of Textile Industries (KOFOTI) is the national federation of all textile-related industries, with 27 textile industrial associations. It is a non-profit organization whose main duty is supporting and promoting the development of Korea’s textile industry.
Mr. Ruizhe Sun (China) and Mr. K.V. Srinivasan (India) were elected as Vice Presidents of the Federation.
Mr. Heinz Michel (Switzerland) was elected as the new Treasurer.
Mr. Loek de Vries (The Netherlands) and Mr. Rafael Cervone (Brazil) were re-elected as Board Members.
The Committee of Management elected Mr. Mohammad Kassem (Egypt), Mr. Juan Parès (Spain) and Mrs. Michelle Tjokrosaputro (Indonesia) as new Board Members.
Mr. Peter Gnägi (Switzerland), Mr. Andrew Macdonald (Brazil), Mr. John Cheh (Hong -Kong, China) and Mr. Muharrem Kayhan (Turkey) were co- opted as Board Members.
Mr. Jaswinder Bedi (Kenya) was appointed Honorary Life Member of the Federation in recognition of his outstanding contribution to the Federation as Vice President (2012-2016) and ITMF President (2016-2018).
The 2019 edition of ITMF’s Annual Conference is scheduled for October 20 – 22 in Porto, Portugal.
BASF Plastic Additives Middle East appoints new Managing Director for Bahrain
Appointment reflects BASF’s confidence in the region’s fast-growing polymer industry through local customer-specific antioxidant blends production
Continued support of the region’s vision to create sustainable long-term economic growth
BASF Plastic Additives Middle East (PAME), the state-of-the-art production facility for customer-specific antioxidant blends (CSB) in Bahrain, named Michael Wille its new Managing Director.
The appointment marks an important step in BASF’s support of the fast-growing polymer industry in the Middle East. As the leading manufacturer and supplier of plastic additives in the region, BASF plans to continue to boost the local production of CSB – additive blends tailored to meet specific customer needs. CSB are an integral part of the portfolio the company offers to the plastics industry.
Welcoming Wille on board, Frank Fasdernes, Vice President, responsible for the operating division Performance Chemicals in the Middle East, BASF, said: “We are pleased to have Michael Wille assume the role of Managing Director for Bahrain. His expertise and strengths in engineering and leadership will drive the continued growth of the company in this high-potential region and beyond. His well-deserved appointment is the outcome of his relentless efforts in BASF’s global expansion since 2002.”
“Since it began operations in 2012, BASF PAME has been the first wholly owned production facility for BASF’s Plastic Additives business in the Middle East and one of the largest of its kind in the world. We are proud to operate the site with the highest safety and environmental standards. Michael Wille will lead the competent team in Bahrain to maintain these standards and to ensure that we fulfil our commitment towards providing local production and services to the fast growing polymer market in the Middle East, especially to our key customers in the countries of the Gulf Corporation Council,” added Alberto Giovanzana, Vice President, Plastic Additives, Europe Middle East and Africa, BASF.
Over two decades, Wille has held several senior international positions within BASF, contributing to the company’s growth and expansion of operations across markets in Europe and Asia, primarily in the field of engineering and operations.
BASF is a leading supplier, manufacturer and innovation partner of plastic additives. Its comprehensive and innovative product portfolio includes stabilizers, which provide ease in processing, heat and light resistance to a variety of polymers and applications including moulded articles, films, fibres, sheets and extruded profiles.
lululemon athletica inc. names Sun Choe Chief Product Officer
lululemon athletica inc. announced on September 18, 2018, the promotion of Sun Choe to the role of Chief Product Officer. Ms. Choe joined lululemon in 2016 as Senior Vice President of Global Merchandising and subsequently assumed expanded responsibilities for all product functions on an interim basis.
Calvin McDonald, Chief Executive Officer of lululemon, said, “Sun has a proven track record leading world class product teams and her leadership has helped fuel our current success. I’m confident this is just the beginning of what Sun and her team will create for our guests.”
“I’m excited to continue the great work of our talented teams across design and merchandising as we extend our industry shaping product innovation,” said Ms. Choe.
Prior to joining lululemon, Ms. Choe served as Chief Global Product Merchant at Marc Jacobs and also served in senior merchandising roles at successful brands, including Urban Outfitters, West Elm, and Madewell.
lululemon athletica inc. is a healthy lifestyle inspired athletic apparel company for yoga, running, training, and most other sweaty pursuits, creating transformational products and experiences which enable people to live a life they love. Setting the bar in technical fabrics and functional designs, lululemon works with yogis and athletes in local communities for continuous research and product feedback.