Illinois company president shot, wounded by long-time employee

By Gayle S. Putrich
Staff Reporter

Published: December 30, 2013 8:14 pm ET
Updated: December 30, 2013 8:39 pm ET

Related to this story

Topics Materials Materials Suppliers
Companies & Associations

DynaChem President and CEO Keith Rife sustained non-life threatening injuries after being shot in the head and hip by a long-time employee during a Dec. 26 performance review, according to local reports.

The employee, identified as chemist Wayne Woodson, 65, then killed himself with the handgun he had pulled from his briefcase. He was pronounced dead that the scene according to the Champaign-Urbana News-Gazette. Woodson was DynaChem's director of new technologies and had been with the company for more than 20 years.

The a small, privately held industrial chemical maker based in Georgetown, Ill., about 30 miles from Champaign, produces a bio-based material for thermoset resin developer Cara Plastics Inc. of Newark, Del. Cara targets the closed-mold market for high-performance parts and large structures, such as Cara-designed hurricane-resistant roofs. The soy-based product is suitable for resin transfer molding, vacuum-assisted RTM and compounds for sheet molding and bulk molding with many different reinforcement fibers, from carbon to feathers. DynaChem also makes a wide variety of epoxy, furan and phenolic resins.

Urbana's Carle Foundation Hospital, where the News-Gazette reported Rife was taken via ambulance and later interviewed by Vermilion County sheriff's office investigators would not comment on Rife's condition, or even confirm that he is a patient there.


Comments

Illinois company president shot, wounded by long-time employee

By Gayle S. Putrich
Staff Reporter

Published: December 30, 2013 8:14 pm ET
Updated: December 30, 2013 8:39 pm ET

Post Your Comments


Back to story


More stories

Image

Dow Chemical to merge chlorine operations with Olin

March 27, 2015 12:43 pm ET

Dow Chemical Co. is combining a large part of its chlorine value chain with specialty chemicals and ammunition maker Olin Corp. to create a global...    More

Image

Eastman Chemical expanding Tritan co-polyester capacity

March 27, 2015 10:00 am ET

Eastman Chemical Co.'s Tritan-brand co-polyester business continues to grow, with 35 million pounds of capacity added late last year and a second...    More

Image

PolyOne's Patterson focused on keeping the momentum going

March 27, 2015 9:30 am ET

New PolyOne CEO Robert Patterson sees a lot of good things when he looks at his company, which ranks as North America's largest compounder and...    More

Image

Improvements to Radici's nylon line takes it into more applications

March 27, 2015 9:00 am ET

Radici Group, the Italian-headquartered materials firm, outlined the benefits of its Radilon and Radistrong nylon products at NPE 2015.    More

Sun Plastech, Plastics Color Corp. note major milestones at NPE

March 27, 2015 9:00 am ET

Sun Plastech Inc. and Plastics Color Corp. — two well-known materials firms — are marking anniversaries at NPE 2015.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events