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

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

China's Zhongtai Chemical calls off large-scale PVC project

September 12, 2014 2:16 pm ET

Accepting the gloomy reality of the PVC market, Xinjiang Zhongtai Chemical Co. Ltd. has officially canceled a 800,000-ton PVC resin project and...    More

Image

Parx launches production of Saniconcentrates antibacterial polymers

September 12, 2014 11:11 am ET

Parx Plastics has achieved commercial production of its Saniconcentrates-brand line of antibacterial polymers.    More

Image

Germany's Lehmann & Voss buys U.S.-based Performance Compounding

September 12, 2014 11:36 am ET

German compounding firm Lehmann & Voss & Co. KG has acquired Performance Compounding LLC for an undisclosed price.    More

Image

PolyOne says its TPE won't irritate skin in wearable electronics

September 12, 2014 10:58 am ET

PolyOne Corp.'s GLS thermoplastic elastomers unit says its Versaflex CE 3620 compounds have met all ISO 10993-10:2010 testing requirements with no...    More

Image

Addivant resumes Trimene production

September 10, 2014 5:29 pm ET

Additives maker Addivant has resumed production of its Trimene Base-brand curing agent for natural and synthetic rubber compounds.    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events