Deignan named Americhem's new president

By Frank Esposito
Senior Staff Reporter

Published: January 7, 2014 4:32 pm ET
Updated: January 7, 2014 4:37 pm ET

Related to this story

Topics Materials Suppliers

Americhem Inc. has grown its executive ranks with the hiring of John Deignan as president of the firm.

Deignan, 46, was hired in November by Americhem, a color and additive concentrate maker in Cuyahoga Falls, Ohio. He had spent the previous 21 years in a variety of leadership roles at Diebold Inc., a maker of banking and security systems in nearby North Canton, Ohio.

As president, Deignan will lead the day-to-day operations of the company and foster Americhem's strategic relationships with customers, CEO Rick Juve said in a Jan. 7 news release.

Deignan's background and strengths in a variety of commercial roles "will serve as a solid foundation to assist Americhem in achieving its plans for global growth," Juve added.

In his new role, Deignan replaces Dorian Alexandrescu, who left Americhem in the second half of 2012.

Americhem ranks as one of North America's 30 largest compounders and concentrate makers, according to a Plastics News estimate. The privately held firm does not disclose sales figures, but market watchers estimate that its annual sales are more than $150 million.

In late 2012, Americhem acquired engineering resins compounder Infinity Compounding LLC, after opening a new plant in Liberty, N.C., earlier that same year. The firm employs 500 worldwide at sites in the U.S., England and China.


Comments

Deignan named Americhem's new president

By Frank Esposito
Senior Staff Reporter

Published: January 7, 2014 4:32 pm ET
Updated: January 7, 2014 4:37 pm ET

Post Your Comments


Back to story


More stories

Image

BASF keeps innovating to drive customers

March 2, 2015 11:39 am ET

Materials giant BASF Performance Materials is keeping innovation alive with new products and processes.    More

Image

BASF earnings up despite 'disappointing economic development' for Europe

March 2, 2015 10:50 am ET

Chemicals giant BASF SE said Feb. 27 it had hit its goal for 2014, increasing earnings, “despite the disappointing economic development in...    More

Image

Borealis reports record profit for 2014

March 2, 2015 10:29 am ET

Borealis AG, the Austria-headquartered chemicals giant, announced record annual net profits, numbers the group said were boosted by improved margins...    More

Image

Experts explain why resin sales are down in a healthy US economy

February 27, 2015 1:58 pm ET

The economies of the U.S. and Canada posted solid growth in 2014 — even though resin demand in those countries lagged behind.    More

Image

Industry vet Dwight Morgan joins M. Holland

February 27, 2015 1:55 pm ET

Resin distribution leader M. Holland Co. has hired industry veteran Dwight Morgan as its vice president of corporate development.    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