Sartomer Company Names Marcel de Wolf Chief Executive Officer
EXTON, Pa., June 30, 2008 - Global specialty chemicals manufacturer Sartomer Company today named Marcel de Wolf as chief executive officer, succeeding Dr. Luigi Colantuoni, who accepted a new assignment with Sartomer's parent company, TOTAL S.A., in Paris.
In the new position, de Wolf will report to Bernard Pinatel, chief executive officer of Cray Valley, the resins division of TOTAL Specialty Chemicals Branch. He will be responsible for general management of Sartomer, with $575 million in annual sales, 13 manufacturing sites and nearly 600 employees. He will focus on the company's continued global expansion, particularly new investment projects in the Far East, the Americas and Europe.
From 2006 to 2008, de Wolf was vice president of the Coatings Resins Group for Cook Composites and Polymers (CCP), a sister company of Sartomer within TOTAL Specialty Chemicals Branch. In that position, de Wolf was responsible for CCP's liquid and powder resins, emulsions, and additives businesses.
Previously, de Wolf held various management positions with SigmaKalon BV, a multi-national paint and coatings manufacturer. These included assignments in Europe, the Middle East, and Asia. He also served as president/CEO of Sigma Coatings USA, Inc., which suffered complete loss in Hurricane Katrina, and whose U.S. activities were assumed by SigmaKalon-Netherlands.
Sartomer Company, part of TOTAL's Chemicals branch, is a U.S.-based manufacturer of specialty chemicals. Headquartered in Exton, Pa., Sartomer provides a variety of specialty chemicals designed to enhance processing and performance characteristics in coatings, inks, elastomers, adhesives, sealants, composites, and other demanding applications. The company's product offering includes more than 700 monomers and oligomers, polybutadiene resins, styrene maleic anhydride resins, and other specialty chemicals.
Contacts:
James D. Zawicki
Manager, Marketing Communications
Sartomer Company
(610) 594-7360
jim.zawicki@sartomer.com
Daniel J. Brennan
Senior Public Relations Executive
Schubert Communications
(610) 269-2100, X223
dbrennan@schubert.com
www.sartomer.com
