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Koppers Strengthens International
Strategy With New Vice President for Koppers Europe
Oct. 25, 2000, Pittsburgh, Pennsylvania — Koppers
has appointed MarkR. McCormack as vice president for Koppers Europe
effective Jan. 1, 2001. He will be responsible for all sales, purchasing,
business development and strategic planning.
McCormack will report
to David Whittle, vice president and general manager, Koppers Europe.
McCormack will relocate to Koppers Europe's
headquarters in Scunthorpe, England, with his wife Kelly and two
children. McCormack, 41, of New South Wales, Australia, is currently
general manager of Koppers Australia's carbon materials and chemicals
businesses and was formerly general manager at its carbon black
facility near Kurnell, NSW. He began his career with Koppers in
1985.
"This appointment reflects Koppers' intention to provide experienced
international management in support of its global growth plans," said
Walter Turner, CEO of Koppers from its world headquarters in Pittsburgh,
Pennsylvania. "This organizational change, following Koppers'
full acquisition of Tarconord A/S earlier this year, further demonstrates
Koppers' commitment to a world marketing strategy that integrates
the company's global personnel and operational resources to create
value for our customers and shareholders."
In May 2000, Koppers
completed the purchase of Tarconord A/S (Nyborg, Denmark), in
which it previously owned a 50 percent share. Koppers
now operates Europe's second largest coal tar distillation business,
manufacturing carbon pitch, carbon distillate and other chemical
products in facilities in Denmark and England.
Koppers is a global
integrated producer of carbon compounds and treated wood products
for use in a variety of markets including
the railroad, aluminum, chemical and steel industries. The Company
operates 22 facilities in the United States, 13 facilities in the
South Pacific (primarily Australia and New Zealand), three facilities
in the United Kingdom and one facility in Denmark. The Company
also maintains an indirect ownership interest in a facility in
the United States through its domestic joint venture KSA. Additionally,
the Company is the majority partner with Tanshan Iron & Steel
Company in a joint venture based in China. The Chinese joint venture
involves the rehabilitation and management of a carbon materials
distillation facility in Tanshan, China. This facility is expected
to be operational within the next 12 months. The Company's stock
is shared by a large number of employee investors and by majority
equity owner Saratoga Partners of New York City. |