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Our client, a highly respected NYSE-listed company, manufactures carbon compounds
and commercial wood treatment products. Their products are used in a variety of
niche applications in a diverse range of end-markets, including the aluminum,
railroad, specialty chemical, utility, rubber and steel industries. They serve
their customers through a comprehensive global manufacturing and distribution
network, with manufacturing facilities in the United States, Australia, China,
United Kingdom and Denmark.
The business has two principal divisions: Carbon Materials & Chemicals and,
Railroad & Utility Products. Through their Carbon Materials & Chemicals
business (65% of global sales and the primary business in China), they are the
largest distiller of coal tar in many locations around the world including North
America, Australia, United Kingdom and Scandinavia. Coal tar is processed into
five principal products: (a) carbon pitch, used in the production of aluminum
and steel; (b) phthalic anhydride, used in the production of plasticizers and
polyester resins; (c) creosote and carbon black feedstock, used in the treatment
of wood or as a feedstock in the production of carbon black; (d) carbon black,
used in the manufacture of rubber tires; and (e) naphthalene, used primarily as
a surfactant in the production of concrete.
Carbon pitch, phthalic anhydride, creosote (and carbon black feedstock) and naphthalene
are produced through the distillation of coal tar, a by-product generated through
the processing of coal into coke for use in steel and iron manufacturing. During
the distillation process, heat and vacuum are utilized to separate coal tar into
three primary components: carbon pitch (approx. 50%), creosote oils (approx. 30%)
and chemical oils (approx. 20%).
Approx. 90% of carbon pitch is sold to the aluminum business, typically under
long-term contracts ranging from three to five years. These contracts are predominately
negotiated by centralized sales departments in the United States, Australia and
Europe.
In China, their business is well established and successful including two existing
manufacturing facilities in North China together with further expansion plans. |
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Reporting to both the Sr. Vice President - Global Carbon Materials & Chemicals,
and the Global President & CEO, the successful incumbent will be responsible
for directing and coordinating all activities of the China business including
production and operations, pricing, sales, marketing, procurement, logistics and
finance. Other responsibilities include the board position of Vice Chairman in
both the existing Joint Ventures. Additional responsible include:
- Manage direct reports that oversee the daily operations and functions of the
division.
- Handle financial accountability for Division / China.
- Seek and review growth opportunities for the Company.
- Oversee activities that impact the Division’s and Company’s performance goals.
- Monitor legal and regulatory issues in China.
- Seek and review margin improvement opportunities on-going operations and functions
within the division.
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