Since joining Hexion in early 2023, President and CEO Michael Lefenfeld has led a bold transformation of the company, and repositioned itself from a commodity supplier to a technology-driven, solutions-focused partner serving multiple industries.
In a recent conversation with Chemical Week, Lefenfeld highlighted how this transformation has redefined Hexion’s future and set the stage for a strong era of growth.
Key highlights include:
- Business Transformation: A full-scale reset, driven by innovation, agility, and execution.
- AI & Digital Intelligence: Integration of artificial intelligence and advanced analytics, supported by the acquisition of Smartech.
- Innovation & R&D: Expansion of global R&D capabilities while opening a new facility in Dublin, OH.
- Strategic Partnerships: Collaboration with Bloom Biorenewables to advance renewable adhesive technologies—one of many industry partnerships.
- Growth Outlook: Entering 2025 with momentum, focusing on opportunities in building materials, packaging, and cellulose-based products.
- Cultural Shift: Empowering employees to lead with innovation, driving new ideas that create lasting performance improvements.
