10 Nov 2010
The America International Group has announced that the Chemical Industry Medal will be presented to J Brian Ferguson, Executive Chairman of the Board of Eastman Chemical Company. He will receive the medal at a dinner in his honour on 8 March 2011, at the Waldorf Astoria Hotel in New York.
'Brian Ferguson is a passionate and effective advocate for the chemical industry,' said Sunil Kumar, Chairman of the SCI. 'He is receiving the medal in recognition of his leadership in the successful restructuring of his company during a period of tremendous change.'
J Brian Ferguson became Chairman and CEO of Eastman in 2002, a time when the country was in a recession and the industry in a downturn. He took decisive actions to restructure the company’s portfolio and reduce cyclicality of its businesses. These actions led to solid performance by Eastman during the worst markets conditions in a generation, and positioned the company to set record earnings coming out of the recession. As a spokesman for the industry, Mr. Ferguson is currently the Chairman of the American Chemistry Council, and has also served as a Director of the National Association of Manufacturers, and a member of the Business Roundtable.
About the Chemical Industry Medal
The Chemical Industry Medal has been awarded by SCI America for more than 85 years. Presentation is made annually to a recipient selected by the Group's Executive Committee. The medal is a testimonial to men and women whose leadership, foresight and contributions to applied chemistry have been, to a considerable degree, responsible for the growth of that industry. The medal has attained distinction by reason of the outstanding achievements and calibre of those who have been honoured. Past recipients include Michael E Campbell, Jeffrey M Lipton, Dennis H Reilley, Raj L Gupta, and Jon M Huntsman. More
About SCI and SCI America
SCI is a unique international forum where science meets business on independent, impartial ground. Anyone can join where they can share and exchange information, ideas, new innovations and research and access SCI's growing database of member specialists between sectors as diverse as food and agriculture, pharmaceuticals, biotechnology, environmental science and safety. Originally established in 1881, SCI is a registered charity with members in over 70 countries. For more information on SCI activities and publications, publications, click here.
The America International Group, launched in 1894 provides a unique networking forum for chemical industry leaders, industrial scientists and technologists to exchange new business ideas and best practices. It celebrates achievement to promote public awareness of the contributions of industrial chemistry and inspire students to enter technical careers.
The Group also offers its members the opportunity to become part of an international network of industry thought leaders and researchers. Through specialised conferences, e-events, and publications, it helps foster best practices in fields as diverse as fine and commodity chemicals, food, pharmaceuticals, biotechnology, agriculture, and environmental protection. SCI America events are managed by Chemical Heritage Foundation. www.chemheritage.org
About Eastman Chemical
Eastman’s chemicals, fibres and plastics are used as key ingredients in products that people use every day. Approximately 10,000 Eastman employees around the world blend technical expertise and innovation to deliver practical solutions. The company is committed to finding sustainable business opportunities within the diverse markets it serves. A global company headquartered in Kingsport, Tenn., USA, Eastman had 2009 sales of $5 billion. For more information, visit www.eastman.com.