Infineum announces changes to Executive Committee - Will Infineum Take A More Active Role As EMRE R&D Shrinks?

January 28, 2022
Fuels & Lubes Magazine

The global additive manufacturer Infineum, a jo--t venture between ExxonMobil and Shell, announced that three new positions have been added to the Infineum Executive Committee, in a restructuring that will support its vision to transform into a world-class sustainable specialty chemicals company.

(1) Maurizio Abbondanza joins the Executive Committee as Sustainability director accountable for coordination, design, and integration of Infineum’s sustainability strategy.

(2) Kim Shee Young joins the Executive Committee as director of Business Growth accountable for leading and accelerating Infineum’s growth agenda.

(3) Felicia Tan joins the Executive Committee as Global IT director accountable for formulating information technology (IT) strategies and driving technologies and digitalisation.

In addition, Infineum announced it has “adjusted” the following positions to better support its customers.

(1) Reflecting its aspiration to be a more customer-centric business, Sales and Marketing have been merged into one role for Aldo Govi as EVP Commercial, accountable for customer relationships and short and long-term profitability.

(2) Phil Creteur takes on the new role of chief finance officer and EVP Corporate Strategy and Transformation. Alongside his financial accountabilities, Creteur will be driving the transformation of Infineum into a sustainable speciality chemicals company with industry leading customer experience.

(3) Rebecca Oldfield takes on the role of EVP Innovation and Technology accountable for delivering innovative products and solutions to meet customers’ needs in current and future markets.

Four roles remain unchanged. Trevor Russell, CEO; Chris Locke, EVP Supply and Operational Excellence; Carl Howard, general counsel and Mike Chen, president of Infineum China.

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Would love to know who is producing synthetic for the Costco Kirkland Brand, it’s very reasonably priced and I think I remember seeing Dexos approved, just saying……Mobil 1 just getting really expensive….NASCAR is expensive…..pass me another Tote Box

Competition is tough in lubricants especially when Amazon is selling their own brand of Mobil 1 for a significant discount compared to the equivalent Mobil 1 viscosity grade.

Amazon Basics Full Synthetic Motor Oil - 0W-20 - 5 Quart

8 out of 5 stars 25,829 ratings | 774 answered questions

We are indeed a commodity business including lubricants. Wait until the EV's penetrate the market and less lubricants are needed for cars and trucks.

Cat and Volvo , passenger car oil ,can run at Infineum ,can’t wait to see lights on again in #2 , and there is a bathroom and showers there too not like the mess they built in Clinton. Linwood for happy hour! you will see major outsourcing begin 2022-23 at Annandale, first bet is blending. Mobil one is getting very expensive, 0w-20 $30.00 at Walmart, Valvoline full synthetic, 0w20 at least $5.00 less, I believe we have lost some factory fill also. Put your seat belts on Annandale! Management lies.

All of the passenger car, light diesel, heavy duty diesel and marine engine oil product development could be handed over to Infineum. To be honest, most of the lubricants R&D has already been contracted out to additive suppliers, supposedly allowing EM technologists to work on the high technology, super-duper stuff.

Unfortunately, fewer and fewer customers are buying the super-duper stuff (several industrial lube products have failed to take off), because the regular, “me too” competitive grades are already good enough.

As we see vehicle manufacturers move away from internal combustion engines to electric motors, engine development will stop - meaning that the end of engine oil development is approaching. No need even for the Mobil 1 team anymore. Marine is mostly formulated by Infineum and Oronite now. Industrial is mostly Afton and Lubrizol.

The corporation could easily ki-l all projects not related to Base Stock production (good business), algae and carbon capture (PR purposes). Goodbye Annandale and most of its people. A lucky few might go to Infineum. A few more - not so lucky - might go to Houston or Baton Rouge. The rest …. good luck on the job market !

Open up the doors to building 2 air it out and turn the lights on.

Thread regarding ExxonMobil Corp. layoffs

Infineum announces changes to Executive Committee - Will Infineum Take A More Active Role As EMRE R&D Shrinks?

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