Trostberg, April 3, 2019 – Ulli Seibel, CEO of AlzChem Group AG, informed the Supervisory Board today that he will leave the company on December 31, 2019 for personal reasons.
Markus Zöllner, Chairman of the Supervisory Board: “In recent years, Mr. Seibel has been instrumental in driving the realignment of AlzChem into a specialty chemicals company, including the associated investment program. We would like to express our sincere thanks to him for this. We therefore regret all the more Mr. Seibel's resignation at the end of the year.”
Ulli Seibel: “After ten exciting and successful years at the helm of AlzChem, it is time for me to pass on the baton. I will continue to be fully committed until the end of the year and ensure a smooth transition so that AlzChem Group AG can continue its growth course without interruption.”
AlzChem Group AG is a vertically integrated manufacturer of various chemical products based on the NCN chain. These are products with typical nitrogen-carbon-nitrogen bonding that are used in a wide variety of different industries. The company has a leading position in select niche markets. The strategic focus of growth and the main focus of its extensive research and development are on the business segment Specialty Chemicals. The company has around 1,500 employees at four sites in Germany and three other sites abroad.