BNET Industries
Last Fiscal Year Sales:$1.5B
- Private
- US
Dow Jones Description
Millennium Inorganic Chemicals ("MIC") (www.millenniumchem.com) is a wholly-owned subsidiary of Cristal. "TASNEE," a Saudi major diversified company with chemicals and petrochemicals operations, owns 66 percent of Cristal, while 33 percent of Cristal is owned by Gulf Investment Corporation ("GIC"), an investment house established in Kuwait by the GCC countries.
Senior Vice President
Peter HanikNumber of Employees 749
Peer Companies
NAICS Code Support Activities for Coal Mining: 213113
News & Analysis
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millennium chemicals inc. and ppg industries - All News and Analysis
A gloomy outlook for third-quarter earnings.(United States/Americas)
- 2003-10-22
Analysts are forecasting that third-quarter earning for chemical makers will generally fall below year-ago levels. DuPont has already warned that earnings will fall sharply (CW, Sept. 24, p. 11). Companies including Eastman Chemical, Great Lakes Chemical, Millennium Chemicals, Rohm and Haas, and Solutia have warned that...
CW75 stock performance.(Illustration)
- 2003-03-19
The CW75 slipped 1% last week, approaching its 52-week low of 85.77 reached on October 9, amid concerns about rising costs, and investor jitters across all regions. The CW75 faired better than the Morgan Stanley world composite and Standard & Poor's 500 indexes, however; they fell...
CW75 stock performance.(Illustration)
- 2003-02-12
Chemical stocks in the CW75 continued to fall last week, as more companies reported poor fourth-quarter results, and warned on full-year 2003 earnings because of rising raw material costs and weak pricing. The CW75 index fell about 1.6%, lagging the Morgan Stanley Composite Index, which slipped...
Campaign receives $300,000 in new contributions
- 2001-04-01
Fluor Corporation, Millennium Chemicals, and PPG Industries have each contributed $100,000 to AIChE Foundation's 21st Century Campaign this month, announced John Sofranko, AIChE's executive director. "We'd like to express our thanks to all three companies for their generous gifts which will aid in the development of new technologies, performance-based educational...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Peter Hanik | Senior Vice President |
| Amy N Drusano | Manager, Communications |
| Jack Lushefski |
Extensive management background in many disciplines including general management, research & development, manufacturing, information technology, e-business, quality, and health-safety-environmental. Strong and effective leader able to establish vision and strategy and build consensus across functions to achieve the organization's goals, as well as developing new products, negotiating and managing licenses, joint ventures, and all intellectual property matters. Mr. Hanik most recently was Senior Vice President of Ideation International, has held positions of Senior Vice President Technology, Millennium Chemicals; President and CEO, Millennium Petrochemicals; Vice President Chemicals & Supply Chain, Quantum Chemical; Vice President Reengineering and Information Systems, Quantum Chemical. Mr. Hanik holds a B.S. in Chemical Engineering from Illinois Institute of Technology and an MBA from the University of Chicago.
| Organization | Position | Status |
|---|---|---|
| Millennium Chemicals | Senior Vice President | Current |
| Pretium | Managing Director | Current |
| Outcompete | Managing Partner, Pretium Consulting Services, Llc | Current |
| Information Systems Inc | CEO | Former |
| Information Systems Inc | President | Former |
| Ideation International, Inc. | Senior Vice President | Former |
| Millennium Chemicals | Regional Sales Manager | Former |
| University of Chicago | MBA | Former |
| Illinois Institute of Technology | B.S. In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Millennium Chemicals | Manager, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Millennium Chemicals | Current | |
| The Pennsylvania State University | B.S. Degree | Former |
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