BNET Industries
Last Fiscal Year Sales:$811.3M
- Public
- US
Dow Jones Description
Sterling Chemicals, Inc. is a leading North American producer of selected petrochemicals used to manufacture a wide array of consumer goods and industrial products throughout the world. Its primary products are acetic acid and plasticizers.
Co-Chief Executive Officer
David G. ElkinsNumber of Employees 117
Peer Companies
NAICS Code All Other Basic Organic Chemical Manufacturing: 325199
News & Analysis
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sterling chemicals inc. - All News and Analysis
Sterling inks deal for Pulp Chemicals unit. (News).(Sterling Chemicals Inc. to sell division to Superior Propane Income Fund)(Brief Article)
STERLING CHEMICALS Inc. has entered into an agreement to sell its pulp chemicals division to Canada's Superior Propane Income Fund for $375 million in cash, subject to "certain adjustments," the company says. Toronto, Ontario-based Sterling Pulp Chemicals operates five plants in Canada and one in the...
Superior propane diversifies with chemical company acquisition
In order to grow and diversify, Superior Propane Inc. is buying the Canadian pulp chemicals business of U.S.-based Sterling Chemicals Inc. for $590 million. With this acquisition, the Superior Propane Income Fund, which owns the Calgary-headquartered propane distributor, cash distributions are expected to increase 10% in 2003. "Our strategy...
Sterling posts $6.9 million in 3Q profit; denies Diassi claims. (CNI Report).(Sterling Chemicals Inc., Frank Diassi)(Brief Article)(Statistical Data Included)
STERLING Chemicals Inc. has posted net income of $6.9 million in its fiscal third quarter on an increase in styrene sales. The company also stated in a filing with the Securities and Exchange Commission SEC that it denies certain claims by former CEO Frank Diassi. ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| David G. Elkins | Co-Chief Executive Officer |
| John V. Genova | President and Chief Executive Officer |
| John R. Beaver | Chief Financial Officer |
| Paul G. Vanderhoven | Cfo |
| Kenneth M. Hale | General Counsel, Secretary & Senior Vice President |
| Paul Rostek | Senior Vice President, Commercial |
| Walt Treybig | Senior Vice President, Manufacturing |
| Walter Treybig | Senior Vice President, Manufacturing |
| J. Stanley Land | Vice President, Commercial Mgmt |
| Marc S Kirschner | |
| Sam Kemper | Secretary |
| Bruce Moore | Treasurer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John W. Gildea | Compensation Committee Chairman |
| Allan R. Dragone | Board of Directors |
| Byron J. Haney | Board of Directors |
| Dr Peter Ting Kai Wu | Board of Directors |
| Frank J. Hevrdejs | Board of Directors |
| George J. Damiris | Board of Directors |
| John L. Garcia | Board of Directors |
| Karl W. Schwarzfeld | Board of Directors |
| Philip M. Sivin | Board of Directors |
| Richard K. Crump | Board of Directors |
| Rolf H. Towe | Board of Directors |
| Steven L. Gidumal | Board of Directors |
| T. Hunter Nelson | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Co-Chief Executive Officer | Current |
| Keyassets, Inc. | Current | |
| The Houston Exploration Company | Director | Current |
| The M & A Researcher | Director | Current |
| Pliant Corporation | Director | Current |
| Zilog Inc. | Director | Current |
| Eletronicsbuzz.Com | Director | Current |
| Lrg Capital Group, LLC | Director | Current |
| Iconix Research | Director | Current |
| Sterling Chemicals, Inc. | President | Former |
| Andrews Kurth Llp | Senior Partner | Former |
| Southern Methodist University | Jd | Former |
| The University of Texas | Bba | Former |
| University of Texas at Arlington | B.B.A. Degree | Former |
| The University of Texas at Arlington | Bachelor in Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | President and Chief Executive Officer | Current |
| Encore Acquisition Company | Board of Directors | Current |
| Sterling Chemicals, Inc. | Board of Directors | Current |
| Chanin Capital Partners | Board of Directors | Current |
| Encore Acquisition Company | Committee Member | Current |
| Holly Corporation | Executive Vice President, Refining and Marketing | Former |
| ExxonMobil International Limited | Director of International Gas Marketing | Former |
| Gerson Lehrman Group | Energy Advisor | Former |
| Colorado School of Mines | Bachelor of Science Degree In Chemical and Petroleum Refining Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Chief Financial Officer | Current |
| Sterling Chemicals, Inc. | Senior Vice President, Finance | Current |
| Sterling Chemicals, Inc. | Corporate Controller | Current |
| Pioneer Companies, Inc. | Vice President | Former |
| Pioneer Companies, Inc. | Corporate Controller | Former |
| Sterling Chemicals, Inc. | Financial Management Positions | Former |
| Monsanto Company | Financial Management Positions | Former |
| The University of Texas at Austin | Bachelor of Business Administration Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Cfo | Current |
| Sterling Chemicals, Inc. | Senior Vice President, Finance | Former |
| Sterling Chemicals, Inc. | Corporate Controller | Former |
| Monsanto Company | Former | |
| Miami University | Mba | Former |
| Walsh University | Bachelor of Arts Degree In Accounting | Former |
Mr. Hale has been our General Counsel since January of 2001 and our Senior Vice President and Corporate Secretary since January of 2003. On January 1, 2005, Mr. Hale also became the head of our Human Resources and Administration Department. Prior to becoming one of our Senior Vice Presidents, Mr. Hale served as one of our Vice Presidents from October 1, 2002 through January of 2003. Prior to becoming General Counsel, Mr. Hale served as our Senior Counsel from July of 2000 through January of 2001, and as Assistant General Counsel from December of 1997 through July of 2000. Prior to joining us, Mr. Hale was an associate attorney at the law firm of Andrews & Kurth L.L.P. from January 1994 until December 1, 1997, and at the law firm of Honigman Miller Schwartz and Cohn from May 1990 until December 1993, where he specialized in mergers and acquisitions, finance, securities and general corporate matters. Mr. Hale holds a Bachelor of Science degree in Political Science from Michigan State University and a Juris Doctorate degree from The College of William and Mary, Marshall-Wythe School of Law (Order of the Coif).
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | General Counsel, Secretary & Senior Vice President | Current |
| Sterling Chemicals, Inc. | Secretary | Current |
| Honigman Miller Schwartz and Cohn Llp | Associate Attorney | Former |
| Sterling Chemicals, Inc. | Head of Our Human Resources and Administration Department | Former |
| Michigan State University | Bachelor of Science Degree In Political Science | Former |
Paul C. Rostek is our Senior Vice President-Commerical. Prior to attaining this position, Mr. Rostek was our Vice President-Nitriles, with responsibility for our acrylonitrile, sodium cyanide, tertiary butylamine, disodium iminodiacetic acid, and acetonitrile products and then served as our Vice President-Corporate Alliance & New Ventures. Previously, Mr. Rostek served as Vice President ERCO System Group based out of Toronto Canada. Mr. Rostek joined us when we acquired our chemicals business from Tenneco Inc. in August 1992.
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Senior Vice President, Commercial | Current |
| Tenneco, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Senior Vice President, Manufacturing | Current |
| PPG Industries, Inc. | Former | |
| Tulane University | MBA | Former |
| Texas A&M University | Bachelor of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Senior Vice President, Manufacturing | Current |
| Health-Corp | Manager | Current |
| The Environmental Company, Inc. | Manager | Current |
| Sterling Chemicals, Inc. | Plant Manager | Former |
| PPG Industries, Inc. | Former | |
| Tulane University | MBA | Former |
| Texas A&M University | Bachelor of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Vice President, Commercial Mgmt | Current |
| The Dow Chemical Company | Regional Vice President of Sales | Former |
| Equistar Chemicals, LP | National Accounts Manager | Former |
| The Dow Chemical Company | Corporate Account Executive | Former |
| University of Virginia | Bachelor of Science Degree In Education | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Current | |
| Levitz Home Furnishings Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Secretary | Current |
| Sterling Chemicals, Inc. | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Misonix Inc. | Executive | Current |
| Sterling Chemicals, Inc. | Compensation Committee Chairman | Current |
| America Service Group, Inc. | Board of Directors | Current |
| Misonix Inc. | Director | Current |
| Sterling Chemicals, Inc. | Board of Directors | Former |
| The University of North Carolina | Director | Former |
| GenTek Inc. | Director | Former |
| University of Pittsburgh | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Treasurer | Current |
| Sterling Chemicals, Inc. | Director of Treasury Operations | Former |
| Sterling Chemicals, Inc. | Petrochemicals Division Controller | Former |
| Sterling Chemicals, Inc. | Treasurer | Former |
| KPMG International | Former | |
| Texas A&M University | Bachelor of Business Administration Degree | Former |
| Organization | Position | Status |
|---|---|---|
| First Commercial Credit Corp | Executive Officer | Current |
| Sterling Chemicals, Inc. | Board of Directors | Current |
| First Commercial Credit Corp | Director | Current |
| Levitz Home Furnishings Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Pacific Partnership Advisors LLC | Current | |
| Continental Carbon India, Ltd. | Chairman | Current |
| Sterling Chemicals, Inc. | Board of Directors | Current |
| China Synthetic Rubber Corporation | Chief Executive Officer | Former |
| Continental Carbon Company | Chief Executive Officer | Former |
| China Synthetic Rubber Corporation | President | Former |
| Continental Carbon Company | Vice Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Board of Directors | Current |
| First Commercial Credit Corp | Director | Current |
| Services, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Board of Directors | Current |
| Sterling Chemicals, Inc. | Chief Executive Officer | Former |
| Sterling Chemicals, Inc. | President | Former |
| Sterling Chemicals, Inc. | Executive Vice President, Operations | Former |
| Sterling Chemicals, Inc. | Director, Commercial | Former |
| Sterling Chemicals, Inc. | Environmental, Health & Safety Committee Chairman | Former |
| The University of New Mexico | Bachelor of Science Degree In Mechanical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Resurgence Asset Management, L.L.C | Co-Chief Investment Officer | Current |
| Re Surgence | Co-Chief Investment Officer | Current |
| Resurgence Asset Management, L.L.C | Managing Director | Current |
| Re Surgence | Managing Director | Current |
| Sterling Chemicals, Inc. | Board of Directors | Current |
| Rothschild Inc. | Investment Banker | Former |
| Rothschild Inc. | Investment Banker | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Chemicals, Inc. | Board of Directors | Current |
Executive News
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Sterling Chemicals Wins Rail Car Injury Case
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