Quincy, MA (September 15, 2014) The Board of Directors of Myriant Corporation is pleased to announce the appointment of Cenan Ozmeral, Ph.D., to President and Chief Executive Officer effective immediately. Dr. Ozmeral has been with Myriant since November 2008, following a stellar 29-year career in senior management roles at BASF, a leading global chemical company. At Myriant Corporation, Dr. Ozmeral began employment as Senior Vice President and General Manager, Specialty Chemicals, and has served most recently as President and Chief Operating Officer. Dr. Ozmeral holds an MBA from Louisiana State University, a Ph.D. from the University of New Orleans in Organic Chemistry, an M.S. from Pennsylvania State and a B.S. from Robert College, both in Chemistry.
Myriant Corporation has a proven technology platform and strategic feedstock selection to deliver high-quality, high-performing, green chemicals at a competitive cost. Our platform produces a broad pipeline of bio-based chemicals including bio-succinic acid and its derivatives which integrate seamlessly into existing chemical production for multiple consumer applications.
Myriant's flagship bio-succinic acid chemical plant is located in Lake Providence, Louisiana and is the first of its kind and scale in North America. Myriant's technology platform produces bio-succinic acid while greatly reducing greenhouse gas emissions for a product that traditionally has been manufactured from petroleum. Bio-succinic acid has a potential $7.5 billion global market opportunity and is an essential ingredient in many consumer and industrial goods. Myriant is working with various customers to apply our products into multiple applications such as plastics, food packaging, urethanes paints and synthetic fibers that create more value to customer's portfolio. Myriant is a subsidiary of PTT Global Chemical Public Company Limited, Thailand's largest and Asia's eighth largest chemical company.
Anon Sirisaengtaksin, the Chairman of the Board of Directors of Myriant Corporation, in speaking to Myriant's significance in PTTGC's strategic plan and the importance of Dr. Ozmeral's appointment to President and CEO, noted "Myriant plays a key role in PTT Global Chemical Public Company Limited's strategic plan to develop its global, green chemicals portfolio. We are looking forward to advancing Myriant's green footprint under Cenan's leadership and direction as Chief Executive Officer."