BURLINGTON, ON, April 24, 2014 /CNW/ - EcoSynthetix Inc. (TSX: ECO), a renewable chemicals company that produces a family of commercially proven bio-based products, today announced it has named Jeff MacDonald as its Chief Operating Officer. In this newly created position, Mr. MacDonald will lead the Company's business development, sales, operations and product development activities.
"I am pleased to be welcoming an experienced business leader of Jeff's caliber," said John van Leeuwen, Chief Executive Officer of EcoSynthetix. "His commercial experience and proven track record in delivering customer value will help us to meaningfully accelerate our growth."
"EcoSynthetix is commercializing a truly revolutionary set of bio-based products for use in a number of end markets," said Jeff MacDonald, newly-appointed Chief Operating Officer of EcoSynthetix. "Working together, we will not only accelerate the adoption of our green technologies, but do so in a way that delivers long-term value to customers and shareholders alike."
Prior to joining EcoSynthetix, Mr. MacDonald was Vice-President of Marketing and Business Development and member of the executive leadership team at Husky Injection Molding Systems. Previously, he held leadership roles in sales and operations, and led the establishment of Husky's Asia-Pacific business. Mr. MacDonald holds a Master of Business Administration degree from McMaster University and a Bachelor of Science degree from the University of Western Ontario.
About EcoSynthetix Inc. (www.ecosynthetix.com)
EcoSynthetix Inc. is a renewable chemicals company specializing in bio-based products that can be used as inputs in industrial manufacturing for a wide range of consumer products. The Company's products offer a reduced carbon footprint and are marketed primarily on the basis of lower cost, stable pricing and equal or superior performance. EcoSynthetix' lead product, EcoSphere® biolatex® binders, is used commercially by a number of the global top 20 manufacturers in the coated paper and paperboard industry.
Forward Looking Statements
Certain statements in this Press Release constitute "forward looking" statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, objectives or achievements of the Company, or industry results, to be materially different from any future results, performance, objectives or achievements expressed or implied by such forward looking statements. These statements reflect our current views regarding future events and operating performance and are based on information currently available to us, and speak only as of the date of this Press Release. These forward looking statements involve a number of risks, uncertainties and assumptions and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such performance or results will be achieved. Those assumptions and risks include, but are not limited to, the fact that our results of operations and business outlook are subject to significant risk, volatility and uncertainty. Many factors could cause our actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including the factors identified in the "Risk Factors" section of the Company's Annual Information Form dated March 28, 2013. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described in this Press Release as intended, planned, anticipated, believed, estimated or expected. Unless required by applicable securities law, we do not intend and do not assume any obligation to update these forward looking statements.
SOURCE: EcoSynthetix Inc.
For further information:
on EcoSynthetix, please contact:
Director, Marketing Communications
Phone: (289) 245-4017
Phone: (416) 815-0700 (Ext.238)