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Minafin executive committee has appointed Mr. Bernhard Müller as Managing Director of its affiliate Minascent Technologies, with effect from May 1, 2020.

Louvain-la-Neuve, May 14, 2020 Mr. Müller holds a doctorate in chemistry as well as an MBA.  He brings a wealth of business and technology management experience from a variety of international fine chemical, food, and medical technology industries.  With a strong focus on technology and innovation, he has succeeded in driving new business development as well as in restructuring of businesses with companies such as Henkel, Cognis, and BASF.

Dr. Mojmir Vavrecka had been serving as interim Managing Director at Minascent since October of 2019.  He will support the transition to Bernhard over the coming weeks before his retirement.

Dale Fannin, CEO Niche Technologies of Minafin “We are pleased to have Bernhard join us.  His strong technology and operations background and innovative approach, along with his business development experience, are a perfect match for the challenges and opportunities that we see for Minascent.”

Bernhard’s priority focus areas involve ensuring increased reliability and effectivity of operations at the very high occupancy rates, as well as developing new business opportunities taking advantage of Minascent’s expertise in challenging chemistry to grow its portfolio of recurring business.

“I am very happy to take over this challenging opportunity and being part of the international Minafin group. It will be great to exchange with Dale Fannin and take Minascent together to the next level. Minascent has a good setup to serve our key customer markets. Our employees are very well educated and show a high level of motivation. It is a very good basis to further implement changes, to create competitive advantages, and to be more profitable in the future. My key focus will be to establish increased productivity, implement an innovative and sustainable pipeline plus a robust and customer-oriented commercial strategy – all based on a modern and open leadership culture”.

About Minascent

Minascent is your partner for fine chemicals, new product development, and custom synthesis and distillation. Minascent specializes in challenging organic synthesis with hazardous reagents in exothermic processes with a wide range of chemical reactions. Minascent supplies customers with value-added products with high-quality standards based on advanced quality systems. Minascent is an affiliate of the Minafin Group.

www.minascent.com

About Minafin

The Minafin Group is a leading developer and manufacturer of fine chemicals for the life sciences and high-tech industries. It operates six industrial manufacturing sites across Europe and North America to provide customers in pharmaceuticals, cosmetics, agriculture, and hi-tech with a range of proprietary products, custom manufacturing, industrial process development and services, and multi-purpose green chemistry formulations. Minafin invests significantly in R&D to create value for customers by specializing in innovations and eco-friendly solutions that bring a competitive edge and sustainability. Its strong industrial capabilities are consolidated through seven affiliates: Minakem, Pennakem, Minasolve, Minagro, Minascent, EcoXtract, and Pressure Chemicals, which generated over €220M (2019 E) in revenue in 2019. Founded in 2004 as a privately-held industrial company, Minafin is headquartered in Belgium and employs 888 staff.

www.minafin.com