# Advent International and LANXESS name Calum MacLean CEO-designate for engineering materials JV

Advent International and LANXESS announced Calum MacLean as CEO-designate for their planned joint venture combining DSM Engineering Materials and LANXESS High-Performance Materials. The JV is expected to have sales of around EUR 3 billion.

- Type: Partnership
- Announced: 2022-09-16
- Status: announced
- Products: high-performance engineering materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (partner)
- [LANXESS](https://endata.com/companies/15514.md) (partner)
- [DSM Engineering Materials](https://endata.com/companies/48332.md) (target)

## Sources

- [lanxess.com](https://lanxess.com/en/media/press-releases/2022/09/advent-international-and-lanxess-announce-calum-maclean-as-ceo-designate), 2022-09-16: "Calum MacLean brings a wealth of experience from over 30 years in the chemicals industry, most recently as CEO of Synthomer."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.