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April 05, 2017 02:00 AM

Americhem names a new CEO

Crain's Cleveland Business Report
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    Hellstern

    CUYAHOGA FALLS, Ohio—Americhem Inc., a Cuyahoga Falls company that provides color and additive services for polymer products, said it has named Matthew Hellstern as CEO of the Americhem Group of companies.

    The group includes Americhem, Infinity LTL Engineered Compounds and Vi-Chem Corp.

    Americhem's current chairman and CEO Rick Juve has been named chairman of Americhem Group. In that role, he "will ensure that the company's principles and values are applied equally across all group companies," Americhem said in a news release announcing the transition.

    "Americhem Group is establishing a solid reputation as a leading independent supplier of custom material solutions for the global polymer industry," Juve said in a statement. "The time is right to create a coordinated leadership structure with Matthew as our CEO."

    Hellstern has what Americhem characterized as "an extensive background in the specialty chemicals industry," having served as vice president and general manager of WR Grace's Specialty Catalysts and Darex Packaging businesses. Previously, he led Chemtura's Urethane Elastomers and Fluorine businesses, and held leadership positions at Sun Chemical and BASF.

    Hellstern holds a bachelor's degree in chemical engineering from Villanova University and an MBA from Lehigh University.

    Americhem does not disclose annual revenues. It has more than 800 employees worldwide.

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