David Schmidt

David Schmidt Email and Phone Number

Chief Operating Officer and Board Member at Qemetica @ Qemetica
Europe
David Schmidt's Location
United States, United States
David Schmidt's Contact Details
About David Schmidt

• Executive management positions in global commodity, specialty chemical, and polymer businesses for public, private, and private equity owned companies• Manufacturing/technical background with progression through sales, business development, strategy, and procurement/supply chain roles before becoming CEO in a turnaround business unit• US Citizen with several European assignments and extensive experience in Asia• Experience in both large public and mid-size private companies and growing businesses via organic, joint venture, and acquisition routes

David Schmidt's Current Company Details
Qemetica

Qemetica

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Chief Operating Officer and Board Member at Qemetica
Europe
Website:
qemetica.com
Employees:
530
David Schmidt Work Experience Details
  • Qemetica
    Qemetica
    Europe
  • Qemetica
    Chief Operating Officer And Board Member
    Qemetica Sep 2024 - Present
    Warsaw, Masovian Voivodeship, Pl
  • Nouryon
    Vp & Integrated Supply Chain Transformation Officer
    Nouryon Jun 2019 - Sep 2024
    Amsterdam, North Holland, Nl
    Leading transformation activities across manufacturing, procurement, and logistics in a private equity purchase of a specialty chemicals carve out from Akzo Nobel.
  • Bp
    Chief Transformation Officer - Petrochemicals
    Bp Apr 2017 - Jun 2019
    London, England, Gb
  • Independent
    Consultant
    Independent Oct 2015 - Mar 2017
  • Ineos Usa
    Mergers & Acquisitions
    Ineos Usa Jan 2015 - Oct 2015
    Leading multiple Merger & Acquisition projects for INEOS including the purchase of a business from a large public company in the US, the joint venture of one business with an Asian partner, and the purchase of multiple upstream assets in Europe.
  • Ineos Barex
    Ceo
    Ineos Barex Jun 2012 - Jan 2015
    London, England, Gb
    Appointed to turnaround an $18 million revenue specialty polymer division with significant negative cash flow. Major accomplishments included recruiting new leadership team, drastically improving product quality, increasing sales through new market penetration (particularly in China and India), and completion of a major acquisition in Japan. Changes resulted in growing revenues to $30 million, increasing the gross margin/ton by 70%, and achieving a breakeven cash position in 24 months.
  • Ineos Barex
    Commercial Director
    Ineos Barex Mar 2011 - Jun 2012
    London, England, Gb
    Set the strategy and executed the business plans for a commodity chemical business with average annual EBITDA of $140 million in 2006 – 2009 that was increased to $300 million in 2010 – 2012. Responsible for all sales, business development, strategy, M&A activity, and production planning activities with a global team of managers and professionals across sites in the US, Europe, and Asia. Member of the INEOS Nitriles Board of Directors.
  • Ineos Grangemouth
    Procurement Director
    Ineos Grangemouth Jul 2008 - Feb 2011
    Grangemouth, Stirlingshire, Gb
    Led global team of managers and professionals in US, Europe, and Asia responsible for procurement, business supply chain, and customer service activities. Oversaw annual purchases of raw materials, energy, logistics, equipment and services exceeding $2.3 billion annually. Contributed $30 million per year in gross margin from savings in alternative feedstock supplies, negotiated logistics savings, and other activities. Member of the INEOS Nitriles Board of Directors.
  • Ineos
    Global Business Manager
    Ineos Jul 2006 - Jul 2008
    London, England, Gb
    Managed the growth of a $3 billion global business with production assets in the US and Europe, and product marketing in North and South America, Europe, Asia, and Africa. Direct P&L responsibility with primary goals of increasing EBITDA and cash flow generation. Oversaw global market management, supply/demand planning, $2.3 billion in raw material and energy procurement, co-producer relationships (swaps & purchase for resale), and the key interface with the sales team to drive operational and commercial discipline.
  • Bp
    Director Of Business Development – European Chemicals Operations
    Bp Jul 2004 - Jul 2006
    London, England, Gb
    Led a team to identify and implement process improvements for the $15 billion European business division. Guided individual project teams consisting of stakeholders across the European business and from the M&A and Strategy central functions. Led key projects including the Reshaping of the European Asset/Business Portfolio, Releasing Additional Value from the Relationship with TOTAL, Review of UK Industry Ethylene Infrastructure, and Rationalization of Assets in the Specialty HDPE Business and the Grangemouth, Scotland Chemicals Site.
  • Bp
    Olefins Sales Account Manager
    Bp Jul 2001 - Jul 2004
    London, England, Gb
    Responsible for sales of ethylene, propylene, butadiene, and styrene co-products with total annual revenues of approximately $500 million. Lead negotiator for BP in the US ethylene industry price settlements, the administrator of long-term contracts and spot sales as well as development/negotiation of new contract offers. Central in the development of all product line strategies by offering challenge and obtaining market intelligence.
  • Bp Amoco
    Various Manufacturing Roles
    Bp Amoco Sep 1995 - Jul 2001
    Recovery Project - Single Point of AccountabilityCoordinator of the Chocolate Bayou Recovery Project. Directed the project team in the $50 million rebuild of furnaces damaged in a major fire. Captured synergies and installed $15 million in previously planned capital projects. Role required extensive collaboration between the Business Unit Leader, Product Management, Manufacturing, and Project personnel.Olefins Asset Superintendent Managed operations at BP Chemical’s largest asset - a 1.8 billion lb/yr olefins unit with annual total fixed cost budget of $30 million. Supervised 70 employees including 10 direct reports. Responsible for the planning and execution of a 200,000 man hour unit maintenance overhaul team with a budget of $12.8 million of expense and $6.8 million of capital.Olefins Process/Unit Engineer Performed daily unit optimization and troubleshooting, tracked feed and product rates, and prioritized engineering projects. Served as the backup to the Asset Superintendent. Operations representative on all engineering projects associated with the unit and conducted numerous economic studies to maximize unit efficiency and minimize operating costs.
  • Hess Corporation
    Various Refinery Positions
    Hess Corporation Jun 1991 - Sep 1995
    New York, Ny, Us
    Held various and increasingly senior engineering and commercial roles at a 700,000 bpd refinery culminating in a commercial role responsible for crude oil selection and overall refinery profitability and future supply availability.

David Schmidt Skills

Petrochemical Procurement Polymers Strategy Chemical Engineering Process Engineering Management Business Development Supply Chain Management Business Strategy Supply Chain Strategic Planning Strategic Sourcing Petroleum Process Optimization Engineering Continuous Improvement

David Schmidt Education Details

  • The Wharton School
    The Wharton School
    Continuing Education - Finance
  • Center For Creative Leadership
    Center For Creative Leadership
    Continuing Education
  • University Of Illinois Urbana-Champaign
    University Of Illinois Urbana-Champaign
    Chemical Engineering

Frequently Asked Questions about David Schmidt

What company does David Schmidt work for?

David Schmidt works for Qemetica

What is David Schmidt's role at the current company?

David Schmidt's current role is Chief Operating Officer and Board Member at Qemetica.

What is David Schmidt's email address?

David Schmidt's email address is da****@****ene.com

What is David Schmidt's direct phone number?

David Schmidt's direct phone number is +171330*****

What schools did David Schmidt attend?

David Schmidt attended The Wharton School, Center For Creative Leadership, University Of Illinois Urbana-Champaign.

What are some of David Schmidt's interests?

David Schmidt has interest in 13 And Hobbies Include Ice Hockey, Skiing, Golf, Any Activity With My Family, Fishing.

What skills is David Schmidt known for?

David Schmidt has skills like Petrochemical, Procurement, Polymers, Strategy, Chemical Engineering, Process Engineering, Management, Business Development, Supply Chain Management, Business Strategy, Supply Chain, Strategic Planning.

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