LSB Industries, Inc. Appoints Hector Miravete as Director of Clean Energy
LSB Industries, Inc. (NYSE:LXU) (“LSB” or the “Company”) today announced that Hector Miravete has joined the Company as Director of Clean Energy, effective May 3, 2021. This newly created position is intended to lead the development and execution of LSB’s recently launched Green Ammonia initiative.
“We are very excited to have Hector join our senior leadership team as our Director of Clean Energy,” stated Mark Behrman, LSB’s President and CEO. “The global focus on reducing carbon emissions is intensifying and Green Ammonia has the potential to play an important role in this critical environmental objective. Hector’s extensive experience, in both commercial and operational roles, makes him highly qualified to lead our efforts in assessing the opportunity in front of us, refining our strategy and deploying our resources to enter the Green Ammonia market in a meaningful way. On behalf of our Board, I’d like to welcome Hector to LSB.”
About Green Ammonia
Green Ammonia is produced using renewable feedstock, specifically hydrogen from water electrolysis and nitrogen separated from the air, rather than natural gas or coal, resulting in a zero CO2 emission process. In addition to its potential as a carbon-free fertilizer, Green Ammonia has tremendous potential as a maritime fuel, an energy source for power generation, and for a broad range of industrial applications in the automotive, construction and food additive markets, among others. Green Ammonia has numerous advantages over other hydrogen sources, including the existence of a well-established global ammonia manufacturing production and distribution infrastructure along with its ease of transport over land and water.
About Hector Miravete
Hector is a chemical engineer with more than 20 years of experience in the petrochemical industry. He possesses a strong commercial, supply chain and process engineering background in nitrogen-based technologies. From 2014 to 2021 he was with Houston-based engineering, procurement and construction firm, KBR Inc., where, since 2016, he served as Global Technology Business Director for the nitrogen-based technology portfolio, which included nitric acid, ammonium nitrate and urea ammonium nitrate manufacturing technologies. From 2012 to 2014 he was with Kalex Fibers, a vertically integrated group of textile manufacturing companies, where he was Global Commercial Director. Prior to that, between 1998 and 2012, Hector was with Dow Chemical Company, where he held positions of increasing responsibility, most recently as Global Product/Integrated Supply Chain Director from 2010 through 2012.