Foremark Performance Chemicals Announces the Appointment of Barry Penney as President

Foremark Performance Chemicals, a market and technology-driven leader in natural gas scavenging and formalin for petrochemical intermediates, today announced the appointment of Barry Penney as President, effective April 1.  In this role, Barry will lead the company’s commercial organization, including sales, marketing, and business development, supporting the company’s strategy to accelerate growth and expand customer-focused innovation.

Barry brings nearly four decades of leadership experience across the specialty chemicals and industrial sectors, including roles spanning operations, supply chain, capital projects, and private equity-backed growth platforms. Most recently, he served as Managing Director at SK Capital, where he focused on chemicals investments. He has also held senior leadership positions with Exxon, Bayer, Cytec, Ascend, Tritex, and other specialty chemicals businesses.

“Barry’s depth of industry experience and proven ability to connect operational excellence with commercial strategy make him an outstanding addition to our leadership team,” said Randy Owens, CEO of Foremark. “His leadership will be instrumental as we accelerate our growth strategy and strengthen our service offerings.”

About Foremark Performance Chemicals

Foremark Performance Chemicals, headquartered in Houston, TX, is a technology-driven leader in natural gas scavenging formulations and the production of chemical building blocks used in numerous end products. Foremark leverages its sustainable production processes to create solutions that support the transition to clean energy and increase performance and efficiency. The business is a leading producer of a broad portfolio of natural gas scavengers and formalin. Foremark operates out of a highly automated, vertically integrated manufacturing facility in La Porte, TX, that is strategically located on the Houston ship channel.