INDIANAPOLIS, Feb. 20, 2019 /PRNewswire/ -- Biosynthetic TechnologiesTM (BT) today announced the appointment of Mark Miller as Chief Executive Officer. He will assume leadership of the Company effective immediately and will join Biosynthetic Technologies' Board of Directors.
Mr. Miller is a biobased technology veteran with 20 years of successful biobased lubricants and functional fluids experience. He served as co-founder and CEO of Terresolve Technologies, Ltd., an environmentally safe chemical products company, from 1996 until 2017. In addition to leading Terresolve Technologies, Ltd. from start-up until his exit, creating a highly profitable global leader, Mark is a serial entrepreneur with a special emphasis on bio and sustainable technologies.
"The Board and I are confident that Mark has the right qualities to lead Biosynthetic Technologies," said John Glushik, Managing Partner of HG Ventures and Chairman of BT's Board of Directors. "Mark has a 20-year track record as a proven leader and we look forward to working with him as he leads BT's next phase of growth."
In his new role, Mr. Miller will be focused on bringing BT's high performance "Estolide" products to market and ensuring technical and commercial success. He will also coordinate supplier, customer, and equipment company relationship acceptance of this new technology.
"I am honored to be joining Biosynthetic Technologies," said Mr. Miller. "BT has been on the forefront of creating sustainable estolide stocks, and I am excited to lead BT's efforts to bring our innovative products to new market segments and industries."
About Biosynthetic Technologies
BiosyntheticTM Technologies' supplies biobased oils that are synthesized specifically for high performance lubricant applications in the automotive and industrial sectors. Available in a range of viscosities, these biosyntheticTM oils can be blended into a variety of viscosities to meet most lubricant applications. In addition, because BiosyntheticTM Base Oils are compatible with common lubricant base oils and additives, they serve as an easy drop-in for most existing formulations available in the market. Therefore, these biosyntheticTM oils can be used as the primary base oil of a lubricant formulation, a component of a base oil co-blend, or even as an additive.
SOURCE Biosynthetic Technologies