Is the Chemical Industry Ready for the Future?
Many chemical executives say their companies have made significant progress in their digitalization efforts in the last two years – and they are even more excited about it now.
Strategy
Sustainability and the Chemicals Industry
The chemicals industry is one of the world’s largest industrial sectors, worth €3,471 billion in 2020. It includes producers of industrial chemicals, polymers, pesticides, food and feed additives, and cosmetics, and is growing rapidly. By some estimates it will reach almost $22,000 billion by 2060.
Transition Pathways toward CO2 Neutrality
Chemical parks are locations of intensive value creation. They are a driver for sustainable development with a high economic, ecological and social impact.
The Japanese Pharma Market
Japan continues to be one of the largest pharmaceutical markets in the world, making up approximately 7% of the global share. Historically, Japan has been viewed as insular compared to other developed markets such as Europe or the US, with foreign companies reporting high barriers to entry.
Overall Equipment Effectiveness (OEE)
The primary goal for any manufacturing or process organization is to produce a profit and return on net asset (RONA) to shareholders and other stakeholders. Safety and environmental performance are secondary goals – not secondary in importance, but no manufacturing plant was ever built with the sole and explicit purpose of being safe and environmentally responsible.
Challenging the Status Quo
Management pays a lot of attention to new ideas and cutting-edge technologies, but most of their resources are consumed by mature legacy technologies that are often not actively and rigorously managed. A visual matrix can help teams understand which technologies offer the greatest long-term potential for businesses.
China’s Quest for Self-sufficiency in Chemicals
One of China’s key objectives of the current 14th Five-Year Plan is to reduce the dependency on imports. At least partly, this is a reaction to rising political tensions with the USA.
Ramping Up Biomanufacturing Capacity
Biomanufacturing for both traditional biologics and new modalities, such as cell and gene therapies, continues to be an active area of investment for CDMOs/CMOS. Some of the major investments by the larger CMDOs/CMOs are outlined in this article.
The EU Goes Green
The EU Green Deal sets a high bar for reducing greenhouse gas (GHG) emissions, and its impact will be felt across industries. But the chemical sector’s unique nature means that it will be more deeply affected than other industries – and more deeply involved in making net zero a reality, as well.
The Upswing of the Superstars
For its annual report "Value Creation in Chemicals 2021 – Ten Years of Steady Growth – and a Few Superstars," the strategy consultancy Boston Consulting Group examined the performance of leading international chemical companies from 2011 to 2020. The long-term perspective shows that the industry has mastered serious market downturns with astonishing confidence.
Pharmaceutical Global Entity Portfolio Management
In March 2022, Mercator by Citco published a report that provides direct insights into the practice and dynamics of Global Entity Portfolio Management (GEPM) within the pharmaceuticals sector – based on real-life data – when these businesses have been at the epicenter of one of the most significant global disrupters in modern times.
UK Biotechs Broke Investment Records in 2021
Investment in UK biotech and life science companies scored a lifetime high in 2021, according to new data from the BioIndustry Association (BIA) and Clarivate.
Unified patent system for Europe
Innovation protection with the EU's unitary patent will be more uniform and cost-effective, but also harbors risks.
Chemistry Shapes the Future
In his interview with CHEManager, Jeff Zhu, chairman of the Chinese Association of International Chemical Manufacturers (AICM), talks about the industry’s role in helping achieve China’s carbon-neutrality goal.
BearingPoint Client Success Story: Boehringer Ingelheim increases Data Accuracy by leveraging Robotic Process Automation
Storage conditions play a vital role in the entire supply chain of pharmaceutical products and must comply with strict regulations. From manufacturers to patients, storage conditions are essential for the quality, safety, and efficacy of medications.
Environmental Reform of China’s Chemical Industrial Parks
In the past 20 years, the chemical industry in China has grown rapidly and today accounts for close to 40% of worldwide chemical-industry revenue. Understanding environment-related regulatory and policy shifts now in full swing in China is critical to ensuring compliance and reducing business interruption risks for chemical companies either operating in or sourcing from China.
Precision — Passion — Patience
The positive impacts of Predictive Maintenance are broad and should be considered holistically. No one ever said that nurturing a perfect rose garden was simple, but the results can be dramatic.
Short-Term Reshoring
The second part of the 2021 CPhI Annual Report looks ahead to predict the pharma manufacturing, therapeutic and technology environment in 2030.
A Pivotal Move to Net-Zero
Leading global chemical companies and the World Economic Forum (WEF) have announced that they are entering an agreement to formalize the Low-Carbon Emitting Technologies (LCET) initiative into a stand-alone entity by the end of 2023, to share early-stage risks and co-invest in developing and upscaling low-carbon emitting technologies.
Sustainable Hydrogen
If you follow the daily news on climate protection and the promotion of hydrogen technologies, you sometimes get a sense of déjà vu: Didn't this already exist 20 years ago? What was implemented at that time? What sustainable hydrogen-based technologies can we expect today?
Managing Supply for Complex Biotherapeutics
Successfully managing the drug substance manufacturing of Antibody-Drug Conjugates (ADCs) requires a sophisticated understanding of the technological development process and access to a range of large- and small-molecule manufacturing assets.
Processes4Planet: EU Cross-Sectorial R&I
The Processes4Planet (P4Planet) partnership’s goal is to transform the European process industries to make them circular and achieve overall climate neutrality at EU level by 2050, while enhancing their global competitiveness.
A Roadmap for Pharma 4.0
Industry experts Josef Trapl, Wolfgang Winter, Christian Woelbeling, and Thomas Zimmer – all members of ISPE’s Pharma 4.0 group – talk about the idea behind ISPE’s Pharma 4.0 initiative and the challenges on the way to realize the digital transformation of the pharmaceutical industry.
The Future of Sustainability Policy
Over the past few years, sustainability has become a priority for innovation teams in the materials and chemicals industry as well as consumer-facing industries like apparel, food, and beauty.
Quantum Computing – A Truly Disruptive Force for Industries?
On June 10th, 2021, ten leading German corporations announced the foundation of the Quantum Technology and Application Consortium (QUTAC). Boosted by the German Government, the goal of the newly founded consortium is to further develop the existing fundamentals of quantum computing into usable industrial applications.
On the Way to Climate Neutrality
The EU Commission’s ambitious plan for a European Green Deal, launched shortly before the pandemic struck in early 2020, aims to make the continent the world’s first climate-neutral region by 2050. The goals spelled out in January last year call for reduction of greenhouse gas emissions by at least 50% up to 2030, compared with 1990 levels.
Taking an Active Role in the Industry Transformation
Fernando J. Gómez, head of the Chemical and Advanced Materials Industry at the World Economic Forum (WEF), discusses the chemical-industry-related topics that are high on the WEF’s agenda.
Expert Statement: Christian Kohlpaintner, Brenntag
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
Expert Statement: Peter Stockmeier, Stockmeier Group
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
Expert Statement: Christopher Erbslöh, C.H. Erbslöh
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
Expert Statement: Thomas Dassler, Häffner
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
Expert Statement: Thorsten Harke, Harke Group
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
Expert Statement: Thomas Sul and Natale Capri, DKSH
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
Expert Statement: Frank Schneider, IMCD
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
Expert Statement: Neville Prior, Cornelius Group
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
