Sustainability

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19.02.2024 • News

EU Approves €6.9 Billion State Aid for 33 Hydrogen Projects

In a move to improve the supply of renewable hydrogen and thus reduce dependence on natural gas and contribute to achieving the objectives of the European Green Deal and the REPowerEU plan, the EU Commission has approved a third Important project of common European interest (IPCEI) to support hydrogen infrastructure.

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12.12.2023 • News

OMV and Synthos Partner on Sustainable Butadiene for Synthetic Rubber

Austrian energy group OMV and synthetic rubber producer Synthos have signed a Memorandum of Understanding (MoU) under which the two companies will cooperate on sustainability. The focus is on the supply of sustainable raw materials that can be used for the production of high-performance tires.

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12.12.2023 • TopicsChemistry

The Green Power of Catalysis

With more than 80% of all chemical products manufactured using catalytic processes, catalysts are the number one value generator in the chemical industry.

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16.11.2023 • News

Harmonization of Carbon Accounting Methodologies

The $5 trillion chemical industry plays a pivotal role in the global economy, serving as the foundation for countless sectors from paints to plastics that rely on its products and processes. With a rich history of innovation, chemical companies are well-positioned to lead the charge on decarbonization.

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14.11.2023 • News

Evonik Launches ‘Circular Economy Program’

Evonik announced that it is significantly expanding its commitment to developing solutions for the circular economy, bundling its activities in the group-wide Circular Economy Program. From 2030, the German specialty chemicals company aims to generate at least €1 billion in additional sales per year from circular products and technologies.

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24.10.2023 • News

CPHI Annual Report on Pharmaceutical Industry

The 7th edition of the CPHI Annual Survey was unveiled today highlighting trends for 2024. A total of 250 pharmaceutical executives were surveyed with 35 probing questions, with their answers informing the industry landscape for the next year, spanning all major pharma markets.

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09.10.2023 • News

PCG to Build Asia’s Largest Advanced Chemical Recycling Plant

Malaysia’s leading integrated chemicals producer Petronas Chemicals Group Berhad (PCG), part of Petronas group, has reached the final investment decision (FID) to construct an advanced chemical recycling plant with a capacity of 33 kt/a. The plant, to be built in Pengerang, Johor, is the largest of its kind in Asia, said Petronas, and is expected to be operational in the first half of 2026.

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13.09.2023 • NewsStrategy

Biosurfactants at Scale

In response to the urgent need for sustainable solutions in the ­surfactants industry, companies like Locus Ingredients are developing environmentally friendly biosurfactants.

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13.06.2023 • TopicsStrategy

Increasing the Sustainability of API Production

For Siegfried, sustainability is much more than a phrase with a green coating. The term, which encompasses social and economic criteria in addition to ecological aspects, is one of five central corporate values. One of the biggest levers for reducing energy and resource consumption in the pharma supply chain lies in the efficient production of active ingredients and pharmaceuticals. The company therefore works consistently on optimizing its processes.

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05.06.2023 • TopicsStrategy

Sustainability – The Many Facets of Action

Climate change, energy crisis, the call for a more environmentally compatible production method and socially responsible action do not stop at the pharmaceutical and biotech industries. Sustainability is becoming a central competitive and reputation factor and carries a high economic value. This need not be to the industry´s disadvantage. It helps companies to make processes more efficient, reduces energy consumption and keeps costs in check. But is the pharmaceutical industry already doing enough in this regard?

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22.05.2023 • News

German Merck Adds Renewable Energy Capacity

In what it calls another major step toward implementing its sustainability strategy, Germany’s Merck has signed a 16-year, off-site, virtual power purchase agreement (VPPA) with Recurrent Energy for its Liberty County Solar project northeast of Houston Texas, in the US.

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17.03.2023 • NewsStrategy

The Materials Revolution

Companies in the materials industry – including chemical companies – are seeing a revolution that is likely to drive a new wave of growth. To succeed, however, they will need to rethink their value chains, expand manufacturing in the region, and take advantage of digitally powered approaches to innovation.

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14.03.2023 • News

LyondellBasell to Acquire Mepol Group

LyondellBasell has entered into a definitive agreement to acquire Mepol Group, a manufacturer of recycled, high-performing engineering compounds based in Italy and Poland.

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07.12.2022 • NewsTechnology

Curiosity, Disillusionment, Persistence, Success

Given the challenges the pharmaceutical industry is facing – secure material supply, reduce operation cost and increase flexibility, enhance sustainability and safety, innovate and reduce time-to-market – the sector is poised for a breakthrough of flow chemistry.

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07.12.2022 • NewsInnovation

Chemistry and the „Next Normal”

Numerous crises such as climate change, energy shortages, raw material shortages, war in Ukraine and the consequences of the pandemic are putting value chains worldwide to the test.

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29.11.2022 • NewsStrategy

The Energy Crisis as Opportunity

The current crisis, exacerbated by the economic downturn and war in Ukraine, can be an opportunity to reduce dependence on fossil feedstocks and explore sustainable alternatives.

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17.10.2022 • TopicsStrategy

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.

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20.09.2022 • News

Solvay Expands French Rare Earths Site

Solvay has announced plans to expand its rare earths operations in La Rochelle, France, in order to enter the permanent magnets sector in Europe and serve customers in the fast-growing electric vehicle, wind power and electronics markets.

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