Sustainability

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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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03.08.2022 • News

OQ Chemicals Switching to Green Power

In its drive to become a climate-neutral company, Germany-based oxo-chemicals specialist OQ Chemical has announced it will switch all of its worldwide production sites to run on electricity from renewable sources in the medium term.

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01.08.2022 • News

Air Products Beefs up its Climate Goals

Air Products is strengthening its sustainability goals, pledging to allot at least $4 billion in fresh capital for the transition to clean energy over the next five years. This builds on the more than $11 billion already commited to real zero- and low-carbon hydrogen projects.

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21.07.2022 • News

Shell Invests Billions in Sustainability

Shell Chemicals has announced it will earmark “billions of euros” from its current capital spending budget to make production assets more sustainable as it works to achieve net zero emissions by 2032.

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18.07.2022 • News

Perstorp “Green” Methanol Project Wins EU Aid

Project Air, a production facility for sustainable methanol in Stenungsund, Sweden, described by the project’s partners Perstorp, Fortum and Uniper as “unique,” has been selected as one of 17 large-scale “green tech” projects that will share more than €1.8 billion in aid from the EU Innovation Fund.

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17.06.2022 • News

Perstorp Starts Switch to Sustainable Polyols

Swedish chemical producer Perstorp is making strides toward its sustainability goals following its mid-May announcement that it will be acquired by Malaysian petrochemicals giant Petronas Group (PCG) for €1.54 billion.

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18.05.2022 • NewsChemistry

Planning for the Unexpected

Dorothee Arns, Director General of FECC, discusses current challenges, market trends and her vision for the chemical distribution industry in Europe. The interview was conducted by Michael Reubold and Ralf Kempf.

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17.05.2022 • News

Sustainability to Drive Evonik’s Business Growth

After making “good progress”, both strategically and financially, in the recent past, the next phase in Evonik’s drive toward enhanced business growth will see it execute “targeted and massive investments” in green chemistry and establish sustainability as its central innovation driver, CEO Christian Kullmann said at the company’s Capital Markets Day.

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19.04.2022 • NewsStrategy

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.

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21.01.2022 • News

Vertimass and European Energy Combine Carbon Technologies

US green technology company Vertimass has signed a Letter of Intent with Denmark’s European Energy to integrate their technologies for capturing CO2 and converting it into hydrocarbon products, such as renewable fuels and chemicals.

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08.12.2021 • NewsStrategy

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.

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20.10.2021 • News

ExxonMobil Plans Chemical Recycling Plant in Baytown

Following trials earlier this year of its proprietary technology for advanced recycling – also referred to as chemical recycling – ExxonMobil has now announced its intention to build a large-scale plant in Baytown, Texas, USA.

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