Sustainability

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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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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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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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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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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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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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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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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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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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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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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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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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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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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.

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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.

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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.

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Sustainable Synthesis of Biochemicals

When Circa was founded in 2006, the company’s aim was to convert non-food cellulose into high-performance, renewable chemicals, at scale — extracting value from waste biomass and addressing a gap in the market for better, more sustainable materials.

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The Age of Sustainability

In a nutshell, reaching sustainability has become a key aspect for chemical companies and adjacent businesses along the product chain with a high entry hurdle for everyone.

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CO2-Neutral Chemical Industry

The European Chemical Industry has set out on an ambitious path to become carbon neutral. Germany, as one of the major chemical manufacturing nations, has committed to achieve this goal by 2050.

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