Chemicals

Sustainability: With growing awareness of climate change and the urgency of a more sustainable energy supply, chemical companies are increasingly looking for alternative energy sources and are committed to reducing their carbon emissions. There is a lot of investment in the decarbonization of production and logistics to create more sustainable solutions.

Sustainable finance: Investors and financial institutions are increasingly taking sustainability and ESG criteria into account when making investment decisions. This increases the demand for renewable energy in the chemical industry.

Geopolitical risks: Ensuring security of supply, production capacity and logistics is of great importance as the industry relies on reliable access to raw materials and energy. Rising costs affect the competitiveness of the chemical industry.

Technological progress: new technologies enable the use of renewable energies and contribute to increased efficiency. The chemical industry is developing innovative solutions for more sustainable production processes and materials. Hydrogen is considered a promising alternative to fossil fuels. Companies investing in the development of hydrogen applications play an important role in the decarbonisation of production.

Digitalization: The digitalization of production processes and supply chains, as well as the development of digital business models, are at the forefront.

Supply chain: In addition, material cycles are being closed to establish a circular economy. The circular economy aims to minimise resource consumption and environmental impacts by keeping products and materials in a closed loop throughout their entire life cycle. Chemical substances, materials and products are designed, manufactured and controlled so that they can be reused, recycled or otherwise recovered.

Collaboration: Effective implementation of the circular economy requires close collaboration between suppliers, manufacturers, distributors and end users along the entire supply chain.