The company will increase production capacity to approximately 600,000 metric tons per year by the middle of the decade to support the ongoing growth of its North American MDI customers.
According to EcoVadis, Scott Bader's sustainability rating has increased to Gold thanks to the implementation of additional measures to report on environmental management and the company's commitment to reducing emissions by 60% by 2025 and to be completely carbon neutral by 2028.
The Adhesive and Sealant Council (ASC) announced the addition of new officers to its board of directors, as well as additions to the executive committee. It also announced directors re-elected for another three-year term.
According to the American Chemistry Council’s (ACC) new report, titled Year-End 2022 Chemical Industry Situation and Outlook, the chemical industry posted one of its best years in a decade.
The plant comes equipped with the first automated packaging production line in China. This, along with high-speed printing presses, laminators, and bag-making machines, can deliver double-digit reductions in manufacturing cycle times.
Sika has released its 2022 financial report. According to the report, Sika performed well against an increasingly difficult economic backdrop with CHF 10.49 billion in sales.
Since 2015, JUST Capital has surveyed more than 160,000 Americans on what issues they believe U.S. companies should prioritize when it comes to just business behavior. JUST evaluated 951 companies across five stakeholders, 20 issues, and 245 raw data points to produce the 2023 rankings.
By commissioning the new plant, Sika hopes to expand its position in this rapidly growing metropolitan area. The area is set to become even more important as China is creating the Chengdu-Chongqing business district with almost 100 million inhabitants.
Chemical output was lower than a month ago in all regions, with the largest declines in the Gulf Coast, home to much of the nation’s basic industrial chemical and synthetic materials capacity. Reportedly, the declines reflect sluggish output in several end-use manufacturing industries and weak export markets.