Chemical companies’ attention has shifted from demand issues to more sustainable practices in an effort to address rising production and transportation costs, greater demand to reduce carbon footprint, diminished profitability, and the push to develop more recyclable products.
The U.S. chemical industry is undergoing a profound transformation in 2023, embarking on a journey of portfolio refinement, supply chain optimization, and groundbreaking material innovation.
EcoVadis, the world’s largest provider of business sustainability ratings, awarded Sun Chemical a silver rating for its sustainability efforts across all business units and regions.
SABIC and Circularise have launched a pilot program to evaluate the use of blockchain technology in tracing the carbon footprint of specific material streams from end to end.