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...The company is also attempting to improve its progress on emissions across its operations and supply chain, after its net zero goal was set back to a 2050 target compared with 2039 if it had it remained...
...The plans, which remain preliminary in most cases, highlight how global efforts to secure supply chains are forcing companies that play a vital role in manufacturing networks, especially for tech products...
...LCY’s Liu visited Germany two weeks ago to lobby for government support for chip supply chain companies....
...“This approach releases the toxic chemicals in plastics and increases community health risks for cancer and other non-communicable diseases,” she said....
...The chemicals industry, which sits at the start of a vast number of companies’ supply chains, is seen as a bellwether for industrial production, adding to concern among German politicians and executives...
...Thousands of US lawsuits targeting major chemical companies have been filed and agencies globally are tightening regulation....
...European gas prices have stabilised around 2021 levels as imported LNG supplies make up the Russian shortfall. But Europe’s chemical businesses are hardly humming....
...Topco Scientific, a supplier to chip material makers such as Japan’s Shin-Etsu Chemical and Fujimi, is also eyeing new business in south-east Asia and Europe....
...In this case, it’s the question of human rights abuses in corporate supply chains, specifically European companies and the alleged forced labour of Uyghurs in China’s Xinjiang province....
...Onvector, a water treatment company, uses plasma technology where high-energy electrons obliterate the chemicals. Researchers have also joined the cause....
...The diagnostic method should cost less than traditional approaches as the chemicals needed are inexpensive, they add....
...WuXi Biologics helps to produce the chemicals underpinning 24 commercialised drugs and hundreds more medicines being studied in clinical trials, according to company data....
...However, the update is a warning sign for global industry, with chemicals sitting at the foundation of most global supply chains and acting as a bellwether for economic activity....
...The company said it would “accelerate” a hitherto unannounced sale process that had been initiated last quarter due to a global supply glut of one of the chemicals....
...Shares in Bayer have fallen 45 cent since Ubben disclosed his stake in January last year, exposing the founder of Inclusive Capital to paper losses....
...Big share price moves in Europe today include German chemical group Lanxess, potash and salt maker K&S, UK travel booking company Trainline and German electricity company Encavis....
...“We want better transparency for downstream companies who need to know what is in their products and supply chain.”...
...More companies were competing for a limited supply of biomass, Kahsar said. “Maybe you can find some extra waste to turn into bio-oil and sequestration that in Kansas,” he added....
...Delivering high temperatures — anything from 100 to 1,500 degrees — to make food, beverages, paper, chemicals and a host of other materials accounts for about a quarter of current fossil fuel consumption...
...He says the second-generation ethanol is being used in fuels blended with petrol, bioplastics and chemicals....
...The Swedish group’s chief Micael Johansson recently told the FT that nitrocellulose was an example of how defence companies would have to build new supply chains in a “multipolar world” where “not only the...
...This week, the Environmental Protection Agency issued rules setting a limit on toxic pollution from chemical plants and stripping cancer-causing chemicals from tap water....
...Germany and Italy have torpedoed an EU law imposing liability on companies for alleged human rights abuses in their supply chain, such as in China’s Xinjiang region....
...to EU-based companies....
...It has told Wall Street that falling revenue in 2023 could be partially attributed to customers hoarding chemicals following supply chain shocks in recent years....
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