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Evonik targets €1 billion+ in circular economy sales

Evonik has revealed that it aims to generate at least €1 billion/year in additional sales a year from circular products and technologies, both in its own processes and support its customers in the transition to circular applications. The company’s strategy in this arena is based on multiple initiatives in which it claims that it is already contributing to the circular economy, notably:

* Further strengthening its activities in additives and specialities for the circular economy

* Making greater use of raw materials based on recycled materials, biomass and CO2

Unilever to go further green

Consumer products giant Unilever has announced plans to source all of the carbon-based materials in its cleaning and laundry products from renewable or recycled sources, thus throwing down the gauntlet to chemical suppliers.  According to Unilever, this will cut the carbon footprint of its product formulations by up to 20%, since the chemicals it uses in cleaning and account for 46% – of that footprint. The company’s most famous brands include Persil, Omo, Domestos, Cif and Sunlight.

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