CHT has held a groundbreaking ceremony for a new container cleaning and recycling plant at its site in Dusslingen, Germany, costing about €5 million. The company describes itself as a medium-sized global player for speciality chemicals that focuses on “sustainable chemical products and process solutions”, mainly in textile and general industrial applications.

Together for Sustainability (TfS) and the World Business Council for Sustainable Development's Partnership for Carbon Transparency (WBCSD PACT) have signed a Memorandum of Understanding to form a collaboration aimed at advancing sustainable practices within global supply chains. This follows several months of work to strengthen their relationship.

At its Responsible Care & Sustainability Conference on 7 May, the American Chemistry Council (ACC) released a new report, entitled ‘Sustainability Starts with Chemistry’, in order, it said “to highlight the crucial role the chemical industry plays in advancing sustainability progress around the globe”.

At its latest Capital Markets Day on 27 September 2023, Arkema revealed its plans to strengthen its decarbonisation initiatives as well as its financial targets. This followed the recent validation of Arkema’s emissions reduction plan by the Science-Based Targets Initiatives.

Members of the Sustainable Markets Initiative Health Systems Task Force have published an open letter to suppliers in the supply chain, asking them to commit to joining the initiative and working towards climate and sustainability targets. The CEOs of AstraZeneca, GSK, Merck& Co., Novo Nordisk, Sanofi and Samsung Biologics, and the chairman of Roche all signed it.

Georg Winkler, a senior partner at McKinsey & Company, and Alexander Kei, a partner at the firm, explore how sustainability can secure the competitiveness of Europe’s chemical industry*

In the 20 years to 2020, the European chemical industry delivered strong financial performance, providing total return to shareholders (TRS) similar to its North American peers and higher than Asian peers. However, since 2020, chemical companies in Europe have fallen behind their global competitors.

Together for Sustainability (TfS), the industry initiative for sustainable chemical supply chains, is launching the TfS Academy. It calls this a “free capability-building and learning offering for its member companies and their suppliers”, enabling them to keep on top of the latest recommendations and expectations in the area of sustainable procurement.