Raw Materials and Chemicals

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The climate neutrality targets for scope 3 emissions complete Covestro's climate strategy for reducing greenhouse gas emissions.

Henkel and Covestro are joining forces to foster sustainability for adhesives in load bearing timber construction. 

Kraton Corp. launched a new line of biobased hydrocarbon oils designed to deliver superior performance and environmental advantages in the adhesive industry. 

Huntsman Corp. recently reported fourth-quarter 2023 results with revenues of $1,403 million, posting a net loss attributable to Huntsman of $71 million. 

Evonik and Uniper have launched a sustainable district heating project for Germany’s Ruhr region, saving 1,750 tons of CO₂ per year by recovering industrial heat waste. 

With continued demand for adhesives and sealants used in the production of EVs, there is growing need for the raw materials used to manufacture those adhesives.

LANXESS has expanded distribution partnerships for industrial preservatives in North America, strengthening its portfolios into the coatings, adhesives, sealants, and elastomer markets. 

By obtaining a majority share in the Losi Group distribution company, Bodo Möller Chemie marks a key milestone in its growth strategy.

Covestro and RWE have signed a long-term power purchase agreement for the supply of power from offshore wind turbines in the North Sea for the Covestro production site in Antwerp, Belgium.

Celanese is now the only producer offering low-carbon acetic acid under the ECO-CC product name, which positions the company to help municipalities meet the growing demand for more sustainable and circular solutions.