Chemical manufacturing is the foundation of all other manufacturing activities, providing raw materials for various products across industries. It is an energy-intensive, costly sector with a high carbon footprint. However, chemical companies are constantly seeking new formulas for materials that meet their customers’ needs while reducing carbon output, such as bioplastics.
To tackle climate change, chemical manufacturers must embrace the challenges and opportunities to reduce their carbon footprint and increase efficiency. Manufacturing nations with strong and competitive chemical and chemistry-using industries are well placed to seize these opportunities.