Bayer, Henkel, DSM, and Symrise are among 155 major global companies from across 34 sectors that have signed a joint statement to world leaders, calling on governments and policy-makers to align their efforts to recover from the coronavirus disease 2019 (COVID-19) pandemic with an ambition to reach net-zero emissions well before 2050.
“As countries work on economic aid and recovery packages in response to COVID-19, and as they prepare to submit enhanced national climate plans under the Paris Agreement, we are calling on governments to reimagine a better future grounded in bold climate action,” the companies say in the statement.
All the companies are members of the Science Based Targets initiative, a global partnership with the vision that by 2020 “science-based target setting will become standard business practice and corporations will play a major role in driving down global greenhouse gas emissions.”
They say that to realize their ambitions, they will continue to implement ambitious science-based targets to set the world on a 1.5°C trajectory, invest in recovery and resilience for a systemic socio-economic transformation, and advocate for enabling policies aligned with a 1.5°C trajectory and zero-carbon economy.
“If we work together, these efforts will help reduce vulnerability to future shocks and disasters, and build community resilience. A systemic shift to a zero-carbon and resilient economy is within our reach—our only future depends on making this vision a reality,” the companies say.
By: Sotirios Frantzanas
Source: Chemical Week
Corteva (Indianapolis, Indiana) says it has signed a definitive agreement to acquire Stoller Group (Houston, Texas), a producer of biostimulants and plant nutrition products, for $1.2 billion. Stoller is one of the largest independent biologicals companies globally, with operations in more than 60 countries and more than $400 million in annual sales.
OMV has announced its new corporate structure today, designed to fully enable the delivery of Strategy 2030. The new organization will be built on five distinct areas. In addition to the CEO and CFO areas, three business segments will be established: Chemicals & Materials, Fuels & Feedstock, and Energy.
The European petchem sector is readying for some tough quarters. It’s a different picture in the US. So is this the best time ever to find a new role in the chemical industry? If you are in Europe, you would expect me to say probably not. But actually, it depends. So let me give you four answers to this question.
