Episode 1351: Think Tank: Expect new wave of low carbon products in 2-3 years – Azelis
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As chemical producers gain access to more renewable energy, and portfolios evolve, distributors and downstream customers can look forward to more availability of low carbon, low fossil content products. - Distributors can help communicate sustainability data up and down industrial value chains- Full lifecycle analysis is required to truly measure a product’s environmental footprint - Vital to have standard measurements for carbon footprint- Chemical industry has a 25-year innovation cycle, more investment needed to accelerate this- Wave of low carbon products expected in next 2-3 years - Azelis is sticking to its environmental targets- Customers drive demand for more low carbon products- Renewable energy will cut fossil content of distributor product portfolios- Smaller chemical companies drive low carbon innovation in Asia- Reshoring will drive national or regional chemical value chains
