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Unilever Aims to Halve Environmental Footprint
The Front Line for Sustainable Growth - No corporate sustainability strategy can be credible without considering the environmental, social and economic effect of a company's entire supply chain. The requirement for true sustainable growth necessitates that procurement departments become strategic functions, developing and delivering business metrics rather than simply squeezing costs. more
CO2 as New Carbon Source for Chemical Industry
Hidden Value - If one thinks about coal-fired power plants, what is it that comes first into one's mind? The picture of high-value starting materials or rather the picture of low value carbon dioxide (CO2) emissions? Most people will probably end up with the latter one. However, the utilization of CO2 as a valuable raw material is not as devious as one would expect: Advanced research shows that it could be used as new source of carbon - thus replacing at least partially crude oil from which the element is normally extracted. more
Strategic Raw Materials
Raw Material Shortages - Volatile markets are giving purchasers quite a bit of a headache for some time now. However, this might be the less severe problem compared to supply shortages that have to be expected or that are here already for a notable number of strategic raw materials. Many companies down the value chain seem to be not alarmed, yet. more16.05.2011Jean-Dominique Senard: Michelin Under Raw Material Pressure
French tire maker Michelin's next chief executive told a shareholders' meeting on Friday the company is facing "incredible pressure" from high and volatile raw materials prices. more05.05.2011Michelin Hikes Prices to Offset Raw Material Costs
French tire manufacturer Michelin on Wednesday said in a statement it would hike truck, earthmover and tractor tire prices in Europe to offset rising raw material costs. Michelin said in February rising raw material costs would have a €1.5 billion ($2 billion) impact on operating income in 2011, but 75% of that was offset by price increases already announced or implemented. Michelin said earthmover tire prices would rise up to 8% from June 1 in most European markets. more
Fluctuating Raw Material Prices
Before the economic crisis, raw material prices knew only one direction: upwards. The sky seemed to be the limit. Now the situation has changed. No one seems to know in which direction raw material prices will go. They go up and down with irregularity and without any discernible pattern. more
Geared Up For The Future
Well Connected - The central German chemical triangle located in the new federal states Saxony-Anhalt, Brandenburg, Saxony and Thuringia, 150 Kilometers from Berlin, has linked up its centuries-old tradition of being an economic, scientific and business centre since the German unity. Investments in the amount of €17 billion were made at the major sites Leuna, Schkopau, Bitterfeld-Wolfen, Zeitz, Piesteritz, Böhlen and Schwarzheide. more- Legal
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