Can Sustainability and Profitability Coexist in the Chemical Industry?
In this episode of The Chemical Show, Victoria Meyer delves into the pressing topic of sustainability in the chemical industry. She discusses feedback on her previous episode, which identified six key trends but missed a critical one: sustainability. Victoria bundles several interconnected aspects under the sustainability umbrella, such as decarbonization, water usage reduction, circular solutions, green hydrogen, green electricity, biotechnology, and sustainable supply chains. She addresses the significant challenges of balancing sustainability with profitability, touching on corporate purchasing behavior, consumer willingness, regulatory hurdles, and investor patience. Finally, she invites listeners to share their views on the complex relationship between sustainability and profitability in the chemical industry.
00:00 Introduction to The Chemical Show
00:17 Chat GPT's Insights on Chemical Industry Trends
00:37 Exploring Sustainability in the Chemical Industry
03:58 Challenges in Achieving Sustainability
08:17 Consumer and Corporate Dynamics
10:42 Regulatory and Investment Hurdles
14:23 Future of Sustainability and Profitability
16:09 Conclusion and Call to Action

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Companies referenced: @CelaneseCorporation @EvonikIndustries @carbios7070 @LanzaTech @solugen

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