2023 RAW MATERIALS AND CHEMICALS OVERVIEW: Chemical companies' attention has shifted from demand issues to more sustainable practices in an effort to address rising production and transportation costs, greater demand to reduce carbon footprint, diminished profitability, and the push to develop more recyclable products

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  • Author(s): Rezai, Michael
  • Source:
    Adhesives & Sealants Industry. Aug2023, p9-12. 4p.
  • Additional Information
    • Abstract:
      The article focuses on the 2023 overview of raw materials and chemicals in the chemical industry. It discusses the industry's shift towards sustainability, supply chain optimization, and material innovation. The impact of the COVID-19 pandemic, the sensitivity of adhesives and sealants producers to crude oil prices, and the expectations for oil prices in the coming months are also discussed.