Umicore’s Post

Upgrading the Green Deal is common sense, not ‘business-friendly’, as Europe is currently learning the hard way from other countries such as the U.S., China, and others. If it doesn’t work for business, it doesn’t work. Period. Therefore, the #AntwerpDeclaration for an #industrialDeal is very timely. Since the EU Green Deal was launched 5 years ago, it’s time to get real. To realize the ambitions of the EU Green Deal, 🇪🇺 Europe needs investments to make the energy transition and a technological step up happen, restore business confidence and create jobs. The #industrialDeal that has been signed now by over 1,000 partners - from companies, industry associations and social partners - shows the way to make the Green Deal into a real deal - if not, Europe will be left behind. 🇺🇸 The U.S. Inflation Reduction Act and some other measures of the Biden Administration, make a compelling business case to invest in new technologies and green transition, by stimulating value chains and eco-systems, combined with speedy permitting and subsidies. But it’s not only because of subsidies - the U.S. approach makes an attractive appeal to businesses and investors. 🇨🇳 China is in a different way stimulating its own industry, helping them to innovate, scale-up, and export. 🇪🇺 It is time for the EU to put economic and energy literacy at the front to achieve its political ambitions of the Green Deal. On the eve of EU elections and a new European Commission to take office later this year, it is now the time for Europe to make a clear choice - the choice to stimulate investing in the energy transition and new technologies. This is a matter of common sense.

As one of the many reviewers/contributors to our newly launched 2023 INtersections Progress Report, I am so proud to see on record all of Team Dow's accomplishments to date towards our ambition. We want to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world - and step-by-step, year-by-year, we do so alongside our value chain partners to create materials science solutions that meet evolving customer demands and contribute to a low-carbon and circular future. It takes a village, the industry, and an entire ecosystem of stakeholders. See the results of our ambition in action here: https://dow.inc/3xqlPCG #materialsecosytem #teamdow

BASF and Volvo Group have elevated their longstanding partnership to a new level. At a ceremony near Gothenburg on April 8, Dr. Martin Brudermüller and Martin Lundstedt, CEOs of both companies, signed an agreement that establishes a framework for a partnership between the companies. The collaboration will focus on innovations in chemistry to develop materials with low carbon dioxide emissions, as well as increased use of low carbon dioxide products from BASF in Volvo's product portfolio. Both, Volvo and BASF have set ambitious goals to achieve net zero carbon emissions. As leading players in their respective industries, both companies emphasize the importance of #collaboration to achieve their #sustainability goals. "With this new agreement, we have established a mutual understanding and commitment to drive innovations and develop new products and processes - and to contribute to the overall goal of a more sustainable future," said Mark Meier, Managing Director and Vice President of BASF Nordic/Baltic, who participated in Gothenburg. By using innovative chemistry and developing new products and processes, both companies strive towards a more sustainable future. Watch the video below for more information. #partnership #BASF #Volvo #sustainability #innovation #automotiveindustry #transportation

Good things come to those who wait. A successful presentation of the Ideas-Award of BASF Global Engineering Department today. The trophy 🏆 2022 goes to the best team. And I was there and was honored as one of the best idea reviewers of 2022. Let’s see how 2023 was 👍 #BASFideas #Ideenmanagement #ContinousImprovement #WeWalkTheTalk

PDF BASF: innovation and adaptation in a German corporation since 1865 Werner Abelshauser digsell https://lnkd.in/eGS2k6nR This corporate history of BASF offers a view of the functioning of an industrial organization that has managed to thrive and expand since 1865. Moreover, it reveals much about the reasons for the extraordinary economic dynamics of the German empire and the enormous expansion of the world economy before World War I. It permits the probing of the origins and spread of the knowledge society, in which science and research-based innovation have become the key determinants of economic growth and social development. Accordingly, BASF’s history developed at the core of Germany’s wartime economy during both world wars and highlights its … Read More » https://lnkd.in/ejw4UgQM

Last week, our own Hendrik Waegeman had the honour of providing evidence to the UK House of Lords, together with Fiona Mischel and Mary Maxon, a unique opportunity to share his insights on 𝗵𝗼𝘄 𝘁𝗵𝗲 𝗨𝗞 𝗰𝗮𝗻 𝗲𝗻𝗵𝗮𝗻𝗰𝗲 𝗶𝘁𝘀 𝗦𝘆𝗻𝗕𝗶𝗼 𝘀𝗲𝗰𝘁𝗼𝗿 and the 𝗯𝗿𝗼𝗮𝗱𝗲𝗿 𝗯𝗶𝗼-𝗲𝗰𝗼𝗻𝗼𝗺𝘆. According to Hendrik:   ➡ Europe and the UK can be 𝗽𝗿𝗼𝘂𝗱 𝗼𝗳 𝘁𝗵𝗲 𝗽𝗶𝗹𝗼𝘁 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗮𝗻𝗱 𝘀𝗰𝗮𝗹𝗲-𝘂𝗽 𝗲𝘅𝗽𝗲𝗿𝘁𝗶𝘀𝗲 developed over the past decade, which has helped hundreds of companies advance their manufacturing processes. ➡ Currently, 𝗮𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗽𝗶𝗹𝗼𝘁 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 should 𝗻𝗼𝘁 be the primary 𝗯𝗼𝘁𝘁𝗹𝗲𝗻𝗲𝗰𝗸 for start-ups and SMEs, as 𝗰𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗶𝘀 𝗵𝗶𝗴𝗵𝗲𝗿 𝘁𝗵𝗮𝗻 𝗱𝗲𝗺𝗮𝗻𝗱 and lead times are short. ➡ The 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 in the current economic climate are 𝘀𝗲𝗰𝘂𝗿𝗶𝗻𝗴 𝗳𝗶𝗻𝗮𝗻𝗰𝗲 and navigating the lengthy and bureaucratic 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗽𝗮𝘁𝗵𝘄𝗮𝘆𝘀 𝘁𝗼 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹 for SynBio products. These issues are interconnected, as prolonged approval processes lead to increased financing needs and reduced investor interest. ➡ Sufficient 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 in the form of 𝗴𝗿𝗮𝗻𝘁𝘀 𝗮𝗻𝗱 𝗹𝗼𝗮𝗻𝘀 𝗶𝘀 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 for SynBio companies to 𝗰𝗿𝗼𝘀𝘀 𝘁𝗵𝗲 "𝗩𝗮𝗹𝗹𝗲𝘆 𝗼𝗳 𝗗𝗲𝗮𝘁𝗵" and transition from the lab to real-world manufacturing. Despite the excellent infrastructure available in Europe and the UK, 𝗽𝗶𝗹𝗼𝘁𝗶𝗻𝗴 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝗮 𝘁𝗼𝘂𝗴𝗵 𝗮𝗻𝗱 𝗲𝘅𝗽𝗲𝗻𝘀𝗶𝘃𝗲 𝗲𝗻𝗱𝗲𝗮𝘃𝗼𝘂𝗿. Within a climate of high interest rates, it is increasingly difficult for companies to raise sufficient funds, resulting in many promising innovations never reaching the market. ➡ 𝗘𝘂𝗿𝗼𝗽𝗲 𝗵𝗮𝘀 𝗰𝗿𝗲𝗮𝘁𝗲𝗱 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀 to support companies in their scale-up efforts, including the EIC programs, Circular Bio-based Europe Joint Undertaking (CBE JU), the Innovation Fund, the Innovation Actions within Horizon Europe, and many more. On top of that, many EU member states have national programs to support higher TRL scale R&D. The UK could particularly benefit from developing specific and similar instruments to help its SynBio community scale up its technologies.

My decision to work at #WACKER was driven by the desire to be part of a company that truly makes a difference. Our current image video illustrates this impressively. 🌟 Here are three ways WACKER lives up to the claim "Our solutions make a better world for generations". 1️⃣ 𝗣𝗶𝗼𝗻𝗲𝗲𝗿𝗶𝗻𝗴 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝗳𝗼𝗿 𝗮 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝘂𝘁𝘂𝗿𝗲: 🌱 Developing materials for electric vehicles 🚗 and energy-efficient buildings 🏢. #Sustainability #EcoFriendly #GreenInnovation 2️⃣ 𝗔𝗱𝘃𝗮𝗻𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗙𝘂𝘁𝘂𝗿𝗲: 💻 Our high-purity silicon is a key element in the advanced technology behind smart devices. #Digitalization #FutureTechnologies 3️⃣ 𝗙𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗠𝗲𝗱𝗶𝗰𝗮𝗹 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀: 🧬 In biotechnology, especially in the field of mRNA technology, we lay important groundwork for the manufacturing of medicines and medical devices. #Biotechnology #Healthcare I am proud to be part of #WACKER, as our work directly contributes to creating a better future for subsequent generations. 🌍

Interesting read for the Chemical Tankers segment! Find the current market highlights and a first hand outlook for the next couple of years , which are influenced by today's environmental challenges and the subsequent quest for energy and overall efficiency across our sector. #chemical #tankers #seatrade #shipping #energy #efficiency #maritime #trade