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A new Advanced Bio-Circular medical polymer for medical

A new Advanced Bio-Circular medical polymer for medical

With a proven legacy in high performance materials for medical applications, Arkema now announces the launch of a new high rigidity Advanced Bio-Circular polyamide 11 medical polymer intended to replace metal and traditional polymers in demanding medical applications.

Arkema’s Advanced Bio-Circular (ABC) materials have a long, proven legacy in some of the world’s most demanding applications. These bio-based, recyclable polymers are derived from Arkema’s flagship amino 11 chemistry, which in turn, is derived from the oil of the renewable castor bean. Castor beans do not compete directly with the food chain and do not cause deforestation.

Formulated with a high content (65%) of glass fibers, the new Rilsan® MED polyamide 11 grade displays a tensile modulus of 18.5GPa, making it an ideal candidate to replace metal for the production of highly demanding surgical tools.

The new grade also requires low mold temperatures and injection pressures. Those properties helped early adopters to switch materials easily and to decrease their cycle times significantly whilst maintaining component integrity.

Furthermore, this new material exhibits excellent resistance to gamma, steam, ETO and e-beam sterilization, opening new doors and opportunities for the development of sustainable reusable surgical tools and for the replacement of petroleum based polymers.

The biocompatibility of this new product has been successfully assessed according to USP Class VI, ISO 10993-4, ISO 10993-5 and ISO 10993-10 standards.

We have found in this new product an ideal material for our surgical tools, easier to process than the PARA (Polyarylamide) we were using before. Its bio-based nature has given us a real advantage to answer our customer’s drive towards more sustainable materials.”
 

MARK JESSUP, MANAGING DIRECTOR AT SURGICAL DYNAMICS, ONE OF THE EARLY ADOPTERS OF THIS NEW RILSAN® MED
 

Arkema continues to innovate to offer sustainable and recyclable materials, based on our proprietary polyamide 11 chemistry, to the most demanding and challenging markets. Our medical device customers are becoming more and more vocal on sustainability and Arkema is extremely well positioned to successfully help them transition to renewable materials and reaching their goals to reduce natural resource depletion.”
 

FRANÇOIS RUAS, HEALTH & BEAUTY GLOBAL MARKET MANAGER, ARKEMA HIGH PERFORMANCE POLYMERS
 

Fate of billions of plastic bottles potentially altered through ground-breaking Amcor technology

Fate of billions of plastic bottles potentially altered through ground-breaking Amcor technology

Amcor Rigid Packaging announces recycling innovation that will enable more than a billion 50 mL spirits bottles to be crushed, captured and recycled.
 

In conjunction with America Recycles Day, Amcor Rigid Packaging (ARP) is announcing a technological advancement that makes it possible for billions* of small bottles to be recycled. ARP, known for its designed-to-be-recycled packaging, is always looking for ways to increase the amount of material that makes it to – and through – the recycling process.

ARP is first applying the technology to 50 mL spirits bottles. These bottles, while made of recyclable polyethylene terephthalate (PET), are often lost in the recycling process due to their small size. Most people recognize these as the little liquor bottles often served on airplanes. Despite its material being infinitely recyclable**, the size of these bottles presents challenges at most U.S. material recycling facilities. The bottles tend to slip out of the sorting process where broken glass is filtered out for disposal.

“We know that many small bottles are falling through screens in our MRFs designed to separate glass, so this is a major development – it allows these bottles to pass this step in the process and have the opportunity to be captured by the appropriate equipment downstream. At a time when the recycling industry is constrained by material supply every additional pound diverted from waste makes a big difference,” said Curt Cozart of the Association of Plastic Recyclers.

With its pledge to develop all its packaging to be recyclable, compostable or reusable by 2025, Amcor is always innovating to increase the recyclability of its products. Seeing an opportunity for improvement, ARP’s team of engineers examined the issue and began designing a container that collapses in a controlled way to maximize its width. With a collapsed width greater than 5 cm, this design would no longer slip through the cracks at most U.S. recycling facilities.

“This discovery was made by the Amcor team when testing revealed that the bottles collapse in different ways,” said Terry Patcheak, VP of Research & Development and Advanced Engineering at ARP. “Our simulations demonstrated that when these tiny spirits bottles are designed to collapse in a specific way, fewer bottles actually fall through the cracks. The potential here is higher recyclability rates and more recycled content for multiple segments and materials.”

Amcor’s bottle design includes intentional failure points and is based on the Association of Plastic Recyclers specific guidelines. Finite Element Analysis testing is being undertaken to better understand the dynamics of these small bottles during the recycling process. Additionally, ARP will partner with recycling facilities to capture real-world data about the recyclability of its new bottle.

“We look forward to seeing the data and continuing to use this kind of creative approach to look at all of our packaging. In partnering with the APR, we are looking at size, color and material to increase the amount of recycled material that can be turned into more bottles. We look forward to partnering with our customers as we use a new lens to look at ways to meet our shared sustainability goals,” Patcheak said.

https://www.amcor.com/

Microwave-Based Direct Monomerization Project for Plastic Waste

Microwave-Based Direct Monomerization Project for Plastic Waste

Aiming to commercialize chemical recycling of hard-to-recycle ASR and SMC

Mitsui Chemicals, Inc.and Microwave Chemical Co. Ltd have launched a new initiative aimed at commercializing the use of microwave technology in the chemical recycling of plastic waste. The project involves directly producing raw monomers from plastics that have conventionally been tricky to recycle, including automotive shredder residue (ASR) – a mixture of principally polypropylene-based plastics – and thermosetting sheet molding compound (SMC), which is used in bathtubs and vehicle parts.

Since entering into a strategic partnership in 2017 to promote joint development of next-generation chemical process technologies, Mitsui Chemicals and Microwave Chemical have built up a solid relationship, including through partial equity investment. The two companies are together looking at leveraging microwave technology for a variety of chemical processes.

This new initiative is an attempt to commercialize a chemical recycling technique that uses the PlaWave™ microwave-based plastic degradation technology developed by Microwave Chemical to directly break down ASR and SMC products into raw monomers. As it eliminates an intermediate step, direct monomerization is a more efficient means of recycling plastic waste into plastic than the conventional approach, which involves turning the waste into oil before monomerization. The technique also promises to reduce CO2 emissions through the use of electricity generated from renewable energy to power the decomposition process.

With initial deliberations having yielded positive results, the project will proceed to verification using Microwave Chemical’s bench-scale equipment before the end of fiscal 2021. A move to full implementation will be then be considered with the objective of promptly commencing demonstration tests.

Microwaves are an electromagnetic wave which is frequently used for microwave oven and communication applications, which can transfer energy to materials directly and selectively. As microwaves can be generated from renewable energy sources, this technology is environmentally friendly, which promotes a reduction of CO2 emissions

https://jp.mitsuichemicals.com/

Carbon Makes Design Engine™ Software Available to All

Carbon Makes Design Engine™ Software Available to All

 
 Carbon, a leading 3D printing technology company, announced today that it is launching the next generation of its Carbon Design Engine™ software and making the software licenses available to design teams globally for purchase in early 2022.

Carbon Design Engine allows product designers to generate advanced latticed parts quickly and easily from a solid part STL file and output STL files for printing on most common 3D printers. Previously, this software was available only to Carbon platform customers, but beginning in early 2022 software licenses will be available for individuals and teams to design, develop, and print advanced lattices on most common 3D printers. With broad accessibility to Carbon’s lattice-generating design software, design engineers and industrial designers can automate the process of creating conformal, multi-zone lattices, dramatically accelerating the product development process. Design Engine has been widely used by global brands to design high-performance, breakthrough products, including bike saddles, helmets, and sporting gloves.

Specialized Bicycles reimagined the bike saddle leveraging Carbon Design Engine. “We’ve invested heavily in research and innovation, with the goal of improving riders’ experience on the bike. Our collaboration using Carbon’s Design Engine software and 3D printing process enabled us to develop a saddle with different damping characteristics, something impossible with traditional foam, leading to superior comfort. We wanted to push the limits and our partnership with Carbon allowed us to do just that,” said Emma Boutcher, Saddles, Grips and Tapes Product Manager at Specialized.

Carbon’s idea-to-production platform enables creators to develop better products in less time. It is comprised of a wide range of materials, a suite of software to design products and define production processes, and high-speed 3D printers. Within Carbon’s software suite, Design Engine automates complex product design and development from prototyping to production. Innovative products designed with Design Engine have successfully moved from design to production in months and then been produced at scale.

“Creators are challenged with fragmented solutions and organizational silos that have caused friction, limitations on innovation, and delayed time to market. To successfully bring better products to market in less time, organizations need a platform that unifies product design, development, and manufacturing,” said Phil DeSimone, Chief Product and Business Development Officer at Carbon. “Carbon’s software suite, starting with Design Engine, aims to cover every step needed for companies to create products with superior performance while accelerating the time to market.”

Lattice structures require less material, while retaining tunable mechanical properties. As a result, latticed parts can provide performance advantages, including lightweighting, flexibility, improved cushioning and dampening, heat dissipation, and unique aesthetics. Because of Design Engine’s unique ability to run complex computations in the cloud, design engineers can experience extremely fast design cycles to rapidly refine lattice designs in minutes, and use most 3D printers to manufacture them immediately. As a result, this robust and powerful tool helps creators go from idea to functional lattice part in hours, rather than days.

Key features of Design Engine include:

  • Multi-zone: The Pro tier of Design Engine introduces the ability to tune multiple zones at once, integrating different lattice types, cell sizes, or strut diameters to create different zones of performance within a single part, using the same material.
  • Powerful zone transitions: The Pro tier of Design Engine uses patent-pending technology to seamlessly blend zones, producing attractive, functional lattices ready to use in real-world applications.
  • No tedious tuning: Designing even simple lattices often requires tedious, manual work that is prone to errors that can significantly impact part performance. Design Engine resolves lattice features, both large and small, while robustly transitioning seamlessly between different zones inside the same part for tunable performance.
  • Precise control: Lattices generated in Design Engine can be optimized for a wide array of performance characteristics, including part volume and tunable mechanical response.
  • Compatibility: Design Engine offers compatibility with most common additive manufacturing techniques by outputting generated lattices as STLs.

“Carbon’s move to open its design software to all designers is a game-changer for the product development process. We’ve seen what innovative designs are possible with Design Engine, and heard real use cases of efficiency from idea-to-production,” said Tim Greene, a Research Director at IDC. ”Moreover, the ability to generate designs that are agnostic to many printer technologies will empower more teams to rapidly create functional latticed parts.”

https://www.carbon3d.com/

Electric vehicles could fully recharge in under 5 minutes with new charging station cable design

Electric vehicles could fully recharge in under 5 minutes with new charging station cable design

Purdue University engineers have invented a new, patent-pending charging station cable that would fully recharge certain electric vehicles in under five minutes – about the same amount of time it takes to fill up a gas tank.

Today, chargers are limited in how quickly they can charge an EV’s battery due to the danger of overheating. To charge an EV faster, a higher current needs to travel through the charging cable. The higher the current, the greater amount of heat that must be removed to keep the charging cable operational. The cooling systems that chargers currently use remove only so much heat.

Using an alternative cooling method, Purdue researchers designed a charging cable that can deliver a current 4.6 times that of the fastest available EV chargers on the market today by removing up to 24.22 kilowatts of heat. The project was funded by a research and development alliance between Ford Motor Co. and Purdue.

Electric vehicle charging time can vary widely today, from 20 minutes at a station alongside a roadway to hours using an at-home charging station. Wait times and charger location are both cited as major sources of anxiety for people who are considering electric vehicle ownership.

“My lab specializes in coming up with solutions for situations where the amounts of heat that are produced are way beyond the capabilities of today’s technologies to remove,” said Issam Mudawar, Purdue’s Betty Ruth and Milton B. Hollander Family Professor of Mechanical Engineering.

“Ford is committed to making the transition to electrification easy,” said Matt Stover, director of charging, energy services and business development at Ford. “We are glad to support Purdue’s research, which has the potential to make electric vehicle and commercial fleet ownership more appealing and accessible.”

Though the prototype hasn’t been tested on EVs yet, Mudawar and his students demonstrated in the lab that their prototype accommodates a current of over 2,400 amperes – far beyond the 1,400-ampere minimum that would be needed to reduce charging times for large commercial EVs to five minutes. The most advanced chargers in the industry deliver only currents up to 520 amperes, and most chargers available to consumers support currents of less than 150 amperes.

Ultimately, charge times will be dependent on the power output ratings of the power supply and charging cable, and the power input rating of the EV’s battery. To obtain a sub-five minute charge, all three components will need to be rated to 2,500 amperes.

The prototype also mimics all the traits of a real-world charging station: It includes a pump, a tube with the same diameter as an actual charging cable, the same controls and instrumentation, and it has the same flow rates and temperatures.

Mudawar’s lab intends to work with EV or charging cable manufacturers to test the prototype on EVs within the next two years. The testing will determine more details on charge speeds for specific models of EVs.

Removing more heat to shorten EV charging time

EV charging stations and other types of electronics rely on liquid cooling systems to remove heat from within their wires. Increasing the current through a charging cable using this method would require larger conductive wires and more liquid coolant, making the cable heavier and difficult for customers to handle.

For the past 37 years, Mudawar has been developing ways to more efficiently cool electronics by taking advantage of how liquid captures heat when boiled into a vapor. By capturing heat in both liquid and vapor forms, a liquid-to-vapor cooling system can remove at least 10 times more heat than pure liquid cooling.

These cooling benefits make it possible to use a smaller wire diameter inside the charging cable while dissipating a higher current. Research papers on the team’s experimental demonstration of the charging cable prototype and the cooling method it uses have been published in the International Journal of Heat and Mass Transfer.

Despite decades of research on liquid-to-vapor cooling, no industry has begun using these systems yet because studies like those conducted by Mudawar’s lab are needed to understand how to best implement the technology.

“The industry has a gap in knowledge and expertise needed to switch from pure liquid cooling to liquid phase change cooling. How do you design the system? What type of equations do you use to optimize it? But we do have this knowledge through our extensive research,” Mudawar said.

Beyond EVs: aircraft and spacecraft

Based on what Mudawar and his students observed from experimental demonstrations of their prototype, liquid-to-vapor cooling is so effective at removing large amounts of heat that EVs could charge in far less than five minutes using this technology.

“The industry doesn’t really need EVs to charge faster than five minutes, but we think we can increase the current even more by modifying both the state of the incoming liquid and the design of the cooling space around the conductor wires in the charging cable,” Mudawar said.

The prototype’s ability to remove far more heat than other chargers wasn’t a surprise to Mudawar. “My lab has developed solutions using liquid phase change technology for many applications, including in aerospace and defense. We knew how capable the technology is,” he said.

Similar to the EV charging cable prototype, the systems that Mudawar’s lab has designed for aircraft allow avionics to dissipate great amounts of heat, increasing their performance. Mudawar also has projects funded by NASA to boost the cooling capabilities of rocket engines and spacecraft.

The researchers have filed a patent application for their charging cable invention through the Purdue Research Foundation Office of Technology Commercialization and are seeking additional industry partners to continue the technology’s development.

https://www.purdue.edu/

ALPLA establishes new Asia-Pacific region

ALPLA establishes new Asia-Pacific region

Reorganisation enables bundling of competences and resources

Hard, 19 November 2021 – The ALPLA Group, the global packaging solutions and recycling specialist, has announced that it is strengthening its footprint in Asia. On 1 January 2022, the Asia-Pacific (APAC) head office in Singapore will go live, with a new region being created from a merger of the former regions North East Asia and South East Asia. It includes current operations in China, Thailand, Vietnam and the Philippines.

The APAC region will be managed by Roland Wallner, currently ALPLA Managing Director North East Asia. With 2,750 employees, ALPLA APAC is well situated to develop the packaging of tomorrow for the Asian market. Alongside extending the reach of Alpla’s industry-leading moulding technology, a strong focus lies on the further development of circular economy activities in the region.

ALPLA CEO Philipp Lehner states: ‘We are convinced that establishing this new regional organisation is the right step to support our ambitions in the region. It will especially enable us to develop market-leading products and services for our growing customer base in Asia.’

Roland Wallner, designated ALPLA Managing Director Region APAC, adds: ‘With this step we are bundling our extensive competences and resources in different markets of the region and aligning them in terms of strategic development, customer service, sales and purchasing.’

More information about the company: www.alpla.com

Post processing solutions that meet the requirements for volume production

Automated post processing of 3D printed metal and plastic components

Post processing solutions that meet the requirements for volume production

Companies across many industries have come to the conclusion that additive manufacturing will make them less dependent on traditional supply chains. However, an essential pre-condition for this approach is that the post processing operations must comply with the requirements for volume production. AM Solutions – 3D post processing technology is eeting these challenges with new solutions for the automated post processing and efinement of 3D printed metal and plastic components. In parallel, the division AM Solutions – Manufacturing service partner supports the development and production of AM components with comprehensive services.

Additive manufacturing offers companies the potential to become less dependent on traditional supply chains and, at the same time, make their production operations more flexible and faster. However, the post-processing of 3D printed components is frequently a stumbling block against achieving these goals. On the one hand many post processing steps still require costly manual work, and on the other hand the post processing operations are limited to handling single components or extremely small production ots.
This does not allow compliance with the established standards for volume production, namely consistent and repeatable product quality, process control, cost-efficiency and sustainability. AM Solutions – 3D post processing technology, a division of the Rösler group that specializes in the automated post processing of 3D printed components produced in large volumes, now offers new equipment that allows a way out of this dilemma.

Safe and stable post processing of plastic components in 24/7

operation With the new S2 system AM Solutions – 3D post processing echnology offers the so far only continuous flow shot blast machine for post processing of 3D printed plastic components produced with powder-bed printing systems. The ATEX compliant plug-and-play machine was designed for round-the-clock three-shift operation and is equipped with interfaces llowing its integration into interlinked manufacturing lines. The work pieces are loaded into the machine as complete print jobs. The loading takes place either by hand or automatically. Once in the machine, the plastic components are gently passing through a special feed loop belt in single piece flow. The tumbling action of the components ensures that they are equally blasted from all sides so that any residual powder is consistently and completely removed from the component surface. Depending on the utilized blast media, the work piece surface can also be homogenized and/or peened. The machine can be equipped with up to four blast nozzles. The number of blast nozzles, the blast pressure and the transport speed can be individually adapted to the respective work pieces. These process parameters can then be stored in the control panel as individual processing recipes. On average, a print job requires cycle times of 15 to 20 minutes. Depending on the condition of the raw work pieces, the Ra surface roughness readings can be reduced by up to 13 µm.

To ensure that the blast media remains at a consistently high quality, the compact shot blast machine is equipped with an effective blast media cleaning and recycling system. This, in combination with the integrated electronic reporting tool, guarantees repeatability of the blasting results, complete process control and a high cost-efficiency of the post processing operation. A patent application covering the machine and the process is pending.

Eco-friendly chemical surface smoothing and application of a color dye – at low costs

The C2, presented as a concept solution, illustrates that AM Solutions – 3D post processing technology has its origins in the development and production of machinery and consumables for volume production. This patent-pending innovation enables fully automatic chemical surface smoothing of 3D printed components made of common polymers and elastomers (including TPU) in series. Thus, the costly single piece handling of the work pieces is completely eliminated for this post processing operation. The bounding box allows the processing of work piece dimensions ranging from 10 x 10 x 10 to 300 x 300 x 300 mm and a wall thickness of at least two millimeters. In addition, the process includes a newly developed, non-hazardous processing media that was specially developed by AM Solutions – 3D post processing technology. This ensures that the surface smoothing operation is not only eco-friendly but that the subsequent waste disposal is not subject to any environmental restrictions and is cost-effective.

The innovative C2 chemical surface smoothing system, for which a patent application is pending, can be retrofitted for applying a color dye on plastic components. The C2 will be commercial available in the first quarter of 2022.

Overcoming adversity with Sidel: high-speed PET water line installed for Iraqi National for Food

Overcoming adversity with Sidel: high-speed PET water line installed for Iraqi National for Food

Sidel has successfully installed its first high-speed PET packaging line for water in Baghdad as part of the greenfield project of Iraqi National Company for industrial food (Iraqi National for Food). With a speed of 48,000 bottles per hour (bph), the outstanding line efficiency of 96% corresponds closely with the high sustainability standards and right-weighting expertise in packaging design provided by Sidel. The new Dinar bottle produced for Iraqi National for Food comes in three sizes and is manufactured with the lightest preform on the market, based on Sidel’s StarLite™ design.

Iraqi National for Food belongs to the Iraqi National Group of Companies, which is one of the country’s leading companies in manufacturing, trade and transportation. Founded in 2019, Iraqi National for Food is recognised for its high-quality nutritional products. The company has many self-owned brands – ncluding “Hindrin” carbonated soft drinks, “Dinar” healthy water and “Ra’eege” pasteurised juice.

Iraqi National for Food initiated the new greenfield project to meet a growing demand for bottled water. After witnessing and experiencing first-hand Sidel’s solutions at two customer sites in Turkey, Iraqi National for Food chose Sidel as their partner to install the complete PET water packaging line.

Two firsts in Baghdad: Sidel’s high-speed PET water line and the lightest preform

Following an analysis of the market and the customer’s requirements, Sidel proposed a complete PET packaging line for water featuring a Sidel Combi as a turnkey solution, covering the entire process from packaging design to equipment supply. It thus became Sidel’s first and fastest high-speed line in Baghdad. The 48,000 bph line has a line efficiency of 96%. The complete line solution not only ensures high efficiency and quality, but also high sustainability standards which are of utmost importance to Iraqi National for Food. For example, at the beginning of the line, Sidel’s EvoBLOW blower fitted with the AirEco2 double air-recovery option.

reduces the required volume of compressed air by 35%. Furthermore, the Sidel Matrix Filler SF100 reduced filler enclosure provides a smaller filling environment with fewer chemicals and less water used during external cleaning. The air filtration system used in the filling process keeps the environment safe while ensuring high product quality.

In terms of packaging design, the bottle is designed and manufactured in three sizes (330 ml, 500 ml, 1500 ml) with one of the lightest preforms on the market (StarLITE base), further enhancing the roduct’s sustainability.

Close cooperation overcomes lockdown obstacles

To complete the installation on time, Sidel and Iraqi National for Food cooperated closely during this period, overcoming numerous logistic challenges posed by the lockdown further to the COVID-19 pandemic. “The situation made the process of dispatching our installation team as well as arranging spare parts more difficult. Although the line arrived at the site before the lockdown, the project execution was still hindered by the restrictions, especially because no one was allowed to travel to Iraq at the time. By tackling the dilemma together with the customer, Iraqi National for Food managed to arrange an exceptional flight for our team a few months after the lockdown,” explained Vedat Guler, Sales Director – Middle East at Sidel.

The installation and start-up only took six weeks and the first sellable bottle was produced and launched on the market by the middle of June 2020. “We are very happy that we chose Sidel for our complete water line project, in particular during the pandemic. The Sidel team provided great onsultancy and conducted efficient execution so that our product could be launched in a short period of time,” said Mohammed Jasim, Executive Manager at Iraqi National for Food.

LANXESS’ High Performance Materials business unit to become legally independent

LANXESS’ High Performance Materials business unit to become legally independent

New structure for best possible growth opportunities in the high-performance plastics business

Mumbai, November 16, 2021 – Specialty chemicals company LANXESS will transfer its High Performance Materials (HPM) business unit to an independent legal corporate structure. HPM is one of the leading suppliers of high-performance plastics. The materials are used primarily in the automotive, electrical and electronics industries. Electromobility in particular is a promising field of application for the LANXESS plastics, which are used predominantly for car bodies, battery housings and charging infrastructure.

“The global market for new forms of mobility is developing very dynamically and is strategically rearranging itself – creating many innovative alliances and partnerships. In order to get the most out of the growth opportunities in this market and to be able to act flexibly, we will create a separate legal structure for the business unit,” said Hubert Fink, member of the Board of Management of LANXESS AG. LANXESS will begin implementation in the first half of 2022.

The portfolio of the HPM business unit includes the engineering plastics polyamide and polybutylene terephthalate, as well as thermoplastic fiber composites. The business unit is characterized by the high backward integration of its production processes.

The business unit employs around 1,900 people at 14 sites worldwide. Sales are in the low single-digit billion euro range.

LANXESS again with leading positions in Dow Jones Sustainability Indices

LANXESS again with leading positions in Dow Jones Sustainability Indices

  • First rank in Dow Jones Sustainability Index (DJSI) Europe; second rank in DJSI World
  • Outstanding results in the areas of product stewardship, management of water related risks, and human rights

Mumbai, November 17, 2021 – LANXESS once again convinces in terms of sustainability: The specialty chemicals company placed first in the Dow Jones Sustainability Index (DJSI) Europe in the “Chemicals” category, scoring 87 out of 100 points. In the DJSI World, LANXESS came in second place. The Group achieved particularly good results in the areas of product stewardship, management of water-related risks, and human rights.

“We want to play an active role in the transformation of the economy and global value chains towards a more sustainable world,” said Hubert Fink, member of the Board of management of LANXESS AG. “We consider the renewed very good ranking in the Dow Jones Sustainability Index as proof of the success of our efforts.”

The Dow Jones Sustainability Indices evaluate economically relevant ESG factors once a year. ESG stands for the sustainability dimensions Environment, Social and Governance. The DJSI World lists the best 10 percent of the global companies evaluated per sector, while the DJSI Europe lists the best 20 percent of companies headquartered in Europe.

Sustainable use of water and chemicals

Two years ago, LANXESS published its plan on how to become climate-neutral by 2040. In 2020, the specialty chemicals company also committed to reducing water withdrawals at sites in areas with particularly high water stress by 15 percent by 2023.

In addition, LANXESS has pledged to further improve the sustainability performance of its product portfolio, eliminate critical substances in products, and to develop safe alternatives. The company has also committed not to market any new chemical end products that contain critical substances in a concentration of more than 0.1 percent.

Board remuneration linked to sustainability targets

In addition to voluntary commitments, the specialty chemicals company is focusing on incentive systems for greater sustainability: a new compensation system for the Board of Management has been in place since the beginning of the year. Roughly one-third of the variable compensation is linked to the company’s sustainability performance. Specifically, the company's performance in climate protection and occupational safety will be actored into the system for 2021.