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Aryfahmed/Adobe Stock With plastics’ future tied to the chemicals industry, what are the ongoing drivers and challenges that affect both?
As the world moves along the path to a zero-carbon future, the chemical industry, along with all other industrial sectors, is under heightened pressure to hasten its transition. For the sector sustainability is not a new challenge; for decades companies have worked under increasingly stringent regulations. The spotlight is now shining brightly on chemical companies and their impact on climate change, global food supply shortages and how to deal with plastic waste. But what are the actual drivers for sustainable transformation in the chemicals industry?
Ukraine can play key role in Europe’s energy Green Deal UkraineAlert by Aura Sabadus
The International Renewable Energy Agency (IRENA), World Bank, and EU have all argued that Ukraine could become a world leader in renewable production. (Patrick Batard/ABACAPRESS.COM via REUTERS)
Ukrainian oil and gas giant Naftogaz has unveiled its strategy to 2025, identifying the need to achieve carbon neutrality as one of its three long-term objectives. This vision, and in particular the company’s declared interest in pursuing projects aligned with the EU’s green targets, should start a much-needed domestic debate about Ukraine’s options and how these would fit within Europe’s push for net zero emissions by 2050.
Uzma Bhd's share price climbed to an 11-month high of 76.5 sen this morning following news that the upstream support service provider has been granted two licences by the Energy Commission (EC) to import liquefied natural gas (LNG) into the country.