Below our some important findings reported by CEFIC about both chemical production and sales developments. China continues to dominate the world ranking in Chemical Sales. A large number of countries in the top 10 are from Asia.
The analysis focuses on two key measures of economic value: the number of jobs sustained each year by the global chemical industry, and its contribution to the amount of gross domestic product GDP that different nations generate. To quantify these contributions, the economic impact assessment took into account not only the size of the industry itself its direct impactbut also its indirect and induced impacts, which relate to economic activity in its supply chain — including complex international linkages — and wage-funded staff spending, respectively. This equates to 7.
Industry representatives spoke darkly about new competitors from China and the Persian Gulf. In a further threat, the US fracking boom unearthed supplies of cheap shale gas, boosting American rivals. The industry in Europe was in real danger of being wiped out, like the European textile industry before it.
The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economyit converts raw materials oilnatural gasairwatermetalsand minerals into more than 70, different products. The plastics industry contains some overlap, as most chemical companies produce plastic as well as other chemicals. Various professionals are deeply involved in the chemical industry including chemical engineers, scientists, lab chemists, technicians, etc.
As the global voice of the chemical industry, the International Council of Chemical Associations ICCA is committed to playing a key role in the systemic transition to a circular economy as a […]. ICCA and its member associations, federations and companies are working together to pave the way to a more sustainable future and ensure the safety and protection of human health and the environment. About Policy.
In the beginning of the new millennium there seems to be growing interest in foresight and futures studies. It is therefore no surprise that these methodologies are also used in the chemical industry in order to cope with the growing uncertainty and volatility this industry has to deal with. More exceptionally, in the last couple of years different independent industry - wide initiatives were started to evaluate the future of the chemical industry.
ChemEx An exclusive industry profiling event for student in chemical-related studies. The 27 Jun event, well-received by more than 90 participants, provided in-depth information on SS requirements to facilitate adoption of this new standard. SinceSCIC has continuously engaged members of the public, an important stakeholder group for the chemical industry.
The chemical industry creates an immense variety of products which impinge on virtually every aspect of our lives. Figure 1 The chemical industry is one of the largest manufacturing industries in all developed and emerging countries. This is a view of the largest site in the world devoted to the industry, at Ludwigshaven in Germany.