Specialty Chemicals value creation summary 2015

We are a major producer of specialty chemicals, supplying key products to business-to-business customers in all four of our end-user segments. We utilize inherently high energy processes and focus strongly on reducing and energy use, while saving costs in our own operations.

Developing close relationships with our customers – and helping them to create value – is key to our ongoing success, along with efficient processes, an increased focus on and renewable energy and a high level of innovation. These initiatives will create economic, social and environmental value. Social value is increased by our continued focus on safety, as well as our talent development programs and our contribution to various community activities.

All these initiatives will contribute to our financial performance and ultimately lead to more economic value for our investors.

  • Economic value
  • Environmental value
  • Social value

Organization

Revenue breakdown by business unit in %

Specialty Chemicals – Value creation – Revenue breakdown by business unit (pie chart)Specialty Chemicals – Value creation – Revenue breakdown by business unit (pie chart)

Revenue breakdown by end-user segment in %

Specialty Chemicals – Value creation – Revenue breakdown by end-user segment (pie chart)Specialty Chemicals – Value creation – Revenue breakdown by end-user segment (pie chart)

Revenue development in % versus 2014

Specialty Chemicals – Value creation – Revenue development (bar chart)Specialty Chemicals – Value creation – Revenue development (bar chart)

Outcomes

12.2% ROS

17.2% ROI

17%

of revenue from eco-premium solutions

RD&I investments have resulted in 17 percent of revenue derived from ecopremium solutions with customer benefits.

Eco-premium solutions with customer benefits
% of revenue

Specialty Chemicals – Value creation – Eco-premium solutions with customer benefits (bar chart)Specialty Chemicals – Value creation – Eco-premium solutions with customer benefits (bar chart)

Organization

3.3 million tons

upstream CO2(e) emissions

89,200 TJ

energy use

We continue to improve efficiency by reducing our energy use per ton of production, and are working towards improving our share of renewable energy. We continue to improve the environmental footprint of our operations by focusing on operational eco-efficiency.

3.4 million tons

CO2(e) emissions own operations

66 kilotons

total waste

Outcomes

1.9 million tons

downstream CO2(e) emissions

8.6 million tons

CO2(e) emissions cradle-to-grave

6%

increase CO2(e) per ton of sales from 2012 cradle-to-grave carbon footprint

Organization

9,100

employees at year-end 2015

1.9

total reportable rate of injuries

Employee safety is a key priority and we are actively driving towards a reduction in the number of incidents.

Total reportable rate of injuries
per million hours

Specialty Chemicals – Value creation – Total reportable rate of injuries (bar chart)Specialty Chemicals – Value creation – Total reportable rate of injuries (bar chart)

Outcomes

€780 million

employee benefits

We highly value, and actively work on improving, employee engagement. We’re investing in training and development and continue to work on a more diverse workforce.

4.12

employee engagement score

We participate in community programs and local sponsorships.

Carbon footprint

The carbon footprint of a product or organization is the total amount of greenhouse gas (GHG) emissions caused during a defined period, or across the total or part of a product lifecycle. It is expressed in terms of the amount of carbon dioxide equivalents CO2(e) emitted.

Eco-premium solutions (EPS)

A measure of the eco-efficiency of our products. An eco-premium solution is significantly better than competing offers in the market in at least one eco-efficiency criterion (toxicity, energy use, use of natural resources/raw materials, emissions and waste, land use, risks, health and well-being), and not significantly worse in any other criteria.