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 carbon footprint 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 eco-premium solutions 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.
During 2015, several asset integrity and efficiency improvement projects, as well as growth projects for specific segments, were carried out.
Revenue breakdown by business unit in %
Revenue breakdown by end-user segment in %
Revenue development in % versus 2014
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
3.3 million tons
upstream CO2(e) emissions
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
1.9 million tons
downstream CO2(e) emissions
8.6 million tons
CO2(e) emissions cradle-to-grave
increase CO2(e) per ton of sales from 2012 cradle-to-grave carbon footprint
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
employee engagement score
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
employees at year-end 2015
We participate in community programs and local sponsorships
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.
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.