Specialty Chemicals value creation summary 2017

We are a major producer of specialty chemicals, supplying key products to business-to-business customers. 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 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.

The aim is to help us create economic, social and environmental value. Social value can be increased by our continued focus on safety, as well as our talent development programs and our contribution to various community activities.

All these initiatives are designed to play a role in contributing to our financial performance and enable us to deliver more economic value for our investors.

  • Economic value
  • Environmental value
  • Social value


Revenue development

in % versus 2016
Specialty Chemicals – Value creation – Revenue development (bar chart)

Revenue breakdown by business unit

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


13.8% ROS

19.1% ROI


of revenue from eco-premium solutions, due to RD&I investments


3.2 million tons

upstream CO2(e) emissions

91,600 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 drive resource productivity to make the most of valuable raw materials and reduce environmental impact, while strengthening our business.

3.0 million tons

CO2(e) emissions own operations

60 kilotons

total waste


2.0 million tons

downstream CO2(e) emissions

8.2 million tons

CO2(e) emissions cradle-to-grave


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



employees at year-end 2017


total reportable rate of injuries
(per 200,000 hours)

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


€797 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 achieving a more diverse workforce.

We participate in community programs and local sponsorships.

Carbon footprint

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