Lehigh Valley Economic Development Corp.’s Post

📢 I would like to highlight the perspective of Dr. Götz Lauschke, CPO Evonik, who has a clear idea of what is urgent and important and is able to share his view. 🎳 We all know the discrepancy between the two determining factors of urgent and important. Sometimes we tend to deal with the urgent issues and forget what is really important. Because at first it feels good to have ticked off a task. But is it really important in the medium to long term? Having digitalization as a priority is not only the DNA of PINPOOLS, but of many leading minds in the chemical industry. 🗽 At PINPOOLS, we are convinced that constant exchange with industry leaders is essential to sharpen our vision for better chemical sourcing. And the exchange is a sieve for what is urgent or important. Or even both at the same time. 🛎 I personally believe that we need more people in the chemical industry who share their visions and are committed to them.

Scaling up new technologies isn’t just about speed—it’s about finding the right balance between acceleration and precision. VP of Manufacturing Science & Technology, Konrad Miller PhD PE, shares how Solugen navigates this journey by leveraging diverse technologies and a pragmatic approach to scale with purpose. Check out our latest blog to learn more about our process and what sets us apart from your typical chemical company 👉 https://bit.ly/3ZAQWqU

**Proud moment** My team and I delivered a successful presentation on Hengst Filtration, a pioneering Mittelstand company in Germany. Inspired by their vision to "Purify our Planet", we explored their innovative approaches to sustainable manufacturing. Special thanks to Prof. Werner for his valuable feedback! This experience has enriched our research, collaboration, and presentation skills. Looking forward to applying these learnings to future projects that drive sustainability and innovation! #HengstFiltration #Sustainability #Innovation"

Laying the Groundwork for BASF's Digital Transformation By Carsten Krause, April 4th, 2024 In an era defined by rapid technological advancement, BASF emerges as a luminary in the digital transformation arena within the chemical industry.

Jun Bei Liu from Tribeca Investment Partners says finding quality growth in the Australian market is difficult, but not impossible, and points to Chemist Warehouse, which is known for its strong brand and resilient earnings. Jun Bei says its recent backdoor listing via Sigma creates significant synergies and the potential for market expansion. Listen for Jun Bei's take on why to consider investing in Sigma's Chemist Warehouse era.

The new CTO has joined BYK Additives from Covestro and will concentrate on driving sustainable innovation, facilitating digital transformation, and converting regulatory requirements into cutting-edge products. #coatings #regulations #leadership #coatingsindustry #personnelannouncements https://lnkd.in/gkNSg-Kn

Laying the Groundwork for BASF's Digital Transformation By Carsten Krause, April 4th, 2024 In an era defined by rapid technological advancement, BASF emerges as a luminary in the digital transformation arena within the chemical industry.

Sumitomo Chemical has been selected as a "TOP 100 Global Innovator™ 2024" for the third consecutive year by Clarivate, a global leader in innovation information services.   It is an honor to be recognized among the top 0.01% of companies worldwide. This year, the influence, success rate, and investment of our patents, as well as their rarity, were cited as the main factors in the evaluation. Additionally, our research and development activities that focus on creating synergy between core technologies across various fields, both within and beyond our company, and our multifaceted approach to building a strong patent portfolio through intellectual property activities were also highlighted as key strengths.   We regard intellectual property and R&D as essential management assets and as two pillars of our contribution to a sustainable society and to the sustainable growth of our business.   Be sure to follow us to learn more about our efforts to forge a better tomorrow as a global innovator.   #innovation, #research, #development, #sustainable_society

From my perspective a news of highest importance: R&D is crucial to meet the challenges #climatechange and #resource depletion with #future sustainable living. Covestro is working on it 💪

Evonik is implementing a new business unit structure alongside a more streamlined management approach. Under this change, the company’s business lines, previously organized into four business divisions, will now be directly managed by members of the Executive Board. Moving forward, operational activities will be categorized into two distinct business pillars, enabling more differentiated management strategies. In recent years, Evonik has focused its portfolio on growth, resilience, and regional balance. Following this extensive reorganization, the company is now taking its next strategic step. "We have significantly improved the quality of our portfolio in recent years," said Christian Kullmann, Chairman of the Executive Board of Evonik Industries. "In our current structure, focusing solely on specialty chemicals is no longer sufficient to drive our growth. The concept of specialty chemicals has become too vague to distinguish us from competitors in the eyes of customers and capital markets. Moving forward, we will manage Evonik through two clearly defined pillars: one focused on solutions and innovation-driven businesses, and the other on technology and efficiency-driven businesses. Our new management model is built on this vision.” #Evonik #BusinessRestructure #SpecialtyChemicals #Innovation #Efficiency #ChemicalIndustry #CorporateStrategy #ManagementTransformation