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Economic Value Generated and Distributed
Our investment decisions and growth strategy are guided by an emphasis on sustainable business practices and full compliance with laws, regulations and internal standards.
Strong financial performance is key to the sustainable growth of our business and our future success. Our stakeholders around the world expect us to deliver on our financial commitments by generating and distributing economic value.
With our “Creating for Tomorrow” strategy, we continue to leverage our strengths and invest for advantaged growth. We aim to accelerate our growth by continuing to win in our core markets and increasing our share in applications with significant growth potential, particularly in the battery materials sector and the increasing market demand for digital printing solutions.
We recognize that we have a critical role to play in the electrification of vehicle fleets and stationary energy storage. As the only global player with a complete conductive additives portfolio, we continue to expand our capabilities in the battery materials market. We recently upgraded the manufacturing capabilities of our facility in Tianjin, China to support the growth of our Battery Materials product line as well as established a new battery application technology center in Germany focused on supporting customers and accelerating battery application innovation within Europe.
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We are committed to expending considerable resources to construct, maintain, operate and improve our facilities throughout the world for safety, health and environmental (SH&E) protection and to comply with SH&E requirements. This includes significant capital investments in emissions control technology that improve air quality through the reduction of NOX and SOX emissions. As part of this work, we recently installed air pollution control equipment at our carbon black plant in Ville Platte, LA, USA.
Inkjet Facility Expansion in Haverhill
To meet the growing demand of the inkjet market for digital printing applications, we have increased our global capacity of aqueous pigment dispersions at our Inkjet manufacturing facility in Haverhill, MA, USA. In addition to starting the operations of a new production line, our facility underwent capital expansion projects including upgrades to manufacturing equipment and process technologies. These upgrades enable enhanced operational efficiencies, a reduction in water usage and an increase in capacity to offer broader product portfolios for our inkjet customers.
Expanding our Black Masterbatch and Conductive Compounds Capacity
We enhanced our market presence in Asia Pacific by establishing a new black masterbatch and conductive compounds facility in Cilegon, Indonesia, which is co-located with our existing carbon black plant. The new facility incorporates state-of-the-art technologies, integrated site economics, reduced waste and the use of recovered waste heat energy from the carbon black facility. This black masterbatch and conductive compounds plant serves customers in the Asia Pacific North and South regions in the automotive, electronics, infrastructure, agriculture and packaging industries.
Performance
View our latest sustainability report to learn about our progress and goals.
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