Dipping demand leads to waste at DyStar
Pandemic-driven lower demand resulted in increased wastage in production plants at chemicals group Dystar during its 2020 financial year.
It was mainly related to a plant in the US that was left with raw material and product as demand fell.
The pandemic also created challenges for the group such as such as a shortage of raw materials and rising freight costs, it said in its new sustainability report.
Despite this, the Singapore-based group is confident of achieving its 2025 target of reducing by 30% its production footprint per tonne from a 2011 baseline.
Xu Yalin, board director of DyStar Group, said: “We will continue to innovate and develop a wide range of products and processes that improve environmental performance and reduce carbon footprint across our value chain.”
Eric Hopmann, CEO of DyStar Group, added: “We are also developing various projects in anticipation of demands from customers as well as adopting more environmentally friendly technologies and improving our workflows and processes. Some of our projects include traceability programmes, adopting renewable energy technologies and digitalising our business processes.”
