2022 brought extraordinary challenges for the global chemical companies, such as Russias invasion of Ukraine, leading to increased energy prices and interrupted gas supplies to Europe, rising interest rates, slowing economic growth, and strict lockdowns in China to combat the COVID-19 pandemic, which slowed economic activity. A slight increase was largely driven by higher selling prices, not increased production volumes [1].

Climate and environmental protection continue to be of great importance, and worldwide chemical companies have been actively promoting their environmentally friendly and sustainable products and processes [2]. Key focal points have included areas such as plastic recycling and CO2 reduction.

This is what true pioneering spirit looks like: Plenty of innovative start-ups are bringing fresh ideas, lifeblood and entrepreneurial spirit to change tomorrow's world for the better. Immerse yourself in the world of these young companies and take the opportunity to get in touch with the founders.
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The chemical companies comprises the companies and other organizations that develop and produce industrial, specialty and other chemicals. Central to the modern world economy, it converts raw materials (oil, natural gas, air, water, metals, and minerals) into commodity chemicals for industrial and consumer products. It includes industries for petrochemicals such as polymers for plastics and synthetic fibers; inorganic chemicals such as acids and alkalis; agricultural chemicals such as fertilizers, pesticides and herbicides; and other categories such as industrial gases, speciality chemical companies and pharmaceuticals.

Various professionals are involved in the chemical companies including chemical engineers, chemists and lab technicians.
This evaluation is based on the companys revenue and categorizes their performance into four distinct areas: toxicity of their product portfolio, research and development of non-toxic chemical companies, management and transparency, and the number and scope of controversies and scandals the company has been involved in. This assessment relies on publicly available data. [2]