14 December 2011 09:35 [Source: ICIS news]
DUBAI (ICIS)--Sustainability remains a driving force in the global chemical industry, with disciplined product development and focus on innovation key to meet the growing demand for more sustainable products, president of ExxonMobil Chemical Stephen Pryor said on Wednesday.
“For individual companies, this means developing products that promote sustainability across their life cycles, manufacturing them in an environmentally responsible and cost-effective manner, and marketing them to maximise their value to customers,” Pryor said.
“It’s no longer just about what we make, but how we make it,” he said.
Pryor was presenting at the 6th GPCA Forum that is being held on 13-15 December, with the theme “Moving Downstream – Creating Value and Sustainable Growth”.
The chemical industry’s vital role in sustainable development is to provide products that enhance the quality of life and reduce environmental impact, according to Pryor.
“The bottom line is our industry needs to be more engaged,” Pryor said.
“We need to raise awareness of the central role modern chemistry plays in raising living standards and promoting sustainable development,” he said.
To maintain their role as competitive global suppliers, Middle East producers must embrace a multi-dimensional approach, Pryor said.
“It’s about making the entire value chain more efficient, more effective, more transparent and with less environmental impact,” he added.
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