Sustainability success for Dystar despite challenges
24/08/2023
The figures were included in its new Sustainability Report, covering 2022, in which it also shows a 52% reduction in wastewater production intensity, and a 24% reduction from 2021.
Every year, DyStar purchases more than 700 types of raw materials and crude/semi-finished goods for the production of finished goods. In 2022, its top purchased raw materials included indigo granules and its intermediates – disperse and VAT dye press cakes. These raw materials accounted for approximately 50% of DyStar’s total purchases during the year. DyStar’s production plants consumed a total of 104,049 tons of raw materials and intermediates in FY2022.
After a strong start to the year, the group was affected by worsening inflation of the global economy. This resulted in a slowdown in demand The dye business also faced challenges such as higher energy, transportation and labour costs.
However, CEO Eric Hopmann is positive: “One of the key opportunities ahead lies in striking the right balance between improving our environmental footprint and managing costs effectively. DyStar, with its established setup, is well-equipped to meet these challenges. However, the speed of implementation may depend on various factors that we will closely monitor and adapt to accordingly.
“In pursuit of becoming an environmental and innovation global leader, we will continue to explore opportunities for growth and development. By leveraging our expertise, expanding into differentiated product categories, and embracing bio technologies, we aim to address emerging market demands and meet the evolving needs of our customers.”
Share this story:
