According to new research, increasing levels of CO2 from human-made sources will amplify climate-related risks for the chemical industry. Serious impacts will include damage to capital assets, disruptions to transport and raw materials availability, and impacts on labor productivity and safety.
The need to adapt will make small-scale operations a growing part of the chemicals industry, even in the face of worse economics, as the impact of climate changes intensifies.
In the long term, decentralised manufacturing, such as fermentation or electrochemical production, will enable companies to operate across multiple smaller facilities, making the supply chain more resilient.
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