One way or another – Part 2: Energy transition in transportation will drive chemicals

One way or another – Part 2: Energy transition in transportation will drive chemicals

chemicals, Sustainability

I recently spoke at the Adhesive and Sealant Council’s 2024 Annual Convention and EXPO in Louisville, Kentucky, where much attention was placed on the value proposition of adhesives and sealants in the realm of energy transition. Discussions revolved around bio-based and low-carbon products, as well as the applications of adhesives and sealants in emerging sectors…

One way or another – Part 1: Energy transition in transportation will drive chemicals

One way or another – Part 1: Energy transition in transportation will drive chemicals

chemicals, Sustainability

Although electric vehicle (EV) sales are slowing, they have surpassed expectations in the past few years. While an average EV still remains more expensive than an internal combustion engine (ICE) vehicle today, prices have fallen significantly in recent years. As shown in exhibit 1, the decline in lithium-ion battery pack prices since 2015 is particularly…