#Sustainability

2022-09-15

DyStar releases 2021 – 2022 Integrated Sustainability Report

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation is pleased to announce the release of its twelfth annual Sustainability Performance Report. The report is prepared in accordance with the updated GRI Standards 2021: Core option. DyStar continues to adopt the Integrated Reporting framework to communicate how the group has successfully created tangible value across multiple stakeholder groups in six major capitals.

DyStar is delighted to report that we have inched ourselves closer to some of our 2025 target of reducing our environmental footprint by 30% for every ton of product, from 2011 levels. While on others, we are working diligently to make more improvements. Here are some key highlights for FY2021:

Recorded more than 29% increase in revenue compared to 2020

Zero workplace fatalities, high-consequence injuries, and work-related ill health

40% reduction in Greenhouse gas (GHG) emission intensity, compared to 2011

37% decrease in wastewater emission intensity, compared to 2011

Mr. Xu Yalin, Executive Board Director of DyStar Group said, “As a leading specialty chemical manufacturer and producer, DyStar will continue to invest responsibly into product innovation and diversify into renewable energy, to drive sustainable outcomes across our value chain and industries.”

Mr. Eric Hopmann, CEO of DyStar Group remarked, “We remain cautiously optimistic about the company’s financial and environmental performance. The integrated value creation model that we began in 2020 has proven to be effective and will continue to support our efforts toward DyStar’s 2025 Sustainability Master Plan.”

The Group was able to remain resilient and steer itself toward optimistic growth and recovery from the global pandemic in FY2021. In face of recent geopolitical events and macroeconomic factors such as soaring energy costs, DyStar and the wider supply chain will continue to face challenges. As a result, we believe it is crucial to stay committed to our 2025 Sustainability goals to continue generating value for all of our stakeholders in the longer term, well beyond these turbulent times.

The report communicates DyStar’s progress towards its sustainability agenda and material topics. As part of our commitment to environmental sustainability, only an e-magazine and a PDF version will be made available for download from

http://www.DyStar.com/sustainability-reports/

DyStar releases FY2025 sustainability report, marking a new milestone towards its 2030 targets

DyStar, a leading specialty chemicals company with more than a century of expertise in product development and innovation, today announced the release of its FY2025 Sustainability Report, marking a significant milestone in its sustainability journey and reinforcing its commitment to long-term value creation.

Update on DyStar’s transition to full ownership of Zhejiang Longsheng Group

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, wishes to provide an update on the progress of Share Purchase Agreement signed for the acquisition of 37.57% of the issued share capital of DyStar Global Holdings (Singapore) Pte Ltd.

Updated supply chain taxonomy advances apparel alignment

The apparel alliance (Apparel Impact Institute, Cascale, Textile Exchange, and ZDHC Foundation) today announced the launch of Version 2 of the Supply Chain Taxonomy, an updated harmonized framework designed to improve consistency, transparency, and collaboration across the textile, clothing, leather, and footwear (TCLF) sectors of the broader apparel industry.

Indovinya advances sustainable solutions with agreement for the supply of renewable Oxygen from Air Liquide

Indovinya, the specialty chemicals and surfactants division of Indorama Ventures, has entered into an agreement with Air Liquide — a world leader in gases, technologies, and services for industry and healthcare — for the supply of renewable oxygen. The agreement represents a strategic advancement in Indovinya’s commitment to sustainability, as it increases the share of renewable raw materials in the production of ethylene oxide, one of its key products.

EU ban on destroying unsold clothing and footwear now in force

The European Union's ban on the destruction of unsold clothing, clothing accessories and footwear has entered into force. Since July 19, 2026, large companies across the EU have been prohibited from destroying unsold textile products, while medium-sized companies will be required to comply with the same rules from 2030.

Eastman Naia™ brings its inside-out denim vision to Kingpins New York

Following its debut at Kingpins Amsterdam, Eastman Naia™ brings the next chapter of its denim story to Kingpins New York, taking place July 22–23. At Booth Green 7, Naia™ presents its denim proposition built around three complementary design directions: Performance Denim, Fashion Denim and Authentic Denim.