Indorama Ventures Reports A Record FY22 Performance, Outweighing A Challenging Fourth Quarter

D K Agarwal, Deputy Group CEO of Indorama Ventures

BANGKOK, Thailand — February 27, 2023 — Indorama Ventures Public Co. Ltd. (IVL), a global sustainable chemical producer, today reported a record FY22 financial performance from the company’s global manufacturing footprint serving end-consumers’ resilient need for daily necessities. The unusually high level of customer destocking that weighed on the fourth quarter result is expected to have leveled out and business should return to normal operating conditions, with China’s reopening to further spur demand.

Full-year Core EBITDA climbed 31 percent YoY to $2.3 billion as revenue rose 28 percent to a record $18.8 billion. The company recorded strong cash flows of $2.2 billion, up 111 percent YoY. Indorama Ventures’ geographically diversified, integrated platform, backed by management’s agility, withstood unprecedented global events to generate earnings through the business cycle. During the year, the company continued to focus on its growth plan, successfully integrating its strategic surfactants business in Latin America and Vietnamese packaging acquisition. A dedicated senior team is working tirelessly and is committed to the company’s ‘Vision 2030’ sustainability goals including recycling technologies and introducing biomass feedstock to the company’s product portfolio. The ongoing ‘Project Olympus’ cost transformation program delivered an annual run rate of $449 million in efficiencies.

The strong annual result was impacted by an unusually challenging final quarter as fears of a recession and reduced transit times led to widespread destocking by customers. 4Q22 Core EBITDA declined 43 percent YoY to $264 million on a 1-percent drop in revenue to $3.9 billion. The pandemic lockdown in China also continued into the final quarter, reducing factory demand across Indorama Ventures’ portfolio and resulting in narrower margins from lower prices and higher costs. Higher energy and utility costs impacted European operations as the war in Ukraine continued into the winter.

To improve competitiveness and build resilience, Indorama Ventures rationalized underperforming assets in the Fibers business in Europe and a PTA site in Asia, resulting in a $7 million cash impairment in 4Q22 and a $253 million non-cash impact. As a result, the company looks forward to a $38 million uplift in EBITDA in 2023, reaching up to $65 million by 2025.

The company’s Board has approved full-year dividend of 1.60 Baht per share, its highest ever on the back of EPS of 5.39 Baht, an increase of 18 percent YoY.

D K Agarwal, Deputy Group CEO of Indorama Ventures, said: “In 2022, we showed how our strong market leadership, our integrated global model, and diverse product portfolio serving consumers daily needs allow us to generate earnings that outlast fluctuations through the business cycle. As we did during the preceding pandemic period, my colleagues were able to respond efficiently to cover customers’ needs across our footprint amid global disruptions. Fundamental consumer demand remains strong, and we expect the destocking that impacted volumes in the fourth quarter to recover in the first half of this year.”

Posted: February 27, 2023

Source: Indorama Ventures (IVL)

MP Activewear Launches The Tempo Ultra Collection Featuring Polygiene StayFresh™

MALMÖ, Sweden — February 24, 2023 — Designed for people who desire affordable, performance-optimising activewear, with a reduced impact on the environment, the SS23 MP Activewear Tempo Ultra collection features innovative Polygiene® technology for a smell-free, fresher feel and more Mindful Living™.

Launching on the 24th of February, 2023, the Tempo Ultra collection meets the needs of HIIT-hungry athletes and regular gym-goers. Having utilized Polygiene technology in products since 2022, MP Activewear is integrating Polygiene StayFresh™ across the Tempo Ultra collection. MP Activewear’s premium apparel will now benefit from our performance technology’s ability to eliminate odors, prevent the spread of bacteria, and reduce the need for washing.

Desirable extra performance, created for eco-aware athletes

Perfect for targeting HIIT and gym workouts, the Tempo Ultra collection is the ultimate range to tackle any type of training:

  • Mesh panels and Coolmax technology regulate body temperature, keeping you cooler and enabling you to push further.
  • Sweat-wicking, quick-drying fabrics transfer moisture away from the skin and provide the stretch and flex all athletes require.

Alongside performance-enhancing technical benefits, Activewear MP brings its distinctive sense of style to the table. Seamless constructions are prevalent throughout the collection, ensuring a flattering profile and eliminating rubbing. Bold colorways dominate, and the printed, patterned finishes on several products draw the eye.

Polygiene StayFresh™ prioritizes environmental sustainability and maximizes performance

By controlling odors and limiting bacterial growth, Polygiene’s performance technology guarantees a more hygienic feel, boosts self-confidence, and allows you to train harder, perform better and achieve your fitness goals without worrying about the stink.

But Polygiene is not exclusively concerned with performance in the gym. Our technology also helps MP Activewear and its customers reduce their environmental impact. By keeping your gym wear fresher for longer, Polygiene StayFresh means you can wear more and wash less.

Skip every second wash – and significantly reduce the environmental impact

By skipping every second wash, you reduce environmental impact by up to one-third, saving 3,800 liters of water and 51 kWh of electricity a year. Your gear also lasts longer, saving you money and reducing consumption. At a time when energy prices are spiking, water shortages are commonplace, and the cost-of-living crisis is biting, Polygiene StayFresh technology can impact your everyday life and the planet by giving you the opportunity to wash your garments less frequently.

Polygiene StayFresh™ – Benefits at a Glance

  • Reduces odor-causing bacteria in garments so that you stink less
  • Fresh, comfortable feel for longer, allowing you to wear more, wash less.
  • Reduces energy, water and detergent consumption.
  • Less washing can cut the environmental impact by up to one-third.
  • Your favorite products last longer, reducing waste and saving you money.

Working toward a more sustainable future

Our partnership with MP Activewear reflects the brand’s recognition that sustainability matters to all manufacturers. “Not only does Polygiene elevate our product by increasing its longevity and eliminating odors by preventing bacteria growth, but we also believe Polygiene is a perfect partner in terms of sustainability,” explained Lauren Sandison, MP Activewear’s Sourcing manager. “Its brand message of “wear more, wash less” is something we want to educate our own customers on. Having Polygiene technology on some of our designs is great for both product and purpose!”

Posted: February 24, 2023

Source: Polygiene Group™

SDC Survey: 78 Percent Of Dyeing And Coloration Professionals Believe Formal, On-The-Job Education Is More Important Than Ever

BRADFORD, England — February 22, 2023 — The Society of Dyers and Colourists today urged companies and organizations to commit to upskilling staff, and secure a brighter future for the global industry.

The rallying call follows the release of the SDC Education Survey 2023 in which an overwhelming majority of coloration professionals in 25 countries underlined the value of colour education to organizations.

A total of 82 of the survey’s 105 respondents — 78 percent of the highly-knowledgeable sample — agreed that current, difficult times for dyeing and coloration mean it is more important than ever that employers educate their workforces, funding qualifications for key personnel.

Other key findings in a white paper centered on the survey, now available to download, included:

77 respondents, or 73.3 percent, stated that their own organization’s success was linked with technical, educational attainment.

Some 60 percent of those surveyed felt their own organization prioritizes formal, on-the-job education where appropriate.

More than three quarters of participants — 76.1 percent — said their employer appreciated the benefit of having well-qualified staff.

However, the questionnaire also revealed difficulties in committing to paying for courses for employees, and perhaps some negative attitudes to color education:

Nearly half of respondents, or 46.6 percent, believe harsh trading conditions are making it hard or impossible for firms to fund learn-while-you-earn opportunities.

However, almost a quarter of professionals asked, 23.8 percent, felt their workplace could fund qualifications but chose not to.

A total of 52, 48.5 percent, stated that their company or organization could be performing better, and that this was linked with underqualified or underexperienced personnel.

Dr. Graham Clayton, CEO of the SDC, said: “Our survey is packed with the insight of professionals at every level, in different global territories — and many of them are highly qualified in technical, color disciplines.

“Their conclusions on the value of workplace education — whether provided by the SDC, universities, colleges or other operators – is clear. They feel employers should step up the qualifications they offer to fund, despite tight budgets and times of uncertainty.

“They know that staff who are able to underpin their skills and experience with technical theory have a clear advantage in driving improvement and innovation, and therefore performance and profit.”

Dr. Clayton continued: “If individual businesses and organizations are thriving, this puts the coloration sector in a much stronger position to face the challenges ahead.”

Early in 2021 the SDC published its global Skills Survey in which 71 percent of participants agreed there was a worldwide shortage of knowledgeable coloration professionals.

While student numbers on the SDC online learning register remain steady, there is certainly scope for more companies to get behind education as a driver to secure better times ahead.

The SDC offers Foundation Textile Coloration Certificate and Textile Coloration Certificate (FTCC/TCC) and the honours degree equivalent Associateship of the SDC (ASDC) leading to Chartered Colourist (CCol) status, as well as a range of short courses, all detailed on the organization’s Colour Network.

The Worshipful Company of Dyers offers help with funding for FTCC/TCC candidates to UK companies, covering up to 60 percent of fees through the Future Dyers’ Fund.

Posted: February 23, 2023

Source: Society of Dyers and Colourists (SDC)

Delta Galil Appoints Mark Stocker As President Of Branded Division

TEL AVIV, Israel — February 22, 2023 — Delta Galil Industries Ltd. — the global manufacturer and marketer of branded and private label intimate apparel, leisurewear, activewear and denim products for men, women and children — today announced that it has appointed Mark Stocker as president, Delta Galil Branded Division, effective January 30, 2023. Stocker is a highly accomplished merchandising and product strategy executive whose previous experience includes leading the strategic vision for the apparel division of Macy’s. He will be based in New York and will report directly to Delta Galil CEO Isaac Dabah.

“We are excited to welcome Mark to the Delta Galil leadership team,” CEO Dabah said. “I am confident he will make significant contributions to drive further growth for our branded ladies’ intimates and sleepwear and kids’ businesses in the US. His deep understanding of the product lifecycle, from brand development to customer engagement, will be integral to our continued success.”

In his new role, Stocker will be responsible for leading design, merchandising and sales for Delta Galil’s US branded ladies’ intimates and sleepwear and kids’ businesses, including the adidas, Calvin Klein Kids, Lauren Ralph Lauren, Polo Ralph Lauren, Tommy Hilfiger and Wolford brands, along with Delta Galil’s own P.J. Salvage brand.

“Delta Galil is globally renowned as an innovative leader in apparel manufacturing and marketing and I’m thrilled to be joining the company’s leadership team at this exciting moment,” Stocker said. “The US business encompasses some of the most beloved and respected consumer brands in the market today and I see great opportunities to help further accelerate the growth of the company’s branded division here in the States.”

Stocker spent the bulk of his career at Macy’s in a series of roles of increasing responsibility, beginning in planning and then transitioning into product-centric roles and ultimately leading the strategic vision for the apparel division for the digital channel and stores. Most recently, he served as President and Chief Merchandising Officer at Saadia Group, where he developed and led the brand repositioning for the Lord & Taylor and New York & Company brands.

Posted: February 23, 2023

Source: Delta Galil Industries, Ltd.

Crystal International Recycles Fabric Waste To Embrace Vision Of Zero Operational Waste To Landfill

HONG KONG — February 23, 2023 — Crystal International Group Ltd. has been spending untiring efforts in minimizing operational waste generation and disposal in its global factories. To move ahead towards the vision of Zero Landfill, the group is working relentlessly to adopt holistic waste management and put circularity into practice. Crystal’s sportswear factory in Vietnam and lifestyle wear factory in China successfully attained zero production waste to landfill by diverting 100 percent of its production waste away from landfill and incineration through recycling and waste-to-energy.

Further to the group’s waste management practices across the entire production and supply chain, including reduction at source via managing material purchasing and utilization, the factories stepped ahead and fully uncovered the value of fabric waste with various initiatives through collaboration with qualified waste co-processing partners.

The sportswear factory in Vietnam recycled fabric waste to pillow cores and plastic powder. These recycling initiatives successfully reduced more than 125,000 kilograms (kg) of carbon emissions per year originated from the waste treatment and disposal. The factory also recovered energy and made use of fabric waste material for cement production by a thorough process of mixing fabric waste with cement raw materials and co-processing at least 1400°C in cement kiln. Around 5,900 kg of cement could be produced by recycling over 117,000 kg of waste.

The lifestyle wear factory in China established a comprehensive waste collection system which encompassed waste streams. In addition to recycling fabric waste into yarns, other waste such as sludge and food waste were recycled into bricks and fish feed respectively. To fully utilize all sorted waste, non-recyclable waste was sent to waste co-processing partner for energy recovery. In 2022, the factory diverted 3,040 metric tons solid waste from landfill.

“Waste is not a waste, we upcycle and recycle fabric waste from factories to create new styles. We always embed circularity into our design to manufacturing stages and rethink how fabric waste from operation could generate positive impact. Look forward to collaborating with different partners to explore new circularity opportunities,” said Catherine Chiu, vice president, Global Sustainability of Crystal International.

Circular economy is one of key enablers to remedy waste issue in the supply chain and achieve net zero. Crystal International will continue to scale up circularity and upcycling with other stakeholders, paving the way for an ecofriendly and sustainable fashion industry.

Posted: February 23, 2023

Source: Crystal International Group

GIS Expands KM1024i & KM1800i Printhead Support Platform

CAMBRIDGE, England — February 23, 2023 — Global Inkjet Systems Ltd (GIS), a Nano-Dimension division, has expanded its Konica Minolta KM1024i & KM1800i printhead support, now available on the company’s latest Ethernet platform in addition to the well-established USB platform. This product portfolio expansion increases the technology choice on offer for OEMs and System Integrators for these popular Konica Minolta printheads, used in applications including labels, security, wallpaper, product decoration and direct to shape.

Support for the KM1024i & KM1800i printheads on the GIS Ethernet platform is achieved through the GIS Head Management Board, the HMB-DG2. A new Digital Head Board (DHB), the DHB-KM-Xi, connects to adapt the HMB-DG2 signals to drive each Konica Minolta KM1024i or KM1800i printhead to its fullest potential.

The new GIS HMB-DG2 / DHB-KM-Xi combination, with its flexible and compact design, can drive up to 2 x Konica Minolta KM1024i or KM1800i printheads off each DHB. It comes with an option to add up to 2 x stackable MEZ daughter boards to support up to 6 x printhead connections and multiple HMBs can be scaled to support larger systems. The HMB-DG2 includes data management, head drive voltage control and printhead diagnostics, all accessed over Ethernet. The GIS datapath hardware is complemented by Atlas® software offering optional RIP, VDP and Image Quality (IQ) Tools to achieve the high-quality, demanding printing requirements of industrial applications.

GIS will continue to supply the USB datapath solution alongside the new Ethernet solution.

“GIS Konica Minolta printhead support via the USB platform is long established with hundreds of installations worldwide. We are delighted not only to continue this successful product line, but also to add the Ethernet platform to give our customers greater choice for their industrial print production systems,” said Debbie Thorp, Business Development director.

Posted: February 23, 2023

Source: Global Inkjet Systems Ltd (GIS)

OCA, GOTS, And IFOAM- Organics International Spark Vital Conversations And Drive Sector Transformation

STUTTGART, Germany — February 23, 2023 — The Organic Cotton & Textiles Conference, taking place in Indore, India over three days, from February 27-March 1 is set to bring together a diverse group of key players from every part of the textile supply chain. Farmers, farm groups, industry representatives, non-profits, academics, suppliers, brands, certifiers, government representatives and policymakers will join nearly 200 guests at the multi-day event. The aim is to foster collaboration, explore innovative ideas, listen to those on the ground and focus discussions to develop a shared vision to boost the organic textile supply chain worldwide.

Co-hosted by  OCA, GOTS, and IFOAM – Organics International, the conference will address a range of subjects including social conditions, transparency through innovation, scaling up organic through investment, as well as sessions tackling certification, decent work and environmental impacts. The event also gives voice to farmers, who join as panellists, in a dedicated Q&A session with seven organic cotton farmers from the region. On the third day, organised by OCA, the organic farmers will welcome attendees to their communities during field trips west to Petlawad to witness organic practices at ground level.

“By addressing these important issues and fostering a dialogue between participants, the conference aims to develop innovative solutions that can drive progress and growth in the sector”, says Bart Vollaard, Executive Director of OCA. “We are thrilled to be joining forces with GOTS and IFOAM to create positive change in the organic textile sector.”

“Together with IFOAM – Organics International and OCA, GOTS wants to increase visibility of organic and at the same time enhance integrity of organic fibres and textiles. This conference shall serve to strengthen the sector by addressing obstacles and work on effective solutions, in consultation with all relevant and committed stakeholders”, notes Claudia Kersten, Managing Director of GOTS.

Sarah Compson of the IFOAM – Organics International World Board adds “Organic agriculture directly addresses some of the most pressing challenges of our time. IFOAM – Organics International is delighted to collaborate with OCA and GOTS to bring together people from across the whole textile sector and address the barriers and opportunities for scaling organic cotton production worldwide.”

With a strong line-up of notable speakers and guests in a supportive and engaging atmosphere, and a unique approach that connects participants from every step of the supply chain, the Organic Cotton & Textiles Conference is set to be a valuable and transformative event for key stakeholders involved in the organic textile industry.

Posted: February 23, 2023

Source: GOTS

Carnegie Fabrics Expands Biobased Xorel® With Craft Collection

Forge Couture

NEW YORK CITY — February 23, 2023 — Carnegie Fabrics, a sustainable textiles and acoustical management solutions provider for the commercial industry, today announces it has expanded its line of critically-acclaimed plant-based fabrics, Biobased Xorel®, with three new hospitality-inspired patterns designed with equal considerations for beauty, performance, durability, and cleanability. Celebrating the beauty and rigor of technical skills, Craft Collection woven fabrics are embroidered and metallic embossed, giving them an intricate and elegant design to elevate hospitality environments and other markets seeking to emulate hospitality-like comforts, including healthcare, corporate, and multifamily.

With users across every industry demanding greater environmental, social, and governance (ESG) accountability from brands, Biobased Xorel fulfills the market need as the most sustainable commercial-grade textile collection on the market. The Craft Collection is Cradle to Cradle Gold and Living Product Challenge certified, with all fabrics being 100-percent PVC-free and made from 91-percent biobased PE content from sugarcane. Sourced responsibly and produced with a low environmental impact, Biobased Xorel is intrinsically healthy and safe for people and the environment. All patterns in the Craft Collection are stain-resistant, inherently antimicrobial, bleach-cleanable, and incredibly durable, each selection verified between 200,000 to one million double rubs.

“When expanding Biobased Xorel with the Craft Collection, we wanted to create textiles that provide leading sustainable performance while creating soothing, beautiful, and elegant hospitality-inspired environments,” said Heather Bush, Chief Creative Officer at Carnegie. “The design team leaned on current trends while remaining original and timeless. The new patterns successfully deliver on the post-pandemic industry priorities for health, safety, cleanability and sustainability.”

Exploring the dichotomy between slow, meticulous processes such as hand stitching or weaving and large-scale mechanized precision like metalworking, the Craft Collection pays homage to both, searching for meaning through process and transforming resulting designs into beautifully intricate patterns. The Craft Collection captures the essence of intentional labor and translates it into beautiful and elegant high-performance products that invite you to linger.

The new patterns include:

Forge Couture — Metallic precision, Forge Couture is a glamorous take on the clarity of metal working—the transformation of a durable material such as metal into a desirable and alluring artifact. Forge Couture can be specified for upholstered walls and panels, upholstery, wallcoverings, and is available for Xorel Artform configurations.

Maison Embroider — Embroidered wildflowers capturing diverse uniqueness, Maison Embroider evokes the freedom and expression of free stitching through delicate artistry but with the durability and high performance of Xorel. Maison Embroider can be selected for panels, upholstered walls, upholstery, and wallcoverings.

Wicker Matte — Echoing the strength and durability of natural wicker, Wicker Matte celebrates the beauty of variation through natural striations and a highly textural look. Wicker Matte is available for panels, upholstered walls and upholstery.

Each pattern in the Craft Collection comes in several color options. In addition to Cradle to Cradle and Living Product Challenge certifications, the collection has also earned SCS Indoor Advantage Gold status, is verified as a USDA Certified Biobased product, is Level 4 TUV Austria OK biobased certified, and is eligible to contribute to project LEED credentials.

Posted: February 23, 2023

Source: Carnegie Fabrics

Plastics Industry Association (PLASTICS) Issues January Retail Sales Analysis

WASHINGTON — February 23, 2023 — The Plastics Industry Association (PLASTICS) has released “Retail Sales off to a Good Start in 2023?,” an economic analysis of January retail sales and the impact on the plastic industry, authored by Chief Economist Dr. Perc Pineda.

Dr. Pineda writes: “If the economy continues to stay strong, and consumers remain engaged, plastic product shipments could increase as plastics and plastic products are part of household consumption. However, with the U.S. economic outlook continuing to evolve, a single data point does not reflect an underlying growth momentum in the economy. The U.S. economy is adjusting from a robust 5.9% post-COVID-19 growth rate in 2021 to long-run sustainable growth.”

The Plastics Industry Association (PLASTICS) is the only organization that supports the entire plastics supply chain, including Equipment Suppliers, Material Suppliers, Processors, and Recyclers, representing over one million workers in our $468 billion U.S. industry. PLASTICS advances the priorities of our members who are dedicated to investing in technologies that improve capabilities and advances in recycling and sustainability and providing essential products that allow for the protection and safety of our lives. Since 1937, PLASTICS has been working to make its members, and the sixth largest U.S. manufacturing industry, more globally competitive while supporting circularity through educational initiatives, industry-leading insights and events, convening opportunities and policy advocacy, including the largest plastics trade show in the Americas, NPE2024: The Plastics Show.

Posted: February 23, 2023

Source: The Plastics Industry Association (PLASTICS)

New Online Tool Maps PFAS Hotspots In Businesses Ahead Of EU Ban

GOTHENBURG, Sweden — February 23, 2023 — Today — just a couple of weeks after the big PFAS restriction proposal in the EU was published — ChemSec launches the PFAS Guide, which helps companies investigate the use of persistent chemicals within their businesses. The main feature of the PFAS Guide is the searchable database uncovering different PFAS uses and functions, but the online tool also provides guidance on different aspects of the phase-out process from regulation and investigation all the way to testing and supply chain communication.

“We’ve been working to support companies in chemical substitution for a long time, and the last few years we’ve gathered a group of companies working specifically on the PFAS issue. The discussions with them made it clear to us that a main challenge is understanding if and where in your business you may have PFAS”, says Dr. Anna Lennquist, Project Leader for the PFAS Guide.

PFAS are a source of growing concern

It has been estimated that 95 percent of all manufactured goods rely on some form of industrial chemical process. A large share of the chemicals used in these processes have been linked to adverse impacts on human health and the environment. PFAS are a clear example of this problem. PFAS have been manufactured and used in products such as make-up, non-stick pans, water- and greaseproof textiles, food-packaging materials, and firefighting foam since the 1950s and are still used in a wide variety of products around the world today.

But they are also substances of growing concern due to their problematic properties. Per- and polyfluorinated alkyl substances (PFAS) are a group of several thousand man-made chemicals that accumulate in the environment and cause health impacts for generations. They are, for example, linked to cancer, lung disease, diabetes, reproductive abnormalities and learning difficulties. Since PFAS do not degrade, these “forever chemicals” are now so widespread that is safe to say that every single human being on the planet have detectable levels of these toxic chemicals in their blood.

A couple of weeks ago, a big proposal to restrict PFAS in the EU was published. The five EU Member States behind the proposal submitted a broad restriction proposal that clearly shows the need for the industry to put all resources into phasing out all PFAS substances.

Many stakeholders are moving away from PFAS

At the same time, determination to get rid of “forever chemicals” is gaining momentum from other stakeholders as well. Over a hundred companies have, for example, come together to support a ban on PFAS.

“At Zound Industries, with our Brands Marshall and Urbanears, we are aware of the widespread use of PFAS in electronics. But we are on a mission to phase out PFAS in the headphones and speakers we design and sell, in order to make them circular. The PFAS Guide from ChemSec will be a valuable resource for any company in the industry”, says Anna Forsgren, Compliance and Sustainability Manager at Zound Industries.

Some of the world’s largest investment firms have also taken a stand. Last year, a group of investors sent out a letter to chemical companies encouraging them to stop the production of persistent chemicals. The success of the letter resulted in a recently launched formal investors initiative to tackle the PFAS crisis. The 50 institutional investors that are members of the initiative have more than US$10 trillion of assets under management or advice.

With upcoming PFAS restrictions in the EU and elsewhere, the new online tool could not have come at a better time. How to phase out PFAS is something all companies — large and small — will need to analyse sooner rather than later.

“The PFAS Guide is a very useful tool. The step-by-step guide makes it easy to identify potential uses of PFAS in products and gives guidance on how to phase it out as well. It’s a great help for companies looking to ensure that their products are PFAS-free”, says Louisa Raith Sørensen, Strategic Project Leader at Coop.

Posted: February 23, 2023

Source: ChemSec – the International Chemical Secretariat

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