Journal of Business Chemistry
The academic journal for management issues
in the chemical industry
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Crises have kept the world in turmoil since the beginning of 2020. Currently, there is no end in sight and the chemical industry is in crisis mode. Very high energy and raw-material costs slowed down global industrial production or significantly reduced it. In some cases, the high energy costs even made production unprofitable. The topic […]
Abstract Organizational crises can ruin a firm’s reputation and threaten its survival. The field of chemistry and chemical engineering has experienced this from the classic example of the Tylenol scare to Deepwater Horizon. In most cases, the firm is focused on communicating outwardly with external stakeholders but what about the rest of the firm? New […]
Introduction Humans have mastered quite some crises. And we will need to master global ones in the near and distant future. Common sense and lessons learned along the way consistently attest to the fact that proper and resolute cooperation, towards clear joint objectives, is key for successful crisis management. The Executive Director of the United […]
More and more people are worried about harmful chemicals in our products. A survey by Statista from 2017 showed that 84% of the respondents fully agree or tend to agree with the statement “I am concerned about the health effects of chemicals in everyday products.” (Statista, 2017). This concern about harmful ingredients does not only […]
Introduction The pharmaceutical industry is currently undergoing a major shift, driven primarily by groundbreaking new therapeutic approaches and a radical technological revolution. Issues such as the growing population of our planet, high unmet medical needs in various disease areas, and the rise of certain emerging markets to global players represent further challenges the industry must […]
Two years ago, we described that the pandemic has added an additional element of chaos to an already volatile, uncertain, complex, and ambiguous world and we have asked, among other things, the questions: What about the highly globalized value chains – will we try to move the supply chains back to Europe and is it […]