The cost of energy is one of the greatest immediate challenges facing the manufacturing sector. According to the World Bank, in 2022 energy prices surged 60 percent, with 2023 projections show an 11 percent decline. However, despite this, energy prices will still be 75 percent above the past five year average.
Innovations that reduce the energy used in the manufacturing process are good for business and are good for the planet. Many of Henkel’s customers are sharing in the drive to reduce their carbon footprint as part of their sustainability goals, with canmakers putting sustainability at the top of their agenda.
In this blog, I focus on the potential to reduce the energy used in making cans, delivering lower costs and greater sustainability, and the role that Henkel is playing as a global market leader in delivering innovative solutions.