Chemical companies have been making good on a pledge to slash their emissions by half from 2020.
But they have a big task ahead of them, and the industry’s biggest companies have set their sights on their biggest market: China.
China’s Chemical Industry Index (COI) has been compiled by the UK-based Carbon Tracker, which tracks the CO2 emissions of more than 100 chemical and chemicals companies in the country.
The index is a benchmark of how the world’s largest chemical companies compare with the rest of the industry, as well as their impact on global emissions.
In China, the index puts the chemical industry at the bottom of the pile in terms of CO2-related emissions per dollar of GDP.
However, the biggest companies are struggling to meet that target.
The country is the world, and it is the largest exporter of chemicals to the rest and it has a growing demand for them, according to the OECD.
China has already seen the world shift towards clean technology, and in the coming years, it may take some time for its industry to catch up.
The Chinese government has promised to reduce carbon emissions by 40 per cent by 2030.
However this target is set to take years to deliver, and many industry groups have voiced concerns about the quality of China’s targets and the country’s inability to meet them.
The latest COI report also puts the CO 2 emissions of the UK’s biggest chemical companies at just 1.6 per cent of GDP, far below the OECD average of 1.8 per cent.
The UK chemical industry is the third largest in the world after the US and Canada, according the Carbon Tracker.
Chemical companies in China are also seeing a drop in the cost of CO 2 from the year before.
The average cost of a CO 2 emission in China dropped by 3.1 per cent, according a new report by IHS Global Insight.
This is not a big enough drop to keep up with the industry as a whole, but it is good news for chemical companies in Europe.
It also makes it more challenging for the industry to meet its 2020 target to reduce its CO2 by a further 4.2 per cent from 2020, the report said.
China, with the second-largest market for chemicals, is the only country where chemical companies are also struggling to increase their CO2 emission targets.
This could be because the Chinese government is still pushing to develop its CO 2 capture and storage facilities, which will allow the country to use a cleaner fuel source, such as coal, for electricity generation.
However, the industry has also been facing the threat of pollution from the coal industry.
The China National Chemical Corporation, which owns some of China´s largest chemical manufacturers, is in the process of decommissioning two coal-fired power stations in Shanghai.
This means that, by 2020, almost half of the country´s power stations will be producing coal.
China is also the world´s top producer of chemicals, but the country has recently announced plans to phase out its coal industry by 2030, which means it will be importing almost all of its chemicals from overseas.
The CO2 in the air in China is also far worse than that in the US, with a peak annual peak in December of 3,000 tonnes.
The impact of China on the world Chemical industry companies are facing challenges, and this is why the UK has been investing heavily in the industry.
A major new investment is a £1bn funding round from Royal Dutch Shell and the Royal Institution of British Architects (RIBA), which will be used to invest in new equipment, new research and the production of new chemicals.
The funding will allow Royal Dutch to expand the scale of the investment, and will help boost the industry by bringing in more staff.
However there is a risk that the UK will lose some of its position as a major exporter.
The British Chemicals Council (BCCI), which represents the industry in the UK, says that its members are not expecting any major changes to the sector from the funding.
It said that it is looking at a range of options including a merger or acquisition of some of the chemicals companies, but this would depend on the outcome of the government´s strategy for 2020.
“The UK’s chemical sector has suffered from the fact that it does not have a strong domestic chemical industry, with relatively little research and development activity.
In the UK there are two chemical industry groups and one research and technology group.
Both are looking for ways to improve and diversify their products.
They are both looking at how to address some of their weaknesses,” said Caroline Allen, director of the British Chemists Council, in a statement.