Explanation: Next Generation Assets

“Next generation assets” refer to innovative, future-oriented production facilities that are specifically designed to meet the sustainability criteria and technological requirements of the next industrial era. In the chemical industry, this means, among other things, an energy-efficient and low-CO₂ design, the use of alternative energy sources such as hydrogen and a high degree of flexibility in the face of changing raw materials or product requirements.

These plants are often planned taking into account internal CO₂ prices or sustainability scores. This means that ecological effects flow directly into investment decisions. "Next-generation assets are a key element in achieving net-zero targets and meeting regulatory and market-driven requirements.



back to last page

all glossary entries