Strong trends toward energy transition may act as game changer in the wax industry

Global energy and chemical markets are currently making strong advances toward energy transition,
which seemed more like blue-sky thinking until 2020. The economic and health crises in 2020 have
recentered the attention of the players in the chemicals and energy market toward protecting the
global ecosystem and regeneration. The wax industry is also advancing toward cleaner, sustainable,
and circular products, which could potentially reshape the future of this industry.