Chemicals company Stahl adopts blockchain

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WAALWIJK – Dutch chemicals specialist Stahl has partnered with blockchain provider Finboot and will leverage its Marco traceability solution to verify the sustainability credentials of its products to customer brands and manufacturers.  

Nish Kotecha, chairman and co-founder of Finboot, commented: “Empty claims are no longer tolerated, which means companies are now obliged to provide reliable and transparent data that verifies the changes they are making to their supply chains.  

“Brands are even backlisting suppliers that are not providing sufficient data, and this requirement is only expected to become more rigorous. We are delighted to be partnering with Stahl to help the company deliver on its strategy of improving the sustainability of the chemicals it uses.”

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