The outlook for oil prices is very volatile. In order to ensure flexibility in dealing with this problem, chemical manufacturer needs to build new organizational capabilities. The drop in oil prices since mid-2014 has had a significant impact on the global chemical industry. Many producers are unprepared for the scale and speed of the impact on their businesses.… Read More »
After the 2021 Spring Festival, the chemical market conditions in China and other celebrated festivals in Asia will be different from previous years. Although China is about to celebrate the Lunar New Year (February 11 BBB 0 17), companies and factories will resume operations after the Spring Festival than expected due to an increase in cases of the… Read More »
The innovation of chemical industry should not be limited to the development of new products. Chemical manufacturer needs to use the entire chemical ecosystem to develop new business models and discovery methods, explore new markets, and improve innovation efficiency. Chemical manufacturers can innovate in products and new discovery methods, as well as in several other areas. While chemical… Read More »
China’s growth and past capital investment mean that China accounts for a higher proportion of the total revenue of multinational chemical manufacturers. Of the total sales of China’s top 15 multinational companies, 7.5-50% come from China, while smaller companies tend to invest more actively. Large multinational chemical manufacturer is not waiting. China’s growth has led to additional investment… Read More »
Although chemical manufacturer recognizes the importance of strong purchasing power, few companies turn this function into a source of strategic advantage. Here’s how they did it. To obtain raw materials with appropriate price, specification, quantity and quality is the basis for chemical manufacturers to make profits. The purchase expenditure is equivalent to 20% to 60% of the sales… Read More »
What is chemical manufacturing insurance? Chemical manufacturing is an important global industry that creates specialized products for many uses. These facilities use inorganic and organic materials to develop chemical outputs, which are necessary for highly diverse areas. Whether you produce intermediate products for manufacturers in other industries or end products that go directly into the hands of consumers,… Read More »