It is a tough environment for the chemicals sector currently; however, there are many opportunities for growth increasing over the long term. The issues challenging businesses are the same issues in which growth is most likely to occur.
Companies produce industrial chemicals for use in the formation of new substances. Resource scarcity and climate change, technological advances, shifts in global economic power and rising customer expectations are forcing the Chemicals Industry to adjust. They’re restructuring their organisations, increasing their customer focus, and trying to build distinctive capabilities that provide a competitive advantage.
When clients recognise key issues such as reactive workloads, high percentage breakdowns, poor cost control, high downtime and production losses and poor maintenance information system – optimised OEEs is a key solution to the reliability and availability of equipment. Additionally, a critical business solution is ISO 55000 Certification that undoubtedly in time will become mandatory.