Business

Artificial intelligence is bringing more change to chemical manufacturer

Four ways of applying artificial intelligence and machine learning in chemical industry In the application of tools and technologies for artificial intelligence and machine learning, each chemical manufacturer has its own blueprint to follow, but in the chemical industry, some broader areas may be common. Let’s look at these four aspects 01. Data processing and […]

Business

Chemical manufacturer is slowly but surely regaining their mojo

After a period of silence, the chemical industry is slowly and steadily recovering its charm. After being at the wrong end of the global economic crisis, this highly cyclical industry is finally struggling in difficult waters. In 2018, driven by the U.S. market, the global chemical industry is expected to usher in a good start. […]

Business

How should multinational chemical manufacturer reposition themselves

How should multinational chemical manufacturer reposition themselves The major changes that are taking place in China’s economy may help multinational chemical manufacturer as they try to enter China’s specialty chemicals market in new ways – especially if they can learn from past mistakes. As China’s economy becomes more consumption driven and environmental standards become stricter, […]

Business

End-to-end digital transformation of chemical manufacturer

Digital technology subverts the old way of working, but it also reveals opportunities for improvement. Chemical manufacturer can obtain value by digitizing the whole value chain. Three major trends are reshaping the operation mode of chemical manufacturers: great progress in technology and innovation, rapid changes in customer demand, and rising costs and productivity. Of course, […]

Business

Digital strategies for future business models for chemical manufacturer

For the chemical industry, R & D is a big business – more than $51 billion is invested in R & D every year, and two-thirds of CEOs pursue new products and services to drive revenue. Given the high cost of development, company leaders need to be strategic in new product development, because the nature […]