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Sound management of chemical

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Chemical substance is an indispensable part of modern daily life. Almost no industry does not use chemicals, and no economic sector does not use chemicals. Millions of people around the world live richer, more productive and more comfortable lives because there are thousands of chemicals on the market today. These chemicals are used in a variety of products and processes, although they are major contributors to the national and world economy, their voice management is critical throughout the life cycle to avoid significant and increasingly complex risks to human health and ecosystems and substantial national economic costs. Industries that produce and use these substances have a significant impact on employment, trade and economic growth around the world, but they can have adverse effects on human health and the environment. Over time, global economic and regulatory forces affect changes in the production, transportation, import, export, use and disposal of chemicals. Due to the growi
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Three specific propositions to accelerate the innovation of chemical companies

TNO helps the chemical industry innovate, enabling enterprises to reduce costs and bring new products to market faster. Enterprises looking for new products or production processes seek advice from TNO, and conduct pilot design and test in TNO or third-party laboratories. This enables TNO to continue to contribute to successful innovation in the sector.   Chemical companies  want to reduce their dependence on single raw materials, such as fossil materials. The shift from fossil to renewable materials offers new opportunities and helps to make the chemical industry more sustainable. The bulk chemical industry in Europe is facing fierce competition from the Middle East, the United States and other regions with low energy and raw material costs. In addition, emerging economies are the main growth markets for bulk chemical products. In response to these trends, the European chemical industry is developing into producers of specialized products produced near the source of raw materials, suc
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Procurement problems faced by chemical suppliers

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Purchasing is the core of any large organization. Finding the raw materials you need at the right price is the key to keep your business going. In the complex and delicate world of the chemical industry, there are very few chemical suppliers who meet all the requirements. The following are seven common procurement problems faced by chemical suppliers: 1. More competition and greater complexity You're not afraid of competition, but you don't want them to have the upper hand in getting the best sources of chemicals. The industry is complex and demanding, and so are your orders. You need a chemical supplier who fully understands your complex needs and meets them every time. 2. It will exceed the budget It's much easier than we're willing to admit. Overspending can have direct and serious consequences, affecting credit lines, disrupting profit forecasts, and stopping further purchases. Although this situation can usually be remedied, it is important to make the procurement
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By 2027, the market size of specialty chemical products will reach $957.3 billion

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Special chemical products are specific types of chemicals that provide different effects for different industries, such as ink additives, textiles, oil and gas, cosmetics, construction and food. Special chemicals are basically produced in the reactor, usually the entity or single chemical formula of the chemicals. Their composition affects the performance of consumer products to a great extent. The use of these chemicals is based on their performance and function. A lot of research and development have been carried out in the market of special chemicals, which has promoted the development of products with advanced and best characteristics. growth factor One of the most important factors in the growing demand for specific end use chemicals, such as oil, paper pulp and personal care, is the expected demand for high performance chemicals. In addition, increasing innovation and R & D are key growth factors, as the market is largely driven by changing consumer preferences. Manufacturer
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Some of the most pressing threats facing chemical manufacturer today

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After 10 years or more of economic growth, the global chemical industry is preparing for a possible global economic downturn. Concerns about the economic slowdown in the United States, the security of future energy supply, and the increasing regulatory burden in many regions have exacerbated the general impression that difficult times may still be ahead. In the past, this difficult period has often proved to be an opportunity for chemical manufacturer to take advantage of their advantages and maintain profitability through innovation. Although these opportunities have been fully elaborated in C & I and other publications, the potential threats have not been fully explored. Some of them seem obvious. For example, the impact of the current turmoil in global financial markets remains to be seen. Due to climate change, more and more regulations will be imposed on the industry. Of course, in the foreseeable future, the oil industry will have to endure high oil prices. However, many oth
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How will digital technology reshape the pattern of chemical and materials

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In recent decades, most of the chemical and material industries have seen only gradual innovation, with growth mainly due to the expansion of new geographic markets, and rarely from product innovation. At the same time, the industry is also facing additional pressure due to higher consumer requirements for personalization, sustainability and efficiency, which forces the chemical and material industries to innovate their business practices. Lux research outlines the cases that have been used in the chemical and material industry in its latest report, the digital transformation of chemicals and materials, and looks forward to how digital technology will reshape the pattern of chemicals and materials in the coming decades. "Business process driven innovation in the era is a tight competition, not just the characteristics of the product itself - chemicals and materials companies compete for customer experience and ability to keep low prices up their operations," explains Katrina
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The digital transformation of chemical manufacturer

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The chemical industry is not a single industry. It is a group of industries that produce a wide range of products in many unique segments. Due to the rapid changes in digital technology, consumer demand and global competition, basic chemicals, paints, beauty products, spices and food seasonings are facing pressure. In the past, large producers dominated the market. These large manufacturers value operational efficiency rather than flexibility and adaptability. Today, this market is being challenged by niche market participants who are strongly focused on consumer demand. These chemical manufacturer has differentiated existing enterprises, producing smaller batches of products according to the needs of individual customers, selling services, experiences and achievements, and taking the lead in adopting digital technology at the core of their business. Big established companies and smaller emerging competitors face the same problems. As oil prices continue to fall, the rapid commerciali
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