Echemi: Provide Chemical Products and Services to Global Buyers

The global chemical industry is no stranger to the setback in capital market performance. From the recent trend, the chemical suppliers industry may enter a new field. Since 2000, the chemical industry has been in the leading position of its value chain peers in terms of total shareholder return (TSR). However, the industry's TSR performance has faltered in the past 18 months. This has happened once before. In 2014, the sharp drop in oil prices had a profound impact on the entire chemical industry - not only the petrochemical industry, but also led to long-term instability. However, the strong performance of the Chinese market, among other factors, has enabled chemical suppliers to overcome capital market concerns about the economy. In fact, the industry's TSR performance rebounded in 2016 and 2017 with a compound annual growth rate (CAGR) of 24% and peaked in January 2018. However, the decline in TSR performance over the past 18 months has been significant. The most obvious d

The role of BASF's market intelligence is to support strategic realization, whether it is investment projects, mergers and acquisitions, economic and competitor intelligence or daily research. " Background of chemical manufacturer BASF BASF, headquartered in Ludwigshafen, Germany, is the world's largest diversified chemical manufacturer. It is listed on the Frankfurt Stock Exchange, London Stock Exchange and Zurich stock exchange. BASF has about 111000 employees, six Verbund factories and nearly 370 production bases around the world, serving customers and partners in almost all countries. BASF Group has subsidiaries and joint ventures in more than 80 countries, and operates six integrated production bases and 390 other production bases in Europe, Asia, Australia, America and Africa. In 2011, BASF reported sales of $73.5 billion and revenue of $8.4 billion excluding special items. The role of chemical manufacturer BASF's market intelligence is to support the realizatio

Chemical suppliers are facing challenges from many fields. These factors include changes in raw material prices and geopolitical climate, unstable demand patterns, large-scale commercialization and customization of products, complex supply chains, transition to digitalization, competition from new companies, and more regulatory and environmental pressures than ever before. What's the use of a digital core with a single source of truth? Strategic focus of digital economy Digital economy is destructive. Chemical suppliers need strategic focus to promote transformation. Sap, supported by approyo, supports a set of re conceived end-to-end business scenarios to support the strategic priorities of working in a digital environment. Connect and work with customers, understand and become part of their value chain, and leverage digital technology to deliver innovative services and business outcomes, rather than selling products. Simplify to shorten cycle time - run simulation and prediction