Chemical Industry Success Factors: 6 Steps to Success
Especially after a decade of financial struggle and consolidation, chemical companies face fierce competition as they strive to drive sustainable innovation, growth, and profitability. With the highest forecasted growth rates in more than 20 years, the future looks bright, but there are still immense challenges ahead.
To advance beyond surviving to thrive, the forerunners in this industry are already implementing six strategies.
Fully prepare for rapid globalization and growth. Rapid growth in new regions and markets through mergers and acquisitions is a critical success factor for leading chemical companies. They are entering these markets with pre-configured, field-proven best practices and adaptive business processes that can be deployed and ramped up quickly.
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24-Apr-2024 12:48 pm
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