I recently reached out to key players in the industry to find out what supply chain issues are still in play and how companies are mitigating the various challenges, as well as their projections for the future.
The supply chain has seen several major disruptions over the last 20 months or so. As a result of various issues arising from the beginning of the COVID-19 outbreak and the pandemic’s extended impact to natural disasters and more, the adhesive and sealant industry has been dealing with lack of supply, supply and demand disparities, and logistics complications, to name just a few.
When it comes to managing your laboratory or R&D data, having flexible software is a must. It is critical to find software that is both configurable and meets your needs. Electronic laboratory notebook (ELN) software is a standard solution for many companies.
The roundtable will explain risks and exposures and present ways to address them.
September 23, 2021
SOCMA will host an executive roundtable on October 6, with industry experts sharing best practices on how companies can enhance current operating practices to prevent and mitigate business interruption.
According to a recent report from Grand View Research, the global chemical distribution market was estimated to be $247.1 billion last year and is projected to see robust growth (5.4% CAGR) to 2028. The distribution of specialty chemicals, such as those used in CASE (coatings, adhesives, sealants, and elastomers) and other sectors, is expected to be the fastest-growing segment of the market, reaching $139 billion in that timeframe.
An ongoing, award-winning project highlights next-generation possibilities for the raw materials and chemicals supply chain.
September 16, 2021
Earlier this year, BASF received the German Innovation Award 2021 in the Excellence in Business to Business-Chemical Industry category for a project involving the use of smart intermediate bulk containers (IBCs). These awards are presented by the German Design Council to recognize aspects of product innovation within different industries that offer additional benefits compared with previous solutions.
What do distributors of raw materials and chemicals consider to be the primary challenges facing materials producers and purchasers? How can distributors help companies all along the supply chain understand and navigate the various forces impacting the industry? To find answers to these questions (and others), we reached out to leaders in the distribution industry.