There are many industries around the world that are feeling the rising pressure to improve and adapt to new technologies while reducing their environmental footprint. One of these major industries is the advanced chemical industry. Certain areas within this sector are changing faster than others due to new regulations, the growing use of digital technology, and the change in customer needs. These chemical companies not only need to keep up with their usual production values but now must adapt to how they deliver them, whether that be their pharmaceuticals and agriculture to construction and electronics. The majority, if not all, clients now expect smarter sourcing, deeper clarity, and more sustainable options without affecting the quality of the product they receive. Although many may have a pessimistic outlook on these changes, it can also be viewed as positive as it provides new opportunities. For companies like us, keeping on top of the game along with our flexibility gives us the chance to create a smarter and more sustainable road ahead within the chemical industry. Below, I will expand on the most important trends that are happening in our chemical trade.
There is a huge rise in expectations regarding the environment from around the world. Concerns about the planet have always been big, especially when large chemical companies like us are involved, but as we progress further, these concerns are rising faster and stronger. The global regulation goals along with customer demand for eco-friendly production are driving businesses in the chemical industry to rethink their production systems. Using substances and materials that are safer and reduces risk is now called ‘Green Chemistry’, The EPA shared this statement earlier this year, ‘Green chemistry is the design of chemical products and processes that reduce or eliminate the use or generation of hazardous substances. Green chemistry applies across the life cycle of a chemical product, including its design, manufacture, use, and ultimate disposal.’ For ourselves and our members, this movement has already been implemented in daily operations. We help the environment through smarter sourcing of these substances and materials and enjoy focusing on low-impact chemical solutions. We’re not only helping ourselves by doing so, but we’re also assisting our customers by reducing their carbon footprint. We’re committed to ensuring that we not only maintain our sustainability but also improve it too, beyond both environmental goals and requirements.
The chemical industry is forever embracing new technologies which allow us to not only work smarter and faster but to also assist with production accuracy and product quality. Our data analysis and automated systems are brilliant tools we use in order to keep track of everything we do, they’re not only beneficial to us but also for the environment as it improves safety and risk reduction and in addition provides results such as output estimations so that we use more material’s than need. These advanced systems help companies stay ahead in the competitive market which keeps the quality of goods and services to a high standard. Our member companies using these modern systems means our customers are able to access a quicker service and gain more visibility into where their purchases come from and how they are made.
Chemical supply chains are being altered by the uncertainty of world views and the push to source more locally. With this, companies are shifting to more flexible strategies with a local focus. As we hold a large network across Europe, the Americas and Asia, it helps our partners respond quicker with faster delivery, lower risks and connects more effectively with target markets. With this, complex regulations like REACH, which we have previously mentioned, click here to read more, are tightening rules and industry standards. We keep a deep knowledge of these regulations and ensure easy access to the market and strong innovation, all while avoiding any setbacks. Another way of becoming faster and greener is collaboration. Pointed out above, our network system proves that collaborating expertise and trusted partnerships can really drive success without sacrificing anything. If you’d like to get in touch with us, contact us here.
