Rising oil prices have two fold effects on chemical industry. Natural gas and petroleum are the basic building blocks in the manufacture of petrochemicals like ethylene and propylene.
Hence the cost of raw materials rises. The second effect is rising prices, which also has a negative impact on the overall economy and as a result manufacturers, agriculture firms, construction companies and automakers curtail their chemical purchases. So while costs for raw materials used in chemicals are rising, the prices for those chemicals can fall to match the reduced demand.
What have some of the leading manufacturers done? They adopted productivity methodologies like LEOSM, DFSS and Six Sigma to reduce cost and increase productivity. ASI-CG with its team of experts can help companies slash costs in increase profits.
Some of the clients we served are:
Dow Chemical
Dupont
DuPont Canada
Exxon Chemical Company
FMC Corporation
International Specialty Products
Lubrizol
Milliken & Company
Mobile Chemical Company
Morton International |
