Category: Chemical Industry
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Does Your Chemical Trading Software Meet These Requirements?
[vc_row][vc_column][vc_column_text] The chemical industry plays a vital role in the global economy. Currently, valued at a whopping $3.94 trillion, the industry is expected to flourish and grow by 1.8% until 2024. Chemical trade businesses have specific needs that requires the support of an advanced ERP that can handle accurate measurements, manage multiple units of measure…
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5 Unavoidable Risks Stressing Out Diesel & Lubricant Traders.
[vc_row][vc_column][vc_column_text] In the world of commodity trading, diesel and lubricants are among the fastest growing energy commodities. According to a recent study, the global diesel market is expected to grow by $92.15 billion by 2024. Additionally, keeping pace with diesel, is the lubricants market that is set to see an increase of $87.1 billion by…
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Oil price crisis and how to optimise operations – Storage, Processing and Trading Industry
[vc_row][vc_column][vc_column_text]The sudden economic fall has brought stakeholders from oil refinery, processing, storage and distribution Industries into action on how to manage costs in uncertain oil and petrochemical fluctuation. Many multinational chemical processing companies have taken support of information technology to optimize production efficiency for high value products like lubricants, diesel, bitumen, sulphur, jet fuels etc.…