6 Steps to Maximize Capital Efficiency in Chemical Manufacturing (Part 1) - Challenges & Trends
The chemical industry is undergoing unprecedented change. Margins are being squeezed by global competition, yet investors, regulators, and consumers are placing increasing pressure on chemical companies to meet new and evolving Environmental, Social, and Governance (ESG) commitments. Organizations must strike the right balance between cost-effectively managing today’s business and investing to meet future demands. In this video clip, Dan discusses how chemical companies need to develop capital plans that manage risk cost effectively, balance ESG and business goals, and improve decision-making agility to ensure CapEx decisions are aligned to strategic objectives and consider the ever-changing economic environment.