Blockchain can help transform supply chain networks in the chemicals and petroleum industry

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Supply chain relationships in the chemicals and petroleum industry are as vast and intricate as the geographies in which they operate. In the current “lower-for-longer” crude oil market, capitalizing on meaningful insight, cost take out, and the associated transformation opportunities for efficiency and longevity are keys to profitability. This applies across all internal and external supply chain functions for different subsidiary companies and divisions, and across established joint venture partners and supplier/subcontractor relationships.

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Smart Chemical Services

Smart Chemical Services knows that each project has its own unique challenges. We work with you to understand your current process while anticipating additional challenges to develop a unique, customized and effective treatment. We analyze and understand each stage of the process, testing treatments in the lab to prove they work, before they are applied in the field. Simply put, if it has not been proven in the lab it will not be pumped in the field!

OTHER ARTICLES

Setting record straight on testing harm in chemicals

Article | February 13, 2020

The modern world is built on chemicals, be it the medicines we use, or cleaning fluids, crop protection products, or the raw materials for everything from laptops and mobile phones to clothes and furniture. Across all, we have created an entire modern society with chemicals, and, as a result, constantly stretched the size of the world population we can feed, clothe and shelter. Yet, balancing all the gains from the modern chemistry around us against any negative environmental and human impact has been a rising concern, making for ever greater focus on testing and on risk assessment.

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The Potential Dangers Of Living Near A Chemical Plant

Article | February 13, 2020

Plant explosion may feel like a familiar news headline to Texans. But why? It's not the case in other areas of the country. Why do explosions seem so prevalent here? A straightforward reason for the unusual number of explosions in Texas is the type of industries that drive its economy. Texas is the nation's leader when it comes to petroleum refining and chemical product production. Refineries and production plants handle volatile chemicals. Without proper monitoring and safety measures, dangerous explosions can result.

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What Are Fine Chemicals?

Article | February 13, 2020

The initial versions of drugs were produced by extracting substances from natural herbs and other plants. As understanding and technology in chemistry continued to grow, scientists figured out to isolate and extract a lot more individual compounds from raw materials. The complicated processes that produce these simple, pure substances form the field of fine chemistry. The chemical industry is separated into branches, with fine chemicals serving as the smallest segment of them. Its companions are commodities and specialty chemicals. Commodity chemicals are those that are mass-produced on a big scale to supply global markets. They include general compounds that are the same from supplier to supplier. Specialty chemicals usually are sold as brand name products and are advertised for their distinct qualities and their abilities to carry out functions that other chemicals cannot. They are composed of one or more fine chemicals.

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CHEMICAL MANAGEMENT

Global polyolefins for the rest of 2021: supply to lengthen as demand muddle continues

Article | February 13, 2020

SOMEHOW, despite the still very serious container freight shortages that have limited imports, buying sentiment seems to have weakened in the European polyolefins market, according to my outstanding ICIS colleague, Linda Naylor.

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Spotlight

Smart Chemical Services

Smart Chemical Services knows that each project has its own unique challenges. We work with you to understand your current process while anticipating additional challenges to develop a unique, customized and effective treatment. We analyze and understand each stage of the process, testing treatments in the lab to prove they work, before they are applied in the field. Simply put, if it has not been proven in the lab it will not be pumped in the field!

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