Home > Resources > Whitepapers > How digital transformation is reformulating the chemicals industry

How digital transformation is reformulating the chemicals industry

December 20, 2017

In today’s digital economy, you either disrupt—or you get disrupted. As one of the largest and most diverse business sectors in the world, the chemicals industry is a strategic supplier to virtually all segments of the economy. However, the majority of companies specialize in a select few product lines, making the chemicals industry an especially competitive, operationally unique and environmentally challenging field. To be a disruptor in the chemicals industry, organizations must act now to prepare for a very different tomorrow based on some pervasive global trends.

Spotlight

Circuit Therapeutics

Circuit Therapeutics is the industry leader in optogenetics and is pioneering new treatments through the use of this groundbreaking technology. Optogenetics has gained rapid acceptance globally and is being used by hundreds of laboratories worldwide. Of note, Nature named optogenetics “Method of the Year 2010” to recognize the major impact it has had on the understanding of neural circuits and the potential it holds for future therapies.

OTHER WHITEPAPERS

Why Deck 7

whitePaper | January 1, 2020

With over 2,800 campaigns each year delivered through a team of 300+ digital, data, and technology specialists, Deck 7 is a first resource for B2B demand generation services for marketers worldwide. Clients leverage Deck 7’s multichannel content marketing services and Media 7’s network of 30+ online publications for content syndication to engage over 95 million buyers across 16 industries and 120+ countries.

Achieving the next frontier of chemicals excellence Digital maturity model to help ease the transition

whitePaper | December 30, 2019

The chemicals industry is going through a transformation. Many existing and emerging trends are shaping the future of the industry, which include increasing competition, a shift in economic power, disruptive innovations in end markets, changes in feedstock, accelerating commoditization, sustainability, digitization, and Industry 4.0. These key developments which are determining the future of chemicals broadly fall into three key themes: ‘Growth and innovation’, ‘Performance and cost optimization’, and ‘Sustainability and circular economy’.

PROGRESS IN POLYMER SCIENCE

whitePaper | May 28, 2022

Progress in Polymer Science publishes state-of-the-art overview articles by internationally recognized authorities in polymer science and engineering, one of the fastest growing disciplines.

U.S. Department of Commerce Economics and Statistics Administration

whitePaper | December 24, 2022

Chemical manufacturing shipments totaled $794.7 billion or 13.9 percent of all manufacturing shipments in 2012. According to the North American Industry Classification System (NAICS), the industry is engaged in the “transformation of organic and inorganic raw materials by a chemical process and the formulation of products.”

chemicals Evolution of a digital twin with an ethylene plant as an example

whitePaper | January 17, 2020

A digital twin of a process plant as an integrated concept covers three core points: The digital twin of the product, the digital twin of the production plant and the digital modeling of the performance of the product and production. The functional scope of a digital twin essentially depends on its purpose. In the process industry, this can be everything from the safety analysis, product simulation or the optimization of the production process, right up to economic benefit formulation.

More Whitepapers

How digital transformation is reformulating the chemicals industry