Petro-chemical industry is an industry branch that produces organic intermediate products such as refinery products, natural gas, plastic, rubber, fiber raw materials. Unlike before this industry is competitive, involves significant technological innovation, is capital intensive and operates in a global product market.
Companies will likely have to take a more disciplined approach to capacity additions, returns may be more modest, and all petrochemical players will need to work much harder on core capabilities and strategy. This is where Valmar could help them by providing automated and advanced tools to reach a new level of productivity, and attaining higher capital productivity on the industry’s large-scale projects.
