Monday, September 25, 2006

Factors and Trends Transforming the Chemical Industry…and How to Survive


This is an interesting read.
Speaker: Lee McMaster, Chemicals Business Group President Event: North American Chemical Distributors Annual Conference, Date: 12/04/2003

Lee McMaster's discusses:
Industry Summary: North America Chemical Distribution
Why is our industry in this state?
Chemical Industry is undergoing another historic and permanent shift
Where is the industry headed?
What will our industry look like in 10 years? The producer prospective
What will our industry look like in 10 years? The distributor perspective
How to Survive: Collectively reduce the total cost to serve
Our Future…Together

Lee indicates that "Distributors and producers need to move to a low cost-to-serve position. We will need to find ways to take advantage of those opportunities we mentioned before – improving capacity utilization...".

Shak Gohir

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