Chemical News and Updates

The rapid advancement in industry 4.0 technologies like IoT, ML, etc has forced most industries to give technology adoption a top priority in the present and future business roadmap. The chemical industry in India  is not an exception. It is witnessing a strong wave of digitization which will bring radical changes in the way industry has been traditionally functioning. In this article, we share three technology trends that would have a major impact on the global chemical industry in the upcoming decades. 1. IoT: IoT is an abbreviation for the Internet of Things. It is a network of devices that can communicate with each other using the internet. IoT is viewed as a true game-changer for the chemical industry. IoT will enable chemical players to collect valuable data from multiple components of the supply chain. By analyzing these data, chemical businesses would be able to introduce greater operational and functional efficiencies across the supply chain. 2. Block...

Chemical storage remains a consistent challenge for chemical manufacturers, suppliers, and buyers. Further, risk factors multiply by manifold in case of incompatible or toxic chemicals. However, with a secure and safe storage solution, chemical players can not only avoid unforeseen business loss but also ensure workforce safety in manufacturing centers, warehouses, transport & logistics, etc. As per  chemical industry experts , most of the incidents related to chemical storage are the result of neglecting factors like compatibility, ignition sources, breathing zones proximity, etc. In this blog, we share some important chemical handling techniques which promise efficiency and safety in chemical storage. 1. Proper Ventilation The storage room or cabinets must have efficient ventilation. It must facilitate easy air exchange so that unsafe or toxic chemical vapors do not build up over time. However, ventilation needs vary depending on the nature and properties of ...

Perhaps no other thing has boosted global chemical trade in the past few decades as much as Containers have. Easy to move and load, containers are integral to the timely and safe delivery of chemicals from the remotest of production centers to the bustling consumption centers. Import-export of chemicals relies essentially on the contamination-free transfer of chemicals. Without containers, international trade and commerce that we know today would not have been a possibility. However, one question that has long perturbed chemical suppliers is whether to use metal or plastic containers to supply chemicals. The answer, though, is not as simple as it may appear. There are several variables that chemical suppliers must take into account before choosing the right containers for their supplies. In this blog, we compare metal with plastic containers and offer readers an informed view of the advantages and benefits of one over the other. Chemical Storing Challenges Chemicals, unli...

Indeed, in the recent past, the chemical industry has shown continuous growth with increased shipping in international markets. The demand for chemicals is expected to grow further at 9% pa over the next five years. Drawing on this trend, chemical distributors in India may expect an increased ROI in the coming years. India is currently the sixth largest producer of chemicals in the world, and the industry is projected to reach $304 bn by 2025. Basic chemicals and related products fertilisers, varnishes, pharmaceuticals, etc., constitute a significant part of the Indian economy. Major new capacity is expected in the near future in base chemicals. Despite the positive signals, some concerns still stand and are gaining strength. With respect to the overall economic picture, the situation of the industry appears to be unhealthy. The chemical companies have to maintain their competitiveness in the world that is becoming globalised and digitalised. The onus is on the chemical...

The chemical industry is in the middle of a transition phase where Asia has emerged as the new global supply center. While this offers a sea of opportunity for emerging markets like India and the Middle East, the chemical suppliers in India must address some key issues to ensure uncompromised efficiency. The primary among these is data management. Why Data Management Matters? A robust data management practice contributes significantly to reducing errors and multiplying efficiency. In the digital age, data is instrumental in improving business health. Organizations or companies that employ efficient management practices enjoy benefits like: Accurate decision making. Identify supply chain loopholes faster and better. Effectively manage and control valuable business assets Data Management Challenges in The Indian Chemical Industry Emerging markets like India are dominated primarily by small and medium chemical companies. As such these companies do not h...

Proliferation of IT solutions has promoted remarkable advancements in modern business world, allowing every associated individual to buy up huge functional and operational efficiencies. Although Indian chemical industry has been inching along the modern trend for a long time, it has finally gotten along with the IT domain to materialize increased work efficiency and market competence.  Chemical distributors India have realized the potential of technological solutions and associated use cases where IT products can add up great growth opportunities to their respective business lines. Use of modern age digital solutions like cloud computing, big data and Internet of Things (IoT) have resulted in the increase of quality standards across India’s growing chemical industry and allowed multi-dimensional advancement across various involved production domains. For long enough, the chemical industry in India has been down trended due to its traditional work processes and supply ...

BASF, the largest chemical producer in the world, is now 153 years old and its timeline had its fair share of bright and dark spots. Chemical industry trends 2019 predict stronger days ahead for this German-based chemical company. But BASF had its fair share of turmoil too which also includes the time when it was under direct control of the French authorities following Germany's defeat in World War 2. However, the dark clouds were soon gone and BASF was refounded in 1952 riding high on the German economic miracle of the 1950s. This blog highlights some of the key milestone events that mark BASF over 150-year journey so far. The Big Steps Founded on 6 April 1865 in Mannheim (Germany) by Friedrich Engelhorn for production of soda and acids which are key ingredients in the production of dye. Fertilizers were added to the product line in 1913 followed by nylon, polystyrene, and styropor. 80% of the BASF production line in 1901 was dedicated to dye stuff. The 1960s saw B...