As the chemical industry serves nearly every other industry ranging from energy, oil and gas, agriculture and manufacturing to consumer and retail, it continues to experience a plethora of challenges in the buoyant global economy. Factors hindering industry growth include fluctuating commodity prices, irregular supply, regulatory pressures, geopolitical risk and revenue downturn. The addendum of these factors heavily impacts the chemical prices, affecting the profit margins of various downstream sectors. With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with a detailed buying and settlement process end-to-end and delivers price and market forecast, success & risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.

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