The chemical industry faces a number of roadblocks in the near term.
The good news for chemical makers, according to Zack’s Research, includes continued strength in the automotive sector, expansion into high growth markets, aggressive cost management, acquisitions and capacity expansion. Still, there are a number of reasons for the industry to be cautious in the near term.
Among these, according to Zack’s, is a slowed Chinese economy and sluggishness in some of Europe’s major economies. Other roadblocks for chemical makers reportedly include depressed demand in the energy space, commodity pricing and challenges lingering in the fertilizer/agrichemical space.
Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.
Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...
See how Rosemount™ 625IR Fixed Gas Detector helps keep workers safe with ultra-fast response times to detect hydrocarbon gases before they can create dangerous situations.