Chemical plants consolidating

Posted by / 03-Oct-2017 14:50

Chemical plants consolidating

These are the companies that stand to benefit the most from consolidation.

In the interest of reducing purchasing costs and streamlining storage and handling, many organizations have substantially slashed the number of lubricant SKUs (stock keeping units) they use.Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Michigan has been home to The Dow Chemical Company since 1897.They have also re-engineered the precision of their lubricant specification.There are many real and a couple of somewhat imaginary benefits to these consolidation initiatives. These include: The imaginary relates to the false reality that limiting lubricant SKUs to the catalog products of a single major brand can optimize the selection and number of lubricants in typical process industry plants and factories.

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Some lubricant suppliers have these capabilities, but others do not.