Driving competitiveness and sustainability
The biggest challenge is remaining competitive. And the crux of this: better operational efficiency and flexibility, enhanced productivity performance, improved plant availability, and the analytic use of intelligent plant data to inform current and future strategic decision-making. This future is bright – especially when it's not overshadowed by limitations to brownfield sites.
Chemical Industry 4.0 - A Formula for Investment
A study of the UK chemical industry’s digital transformation and the building blocks of reliable return on investment from Industry 4.0
Growth in figures
The chemical industry is growing. By 2035, the market is expected to reach around 5.6 billion euros, more than double what it is today. Shorter product lifecycles, difficult access to raw materials, and high customer demands pose tremendous challenges for chemical companies.
What drives the industry, drives us.
Decisive factors driving the chemical industry include more efficient processes for commissioning plants more quickly, high productivity, availability and security over long plant lifecycles, and flexible production management. To optimally prepare you to meet these challenges, we offer a wide range of products and solutions all along the value chain. Thanks to digitalization, we can take into account measures during the planning phase already that are relevance for the commissioning, operation and possibly even future modernizations. This creates investment security and reduces the total cost of ownership.
“We support chemical corporations in achieving more effective, cost-efficient, and sustainable operations with integrated Main Automation Vendor (MAV) and lifecycle management concepts.”
Miguel-Angel Fernandez, Head of Vertical Chemicals, Siemens AG.