OEM Sourcings: Eliminate risks associated with possible geographical closures with Haizol’s 200,000+ suppliers across Asia

LONDON, 28-Sep-2020 — /EPR INDUSTRIAL NEWS/ — Operational Agility refers to one’s ability to discover and seize opportunities to improve operations and processes, within a focused business model. For the vast majority of companies, increasing agility is a board room objective.

With the world becoming increasingly fragile, who wouldn’t want to be in a position where they are able to react quickly to opportunities or adapt in time to evade possible difficulty? What used to be a focus on goals delivering tangible and short term returns, 2020 has brought operational agility to the forefront of business strategy and objectives.

Small, medium and large manufacturers, are all looking into what exactly their operations are and how efficiently they run them. A priority is to be well prepared to respond to future events, and this begins with improved analysis and management.

For industrial businesses in particular, agility enables flexibility and responsiveness, which can be critical for businesses preparation facing unpredictable situations. With these tools, a business can alter their direction with assurance and adjust to emerging challenges worldwide.
How can a company become more agile? Utilizing digital tools and analytics alongside AI and automation can aid in gaining insights and data. This data creates a better picture of the current situation, allowing for improved planning for the future. Adopting digital technologies, in conjunction with more data intelligence is key to prosper and advance supply chain relationships.

Outsourcing your supply chain can result in more efficient and streamlined operations. Having a supplier base which is widespread and can withstand the possibility of geographical closures which may limit production is beneficial. Haizol has a diverse supply chain in place, which can bring stability and confidence to businesses of all sizes. Haizol leverages a database of over 200,000 suppliers across Asia specializing in all kinds of manufacturing processes to cater to the most stringent requirements.

Diversify your existing strategy today and try outsourcing your parts production.

SOURCE: EuropaWire

Galata Chemicals opens its 4th Tin Stabilizer facility

LAMPERTHEIM, Germany, 3-Sep-2020 — /EPR INDUSTRIAL NEWS/ — Galata Chemicals, a leading global producer of plastic additives, announced the commissioning of its newest Tin Stabilizer production facility in Dahej, India. This facility will produce Methyl, Butyl, and Octyl Tin Stabilizers, further expanding the global reach of its Mark® Tin Stabilizer portfolio. With products already commercially approved by several leading PVC and CPVC processors, this new facility is well positioned to serve both the domestic Indian market as well as international sectors.

 

“The product validation by our customers was a crucial step in making the decision to forge ahead with capital investment despite challenging market conditions driven by the COVID-19 pandemic. This expansion demonstrates Galata’s commitment to the Indian and global vinyl markets,” said Drew Clock– Executive Vice President, Galata Chemicals Global Group. This will be Galata’s fourth Tin Stabilizer facility after Taft (Louisiana, USA), Bradford (Ontario, Canada), and Lampertheim, (Germany).

Additionally, the site will begin production of Tin Intermediates including Tetrabutyltin (TBT), a precursor to Butyl Tin Stabilizers. “Producing the final product is only one part of the story. Backward integration is the keystone to long term manufacturing and commercial success. This is the next stage of Galata’s evolution and will not be the last.” said Drew Clock.

 

Used in a wide range of applications including PVC Pipes and fittings, sheet extrusion, and injection molding, Mark® Tin Stabilizers have led the industry in quality, value, and performance for decades. The newest investments in India will serve the existing Tin Stabilizer Vinyl markets as well as focus on providing lead-free solutions in order to meet stricter regulatory requirements.

SOURCE: EuropaWire