Chemicals and petroleum services

The chemicals and petroleum (C&P) industry has been rocked by a number of catastrophes, ranging from refinery explosions to information concealment penalties. Often, many of these events can be traced back to failed business practices, whether they be complex environmental impact programs or simply managing behavioral changes as part of implementing new standard operating practices.

In addition, there is volatility in what is sold, where it is sold and to whom. Logistics and operational environments are increasingly complex as companies expand in hostile or distant locations. And the infrastructure required to manage it all gets more costly by the day. As a result, companies face a broad spectrum of complex risks threatening their businesses, information and people. The IBM Chemicals and Petroleum services can help refine your operational standards for today’s industry where the only constant is change.

"Chemical and petroleum companies share similar challenges: globalization, global competition, regulatory hurdles and operational complexities. Increased visibility of near-real-time data that can be acted upon is a business imperative to creating competitive advantage." Steve Edwards Global Leader, Chemicals and Petroleum