In today’s global business climate you are confronted with myriad challenges linked to cost controls, regulations, limited work force, cyber security, and ever-changing market pressures. Whether you are producing high-volume commodity chemicals or low-volume specialty chemicals, you need to find ways to do so in the safest, most cost-effective manner. The amount of investment in the chemical industry is often used as a barometer for its current condition. Mr. Hamblet will present insights into the overall market investment trends, including both CapEx and OpEx, as well as taking a more detailed look at the individual sub-segments to see where investment is headed. Industrial Product Video includes some of the world’s most complex and diverse robotics and machinery, that assist in easing the manufacturing labor. He’ll also provide commentary on the influences on spending patterns seen in the raw data. Aging assets, changing technology, regulatory compliance, and a decreasing skilled workforce present significant challenges when considering an automation upgrade. With these challenges also comes significant opportunity to deploy solutions that can drive improved safety and asset utilization while minimizing risk.
