EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Select your location
Local sites
Chemicals and advanced materials
Companies can increase efficiency through managing costs, promoting digitalization and adjusting their product portfolio.
Chemical companies are witnessing intensified cost pressures to protect margins. This pressure is compounded by the need to invest in digitalizing their operations. Big data and analytics can now enable more efficient plant operations, promote low-cost and sustainable R&D, and support business negotiations.
The industry also continues to pursue growth, both in technology and talent, through consolidation. To overcome the talent gap, chemical companies must adopt new strategies including early talent identification, new recruitment methods and a focus on millennials.
EY teams help a variety of chemical businesses such as specialty chemicals, fertilizers, agro-chemicals, paints and coatings realize sustainable business model improvements and advancements in technology to succeed tomorrow, today.
Our latest thinking
Why the chemical industry is prioritizing digitalization
Digitalization is becoming a key investment area for the chemical industry, helping them increase efficiency and become sustainable. Read more.
22 Aug 2022
How can manufacturers place innovation at the heart of transformation?
Value-driven growth requires manufacturers to put innovation and digital strategies at the heart of transformation. Learn more.
23 Jun 2023
David Takeuchi
How EY can Help
-
Supply Chain Reinvention helps clients effect a fundamental change in their performance to support sales growth, become more cost-competitive, minimize risk and improve operational resilience.
Read more -
Our People Advisory Services team can help your business build a workforce with the right capabilities, profile and focus to meet your goals. Learn more.
Read more