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7 innovative companies in the chemical industry you should know

Posted by IndustryNet on Thursday, October 5, 2017


100000117innovativechemicalcompaniesAs famed economist and management consultant Peter Drucker once said, "Innovation is the fuel of corporate longevity. It endows resources with a new capacity to create wealth." Chemical manufacturers must be ever-evolving and innovative in order to remain competitive in the industry.

IndustryNet recently reported on some postitive numbers for the chemical industry, citing a 1.5% rise in employment. Innovation has played a major part in the sector's growth, and additional reports indicate that innovations in the chemical industry have potentially put the world on "the brink of an age of new powerful materials."

Here is a look at some innovative companies in the U.S. chemical industry, producing many types of chemicals and serving seven distinct industries.

Agricultural 

Pace International is leading the post-harvest market with products to clean, buff, coat and control decay in fruits and vegetables. These agricultural chemicals offer solutions for managing the agricultural business from field to grocery store. For example, their innovative biorational postharvest decay control agent is the first decay control agent of natural origin in the post-harvest fruit industry in the past 20 years.

Biotech

When a company is focused on innovation, many partnerships, collaborations and mergers often occur. One such company, Puritan Products, was acquired by Avantor Performance Materials LLC, making it a more prominent player in the biotech chemical space, with improved supply chain security and accelerated brand expansion.

Construction 

During a seminar entitled "Challenges of the Chemical Industry - Growing Via Innovation," BASF's Chief Technology Officer Dr. Martin Brudermueller noted that the world's largest chemical producer is implementing five levers to foster innovation and drive growth: globalization of research and development, technology leadership, radical innovation, digitalization and co-creation. This is necessary because "companies need to fight ever harder to compete and to maintain their leading positions in innovation."

Custom blending

Industry sales for custom blending chemicals are up 1.63 percent over last year. In the Southern U.S., employment in the industry has risen by just over 6 percent since 2016. Seydel, located in Pendergrass, Georgia, is right in the middle of this growth. The company bases its success on "continuous product and process innovation and customizing our formulas based on the unique performance criteria and manufacturing of our customers."

Electronic

Innovation is one pillar of the strategy at Air Liquide. They realize it greatly contributes to the group's growth. Thus, they have made changes to improve the customer experience to address their needs and usages. One recent product, enScribe™, is an innovative material that addresses challenges in advanced semiconductor device fabrication.

PharmaceuticalLeadingChemicalCompanies2

AMPAC Fine Chemicals spent $40 million in 2016 to expand manufacturing operations in Rancho Cordova, CA. The company has become an established leader that uses innovative technologies such as continuous processes and energetic chemistry.

Specialty

Chem-Trend knows the importance of not losing anything in translation when a product is used by a global audience. Thus, one example of their many innovations is to create visual icons to represent their line of cleaners, primers, sealers and release agents. This helps to ensure customers use the correct product for their specific needs.

Discover more on IndustryNet

With a one-stop resource at your fingertips, IndustryNet is the only place to get all of your industrial supply information needs met quickly, and effectively. Providing information on over 400,000 U.S. manufacturers, as well as 10,000+ suppliers of industrial products and services, IndustryNet has the information you need. Request a quote, contact a company directly, obtain a list of all the suppliers in your area and even connect on social media.

If your company provides chemical supplies or any other type of industrial service, IndustryNet can assist you in standing out from the competition. Learn more about how our marketing solutions can steer industrial buyers like these to your business.

Related articles:
26 fascinating chemical companies leading U.S. growth
Growth in the U.S. chemical industry accelerates

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