slide 1: Why is RD so important in the Chemical Industry
Research and Development RD is the backbone for growth and
development of any industry or company. RD contributes majorly to the
success of the chemical industry as well. It brings innovation in the
technologies and products used by a chemical manufacturer. Continuous
effort and perseverance is the key to carry out extensive research and set a
new benchmark for other industries in the competition.
In todays competitive market where customers actively seek new and
innovative products RD has gained more importance in every chemical
manufacturers production cycle. It provides a platform for evolution and
keeps the industry competitive.
The base of any research and development process is to clearly understand
the problem faced by current techniques or products and work towards
figuring out a solution. These efforts are later transformed into creating
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slide 2: Why is RD so important in the Chemical Industry
actual products. Although the entire RD process is time consuming and
can be expensive demanding investment of resources and capital
expenditure the results are all worth it. The reason why chemical
companies readily invest in RD is because the returns are high and it
gives them a lead in the competition.
Different sectors of RD for effective results
Research on developing new chemical products that are more
efficient and can enhance the quality of life.
Research on the changes occurred in consumer demands and build
products according to the variations analysed.
Research on the quantity of chemicals to be produced and sold in
order to achieve economies of scale cost advantage due to increased
production level.
Research on the optimum location for a chemical company to ensure
uninhibited access to raw materials and energy sources.
Research on the current procedure and processes used for making
chemicals to cut off the capital expenditure.
Research on different tactics to conserve and minimize the amount of
raw materials used in the chemical production process.
Research on introducing environment friendly manufacturing
methods for ease in the usage and disposal of chemicals.
Various discoveries in the Chemical Industry
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slide 3: Why is RD so important in the Chemical Industry
The famous chemical product polyethene was discovered
accidentally while a research was being carried out on the reactions
of ethene by chemical engineers.
Polyamides polyesters and linear low density polyethene – all the
three products were invented due to extensive research with a
definite aim and idea.
A new catalyst for efficient production of methanol was introduced
recently. It facilitates manufacturing at lower temperature and
pressure conditions.
Currently research is being carried out in the field of nanotechnology
biotechnology and biofuels to minimize negative impact on the
environment.
RD is not just limited to chemical engineers and chemists it requires
involvement of financial marketing and legal experts as well. The
development part needs investment of capital which is handled by
financial department of the industry. The marketing department handles
promotion of the product for effective selling.
In order to completely utilize the innovative chemical products
manufactured by a chemical company choosing a right supplier of the
chemical is crucial. There are several active suppliers of pharmaceutical
raw materials like Yashica Pharmaceuticals TatvaChintan Pharma Chem
Kirsch Pharma Zhejiang Medicines Health Products Imports Exports
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slide 4: Why is RD so important in the Chemical Industry
Co. Ltd etc. who provide certified and well tested chemicals for the
industries.
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