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Supply chain transformation in the chemical industry

Supply chain transformation in the chemical industry

IBM
Published by: Research Desk Released: Aug 27, 2019

80,000,0001 barrels of crude oil are extracted daily At current market prices, that should add up to $5.6B2 worth of hydrocarbons, every single day, 365 days a year.

That’s a lot of value that can be realized, but the number gets chipped away by production, transportation and administrative costs.