Yorkshire Chemical Focus – Chemical Suppliers Grow by Reducing Customers’ Chemical Usage and Costs

HUDDERSFIELD, UK--(BUSINESS WIRE)--Proving that less really can be more, Chemical Management Services (CMS) providers saw more than 30 per cent revenue growth per yearfrom 2006-2008 by helping their customers significantly reduce their chemical use, waste, and emissions. According to the CMS Industry Report 2009, the third in a series released on October 21^st, 2009, the CMS industry not only reported revenue growth, but projections indicate the global market will more than triple in the next five to 10 years. The estimated current market globally is approximately $1.3 to $1.6 billion.

“We see this as a tremendous opportunity to provide sustained value for industry in the UK”

“We see this as a tremendous opportunity to provide sustained value for industry in the UK,” said Ralph Gerrard, Business Development Manager, Yorkshire Chemical Focus. “Under the CMS concept, chemical suppliers are developing their business models to focus on providing high value services rather than more volume. CMS providers partner with customers to manage their entire chemical lifecycle and create savings by leveraging purchases, improving inventory management, reducing chemical use and waste, and enhancing IT infrastructure.”

Yorkshire Chemical Focus Limited (YCF) received backing in 2008 by from Yorkshire Forward, the regional development agency for Yorkshire & Humberside, to actively promote awareness of the CMS concept; YCF is currently exploring various industry sectors with an eye towards funding a pilot CMS implementation.

According to the report survey data, customers have realised hard savings as high as 40-50 per cent in the first year of their CMS programme, and continue to see savings five to 10 years into their programme. The customers surveyed for the report represent diverse industries and companies, including: Intel Corporation, Lockheed Martin Corporation, Chrysler Group, Delta Air Lines, Ford Motor Company, United Technologies Corporation, Pacific Gas and Electric Company, Seagate Technology, and a US Department of Energy research lab, among others.

The European Union’s chemicals directive, REACH (Registration, Evaluation, and Authorisation of Chemicals), and similar emerging regulations internationally require users to have more detailed chemical information about their operations, products, and chemical supply chain. CMS providers’ IT capabilities are proving critical for their customers to meet these needs and to make informed business decisions.

The 2009 Chemical Management Services Industry Report and press kit is available: http://www.chemicalstrategies.org/IR09press.htm.