Resource Transformation

The Chemicals industry is made up of companies that turn both organic and inorganic feedstocks into diverse products that are sold for industrial, agricultural, housing, and pharmaceutical applications. The industry has three main segments: commodity chemicals, specialty chemicals, and agricultural chemicals. Commodity chemicals are the largest produced chemical within the industry and it includes petrochemicals, inorganic chemicals, various industrial chemicals, and bulks polymers. Specialty chemicals are used in products such as adhesives, paints, dyes, agrochemicals, and sealants. Agricultural chemicals are products such as fertilizers, crop chemicals, and biotechnology for agriculture. Products are often sold globally, and while large companies may produce all three types of chemicals, smaller companies often specialize in the chemical that they produce.

The Containers and Packaging industry is made up of companies responsible for converting raw materials into semi-finished or fully finished packaging products. The raw materials used in this process include metal, plastic, paper, and glass. The products that these materials create include food and beverage containers, corrugated cardboard packaging, household products, and aluminum cans. This industry is often operating globally, and tends to function as business-to-business entities.

The Electrical and Electronic Equipment industry is made up of companies that both develop and manufacture a variety of electric parts; some of these products include energy transformers, power generation equipment, switchboards, lighting, and heating and cooling equipment. The equipment that is manufactured and sold is for both non-structural commercial buildings and residential buildings.

Industry equipment found in these buildings are products such as HVAC systems, elevators, lighting fixtures, traditional power generation equipment, renewable energy equipment, measurement instruments, and electrical power equipment. This industry operates globally and tends to receive a high percentage of revenue from countries foreign to their location; this industry is relatively mature and competitive.

The Industrial Machinery and Goods industry is in charge of manufacturing equipment for the construction, utility, energy, automotive, mining, and agriculture industries. The products that this industry produces consists of, but is not limited to, trucks, tractors, ships, turbines, industrial pumps, engines, earth-moving equipment.

This industry requires a large amount of raw materials for manufacturing; these raw materials typically include steel plastic, glass, rubber, and paint. Industrial production tends to drive this industry’s demand, and innovation for energy efficiency and limiting air emissions within this industry is significantly driven by both customer demand and government environmental standards.