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Industrial markets overview
Whether in mining, metals or manufacturing, companies strive for the operational excellence that will keep them competitive. All industry sectors face the same basic demands: to make the best use of capital; to control operating expenditure; and to enhance profitability. And these requirements have to be met against a backdrop of severe competitive pressures and growing public concern for social, health, safety and environmental issues.
Businesses need to find ways of improving operational performance and to acquire the technology and resources to implement the solutions. Many companies are tapping the immense potential to be gained from sharing best practices between industry sectors; they are benefiting particularly from leveraging energy industry expertise.
For instance, pulp and paper, and steel companies have implemented maintenance improvement programmes developed for the refining industry.
Whatever the industry sector, putting smart minds together can help to address business challenges and improve operational performance.