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Maine Pointe In The News

Maine Pointe Featured Panelist: Petrochemical firms preparing for recovery

View the article in Plastics News here.

Maine Pointe's Mark Montanari served on a recent webinar panel hosted by Petrochemicals Update and Reuters News. The panel included executives from BASF Corp. and Saudi Basic Industries Corp (SABIC) discussing the short – long term impact on the North American petrochemical supply chain industry. As the petrochemicals industry moves into recovery mode from COVID-19, Mark said firms will look at who their right #supplychain partners are. "They might create new partners if they think the old ones are too risky," he said. "They'll rethink relations across the value chain."With supply chains coming under greater scrutiny, transforming the supply chain into a tool for creating shareholder value is an art form that extends its scope and transforms it digitally. The presence of a hyperconnected global supply chain – along with unexpected risks like the global pandemic – have pushed the CFO’s office into a much more strategic role.


Topics: Total Value Optimization Chemicals Board of Directors manufacturing Supply Chain Optimization Maine Pointe Mark Montanari construction industry operations strategy Supply Chain Collaboration Risk Mitigation CFO supply chain management CEO Coronavirus resliency pandemic TD Ameritrade Network disruption COVID-19 petrochemicals petrochemicals industry #chemicals industry Risk Management plastics