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Chemical Industry Risk Management Solutions

Chemical companies must control the risk inherent in the production of highly hazardous materials, which makes supply chain risk management critical across the industry. Since a typical chemical plant is made up of 50% or more suppliers, and plant turnaround is common, these organizations turn to Avetta to lower TRIR and take on the administrative burden that comes with prequalification, OSHA compliance, and sourcing of suppliers

Key Avetta chemical partners

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Avetta Case Study: Huntsman Corporation

Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2014 revenues of approximately $13 billion including the acquisition of Rockwood’s performance additives and TiO2 businesses. Its chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets.

Huntsman realized a 74% lower TRIR after Avetta was engaged.

Avetta established standardation for prequalifying contractors.

A company-wide database for fast contractor lookup was created.

Avetta dramatically improved the existing, lengthy process for onboarding contractors.

30

Countries

16K

Employees

2007

Avetta Client Since

850+

Audits Performed

1,000+

Contractors

74%

Lower Trir

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