Investments in large production facilities, like chemical plants, are risky and time-consuming. Pure construction times often take 2 to 4 years not even taking front-end loading and extensive permission procedures into account.
“Modular” is currently an often-quoted buzzword in the process industry – in process technology and engineering, automation and supply chain management.
Times are changing, and we are changing in them. An old saying that goes back to Ovid - but still true today. The business world has become more VUCA (volatile, uncertain, complex, ambiguous) than ever.
