The complex nature of chemical production – with its numerous process variables, volatile costs and prices as well as significant geographic differences – makes optimal decision-making particularly difficult. And, as explained in this first of a two-part white paper, the external and internal challenges facing the chemical sector over the next decade are only likely to make things more difficult. Drawing from a selection of independent sources and providing case studies from mature and emerging markets, this white paper provides executives an overview of how digitalization can help them increase profitability and minimize risk whatever their situation.