Solomon’s Worldwide Ethylbenzene and Styrene Monomer Plant Performance Analysis (EBSM Study) is designed to accomplish the following:
- Help your company understand the practices and trends of today’s petrochemical industry;
- Make you aware of the status of your plant in all key performance areas; and
- Provide valuable insights on which you can base performance improvement efforts.
Why Choose Solomon's EBSM Study?
For nearly 30 years, Solomon’s distinctive approach to benchmarking — Comparative Performance Analysis™ (CPA™) — has provided manufacturers with the means to compare their facilities to others around the world across a wide range of key performance indicators (KPIs). In addition to providing producers with an increased awareness of their plant’s strengths, weaknesses, and competitive position, the analysis facilitates effective resource management and continuous financial improvement for all study participants.
How It Works
All participating companies receive a report, supported by study data, that provides a thorough assessment of industry trends and insights. The data tables include calculation worksheets for each metric, as well as performance rankings, aggregated peer group results, and historical trend results.
The study results allow participating companies to:
- Determine competitive positions using standard industry peer groups.
- Evaluate specific performance shortfalls.
- Formulate expense/margin optimization plans.
- Establish performance targets and measure progress.
- Assess the future performance impact of planned capital improvements and modifications.
- Demonstrate performance and capability to joint-venture partners, financial institutions, and security analysts.
The EBSM Study results benchmark your plant’s performance against the performance of other producing plants. By analyzing and evaluating your quartile positioning and ranking results, you can better identify and target specific performance areas for improvement.
Solomon studies help you find answers to the critical questions key to your business success:
- How reliable are my facilities?
- How does my equipment utilization compare to that of other producers?
- Are my operating expenses comparable to those of companies with similar facilities?
- Do my facilities produce a competitive gross margin, taking into account my utilization and complexity?
- How does my operating performance compare to that of other producers?