Six large, global testing, inspection, and certification
(TIC) companies are:
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These six TIC companies (all public companies) provide services
that can benefit chemical companies.
Here are a few of the services they provide:
Inspect whether regulatory standards
and safety requirements are being complied with
Support a company’s chemical and
physical testing needs
Provide a third-party evaluation of
supply chain and distribution routes
Consult on worldwide regulatory compliance
issues
Provide a third-party certification
(verification) to a company’s customers, vendors, lenders, regulators, and
other parties when needed
Assess a company’s results on objectives
against the company’s own assessments
Provide a third-party evaluation of
a company’s facilities and processes
Having a good relationship with a company like one of the
six companies listed above seems to me to be an important chemical company
asset. One, or all, of the services they
provide, such as those identified above, could be uniquely valuable to a company.
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