Transforming a petrochemical giant’s cost structure for greater efficiency

A leading petrochemical company in Latin America partnered with Sintec Consulting to optimize costs and expenses across all areas of its operations. Through a comprehensive analysis of its cost structure, identification of deviations, and implementation of targeted improvement initiatives, the company achieved significant gains in profitability, including a notable increase in EBITDA margin. Cost-saving initiatives were successfully implemented, driving operational efficiency and streamlining processes, resulting in enhanced financial performance and a stronger competitive position in the market.

Challenge.

“Fragmented strategies and unclear drivers were limiting the company’s ability to optimize costs and improve profitability.“

The company faced a significant challenge in optimizing costs and expenses across all its departments. Despite analyzing historical data and macroeconomic trends, the lack of a cohesive strategy hindered their ability to identify key drivers for cost reduction and operational efficiency. This fragmented approach made it difficult to implement best practices and achieve consistent improvements in profitability.

Solution.

The petrochemical company partnered with Sintec Consulting to address inefficiencies in its cost and expense management. Through a comprehensive analysis and targeted initiatives, they successfully identified key drivers for improvement and implemented solutions that optimized their operational performance.

Result.

The project delivered impactful results, significantly improving cost and expense management across all company departments. More than 15 cost-saving initiatives were implemented, driving a 10+ percentage point increase in EBITDA margin. These efforts not only optimized internal processes but also enhanced decision-making, contributing to a stronger financial performance and greater operational efficiency. The company achieved measurable improvements, positioning itself for sustained profitability and success.

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