Manufacturing Today Issue - 225 June 2024 | Page 74

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As a significant energy consumer , having access to accurate energy market data is crucial for Briar to make informed decisions and control its cost base
by a legacy company involved in the crop protection industry has given us the chance to display our unparalleled chemistry knowledge across various synthesis platforms . Moreover , Briar ’ s efficient processes ensure the reliability and quality of its products , complemented by a proven track record of safeguarding partners ’ intellectual property and confidential manufacturing processes ,” he informs .
Sustainable innovation
To navigate the market ’ s notable volatility over the last few years , Briar has formed an invaluable partnership with ICD Energy Managers ( ICD ). “ Since 2021 , we have worked with ICD to effectively manage our energy strategy . As a significant energy consumer , having access to accurate energy market data is crucial for Briar to make informed decisions and control its cost base . Nick Foster , our lead consultant , collaborates with our procurement team to understand our needs , develop effective strategies , and implement both short- and long-term contracts to meet our energy requirements . Given the current volatility experienced in the energy markets , it has been reassuring to be able to review and optimize our strategies , mitigating the impact of market fluctuations that would have otherwise affected us if we had solely 74