Login
  • Products
    • Currency Accounts
      • Currency Accounts (IBANs)
      • Accounts Capabilities
    • FX Data
      • Dynamic Pricing
      • FX Data Capabilities
      • FX Data API
    • FX Risk Management
      • Dynamic Hedging
      • Hedge Accounting
      • FX Capabilities
      • FX API
    • International Payments
      • Payments Factory
      • Collection Factory
      • Payments Capabilities
      • Payments API
  • Industries
    • Travel
    • Digital Advertising
    • Ecommerce
    • Food
    • Chemical
  • Resources
    • News
    • Knowledge Hub
    • Currency Tools
      • Currency Converter
      • Live Rates
    • FX Glossary
    • Download FX tips
  • About
    • Team
    • Careers
    • Testimonials
    • Press
    • Events
    • Investors
    • FAQs
    • Partners
    • Contact Us
Request a demo
Private area
  • en
    • fr
    • de
    • it
    • es
Login Logout
Request a demo

Currency Management for the Chemical Industry

Automate FX risk management processes to protect your margins and reduce FX gains and losses

Get your free company analysis

FX management for chemical companies

The organic chemical industry consists of many different players from a broad range of sectors, from upstream drilling and gas exploration companies to downstream chemical manufacturers, and everything in between. As part of this supply chain, we often see chemical distributors that are facing a raft of complex challenges when it comes to currency management. These often include:

  • High FX risk and extended payment cycles leading to increased FX gains and losses
  • Large amounts of transactions with significant time gaps between the purchase and payment dates
  • Poor or sub-optimal hedging strategies on both the supply (imports) and sales (exports) side
  • Manual hedging execution processes and lack of automation, placing a high level of burden on the finance team
  • Lack of competitiveness due to not selling and purchasing in local currencies
  • External factors such as climate, production, regulation or the use of substitute products affecting prices

 

Get the Chemical Report >>

Chemical distributors and specialty chemicals companies are already using Kantox solutions to automate their hedging execution and reduce P&L deviations

Get your company analysis

Get the Chemical Industry report

Leave us your details and be among the first to get a copy of our report, The Role of FX in the Chemical Industry. Based on real industry insights, we share:  

  • Why FX risk arises and how it affects different players in the supply chain
  • How companies in the chemical industry leverage currencies to gain a competitive edge
  • The advantages and limitations of some common FX risk management practices used (e.g. pre-hedging, ad hoc hedging and applying FX markups

Get the Chemical Report

Download the Business Case

European gas company, Lampogas, faced high FX risk and an extended payment cycle with a significant time gap between pricing and payment dates.

After implementing our solutions they were able to:

  • Monitor exposure in real-time and automatically execute hedges to secure their margins
  • Increase efficiency by pre-hedging their purchases based on the reference rate used to set their selling price
  • Take advantage of forward points to boost profit margins

 

Download the Case Study

Get your free FX risk analysis

We’re already helping other chemical companies unlock their full FX risk management potential. Interested in learning how?

If you would like to find out how you can improve your currency management by applying automated hedging solutions, leave us your details and we will be in touch to prepare your free company analysis.

Request a free FX risk analysis
No alt text available

Key Benefits for chemical companies

  • Gain full visibility over your FX risk and monitor exposure in real-time; sort easily by what’s hedged and what’s accumulating
  • Minimise FX gains and losses by using a flexible hedging strategy which allows you to hedge your exposure for the duration of the sales cycle
  • Guarantee your margins by automatically executing hedges at the right time for your business
  • Improve your pricing strategy and become more competitive with tools that allow you to remain aligned with FX market movements
  • Automate your processes to save time and liberate your finance team from manual processes
  • Accelerate international expansion by using currency management as a tool to for buying or selling in local currencies
  • Improve the customer and supplier experience by managing your own FX conversions or pay local suppliers without the need for unnecessary conversions

Products for your business

Dynamic Hedging

Read More

Currency Accounts (IBANs)

Read More

Dynamic Pricing

Read More

Payments Factory

Read More

Ready to boost your competitiveness and protect your profit margins?

Speak to an expert
Close

Request a demo

Fill out the below form to create your account and access the Kantox platform in demo mode

You'll be able to use all Kantox features, but trades will not be live and no real money will be exchanged, so you can test the system as much as you wish.
  • 1
  • 2
  • 3
Autofill from LinkedIn

There was a problem with LinkedIn, please fill the fields

Please insert a valid email

First name is required.

Last name is required.

KANTOX LTD SUCURSAL EN ESPAÑA, as the data controller will process your data for the purpose of replying to your query or request. You may access, rectify and erase your data, and also exercise other rights by consulting the additional detailed information on data protection in our Privacy Policy.

We would like you to give us your consent to:

In order to create business account, Kantox team needs to be able to contact you via phone or email. Please confirm you agree to that to proceed

Next

Company name is required

You have to select a job title

You must provide a job title

Range is required

Next

Invalid phone number

Invalid prefix phone number

Sign up

Thank you for your interest in Kantox!

You will receive an email shortly outlining how to activate your demo account.

Close

Speak to an expert

You'll be able to use all Kantox features, but trades will not be live and no real money will be exchanged, so you can test the system as much as you wish.

First name is required.

Please insert a valid email.

Company name is required

Invalid prefix phone number

Invalid phone number

Please select a valid date and time

KANTOX LTD SUCURSAL EN ESPAÑA, as the data controller will process your data for the purpose of replying to your query or request. You may access, rectify and erase your data, and also exercise other rights by consulting the additional detailed information on data protection in our Privacy Policy.

We would like you to give us your consent to:

In order to create business account, Kantox team needs to be able to contact you via phone or email. Please confirm you agree to that to proceed

Finish

Thank you for getting in contact with Kantox!

We look forward to speaking to you at your chosen time slot:

We will be in touch soon

  • Careers
  • FAQs
  • Regulation
  • Privacy Policy
  • Legal Notice
  • Social Media Policy
  • Cookies Policy
  • Safeguarding Policy

Kantox Limited is registered in England and Wales as a Limited Company: No 07657495 and is authorised by the Financial Conduct Authority, FRN: 580343, as a Payments Institution under the Payment Services Regulations 2017.

Headquarters

8 Devonshire Square
5th Floor
London
EC2M 4PL

Contact Details

Tel +44 (0) 203 608 6984

Mail contact@kantox.com

Kantox uses cookies to improve user experience on our website. You can find out more or switch them off if you prefer.
By continuing to use the site without changing your settings, you agree to this use of cookies.

accept
 Tweet
 Share
 Tweet
 Share
 Tweet
 Share
 LinkedIn