Industries

Refining

In the U.S., nearly 150 petroleum refineries are in operation.  Collectively owned by roughly 90 different companies, the industry has a combined annual revenue of over $580 billion. 

The largest of these refiners – ExxonMobil, Chevron, ConocoPhillips, Valero, and BP's US-based subsidiaries – are all Track Software customers.

Chemical

The chemicals industry in the U.S. includes about 10,000 companies with combined annual revenue of nearly three-quarters of a trillion dollars.  The U.S. industry is highly concentrated, with the 50 largest firms generating more than half of industry revenue. 

Some of the major players in this space – ExxonMobil Chemical, LyondellBasell, and Shell Chemical – are longtime users of Track. 

Power

The power industry in the U.S. consists of a variety of sources -- including coal, natural gas, solar, wind, hydroelectric, geothermal and nuclear.  Nearly half of the nation's energy capacity is generated by coal plants.  Natural gas, nuclear and renewable sources account for most of the remaining capacity.

The state of New Mexico's largest electricity provider, PNM, uses Track to manage its contractor spend.

Pulp and Paper

Roughly 30% of the world's pulp and paper is produced in the United States, and no country consumes more paper than the U.S.  Leading providers include International Paper, Georgia-Pacific, Weyerhauser, Kimberly-Clark and Procter & Gamble.  Because pulp and paper are commodities, countries with an abundance of trees and lower labor costs (such as Brazil, Chile and Indonesia) have recently become dominant players.

Very few new manufacturing facilities have been built in the U.S. in the past two decades, especially with increasing environmental regulations.  Capital expenditures typically take the form of plant expansions and upgrades.