The petrochemical market is reacting to volatility and widespread price increases for the past few consecutive months, leaving many buyers wondering what the reasons are behind it. Companies are especially feeling this added pain just as manufacturing makes its attempt at recovery in the post-pandemic world. Simply stated, there are two primary factors driving these... Read more »
With the pandemic starting in 2020 no one really expected it to last as long as it did and to have as big of an effect on our lives as it did. Many had only heard the term quarantine in books and movies and have never experienced the isolation that it would bring. With each... Read more »
Looking back to the beginning of this year, the chemical industry was faced with challenges including a global manufacturing slow down, turbulent trade policies, and uncertainty about the upcoming US elections. While in the midst of all of this, a global pandemic descended creating more uncertainty and changes within the industry. Now with a vaccine... Read more »
As companies return to work from the holidays, major delays at U.S. ports around the country continue to cause supply chain headaches. This persistent port and rail ramp congestion and container chassis shortages were a problem heading into the new year, and there seems to be no end in sight. The excessive detention and demurrage... Read more »
