By this point in the year 2021, the bottlenecked and congested ports, backed up rail lines, and pinched trucking capacities are nothing new, and most of us have adapted and gotten used to longer lead times, delays, and skyrocketing costs. After emerging into the post-pandemic world, there was hope that these logistical nightmares would begin... Read more »
ChemCeed will be exhibiting at the Adhesives & Bonding Expo that is Co-located with the Foam Expo North America in Novi, MI on July 13 – 15, 2021. ChemCeed would like to invite all attendees to stop by booth number 605 to discuss the many products ChemCeed offers into these industries. Despite being held virtually... Read more »
I think most will agree that right now is a very difficult time to be a purchaser of chemical raw materials. It was a perfect storm of unfortunate events that put us in this situation, and the reasons why each individual product is in tight supply vary in complexity. For most, it was the aftermath... Read more »
Last week a 1,300-foot container ship became wedged in the Suez Canal in Egypt, causing massive disruption to the already squeezed global ocean shipping industry. More than 10% of world trade is said to pass through this canal, as it greatly shortens the route between continents. The blockage is estimated to have cost $10 billion... Read more »
Much of the U.S. was hit by a winter storm and sub-zero temperatures, causing widespread power outages in Texas and other parts of the South, bringing freight movement across the country to a near stand-still, and causing multiple petrochemical manufacturers to declare force majeure. The timing of this storm could not be worse, as manufacturing... Read more »
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 »
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 »
ILMA’s Annual Meeting has gone virtual this year! ChemCeed will be attending this virtual event two day event on Monday, October 26 and Tuesday, October 27th, and would like to invite all attendees to check our our virtual booth and reach out for meeting availabilities. While the in-person event was unfortunately cancelled this year, the... Read more »
2020 has been a wild and unpredictable year so far, and it seems that trend will continue into the coming months, especially where the automotive market is concerned. We certainly have a lot of factors to consider when trying to forecast but for the most part they all center around one thing: COVID. What the... Read more »
Here we are three quarters of the way through 2020, and many of us have not attended a single in-person tradeshow. Yet we have come a long way since March, when flights and hotels were booked for tradeshows only to be canceled before the event. If you are anything like me, you are still missing... Read more »