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 »
Certainly, doing business in the age of COVID 19 has presented many challenges for companies. Between shutdowns, working from home, and new considerations for the health and safety of employees, this has been a tumultuous year with many changes. But now as we venture into the second half of 2020, where does this leave the... Read more »
As an essential business, ChemCeed understands now more than ever how important our role as a chemical supplier is during this global crisis. Although our office staff are now working from home, ChemCeed is open for business to ensure all the essential medical, pharmaceutical, water treatment, food and beverage, and other industries receive the raw... Read more »
As concern about the spread of COVID-19, commonly known as the coronavirus, continue to develop in the U.S., many companies are beginning to look at the potential economic impacts of this virus on their businesses. What can you do to prepare? Here is what you need to know: Monitor your Supply Chain Closely Many producers... Read more »
